Wacai

wealthtech-retailpersonal finance management

FOUNDING YEAR: 2008
LOCATION: China
Last Update: 01/05/2020

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

About

Wacai is a Chinese mobile app developer and the creator of a personal finance management mobile app. The app has two major functions. One, to serve as a bookkeeping service (launched in 2009) and two, a mutual fund trading feature that was added in July of 2013. Its most recent feature, incorporated in April of 2014, is a credit card manager, which is gaining popularity in the Chinese markets. The app currently has over 40 million users.

Focus

PRODUCTS & SERVICES

Personal finance management app

MAIN CLIENTS

Online Retail Investors

EXISTING PARTNERSHIPS

PINGAN

Citibank

BCS

SPD Bank

PICC

CHINA CITIC BANK

China Everbright Bank

Momentum

FUNDED

YES

TOTAL FUNDING

$213.6 M

DATE OF LAST FUNDING

Jul 2018

SEED & PRIOR FUNDING

$1.6 M

SEED CLOSED ON

Jun 2011

FUNDING SERIES

SERIES A  · $40 M  · Feb 2014

SERIES B  · $130 M  · Jul 2015

SERIES C  · $42 M  · Jul 2018

LISTED

NO

BASICS

FOUNDING YEAR:

2008

LOCATION:

China

Views:

160 VISITORS | 263 VIEWS
LATEST FUNDING ROUND

$214 M

About

Wacai is a Chinese mobile app developer and the creator of a personal finance management mobile app. The app has two major functions. One, to serve as a bookkeeping service (launched in 2009) and two, a mutual fund trading feature that was added in July of 2013. Its most recent feature, incorporated in April of 2014, is a credit card manager, which is gaining popularity in the Chinese markets. The app currently has over 40 million users.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
People+
Other+

Join the exclusive global FinTech community

Be a part of the global FinTech community on Slack