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§ Private Profile · Shanghai, Shanghai, China
Online marketplace lending platform, P2P lending, and fintech solutions for small businesses and individuals in China.
Dianrong is an online marketplace lending platform based in Shanghai, China, that connects individual and small business borrowers with lenders through a digital peer-to-peer network. Operating with a workforce of 1,001 to 5,000 employees, the company generates revenue by providing marketplace lending services, financial information, and technology-driven risk management tools. To support its growing ecosystem, the enterprise restructured as DR Group to encompass its various fintech businesses and strategic partnerships. The firm has also expanded its operations into supply chain finance and blockchain technology, notably acquiring the asset-origination operations of Quark Finance to enhance its credit evaluation capabilities. Furthermore, the organization holds an executive directorship within the National Internet Finance Association of China, a regulatory body led by the People's Bank of China. Dianrong was founded in 2012 by Guo Yuhang and former LendingClub executive Soul Htite.
Dianrong has raised $509.0M across 4 funding rounds.
Dianrong has raised $509.0M in total across 4 funding rounds.
Dianrong has raised $509.0M across 4 funding rounds. Most recently, it raised $70.0M Series D in January 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 24, 2018 | $70M Series D | Orix Asia Capital | CLSA | Announced |
| Aug 2, 2017 | $220M Series D | GIC | China Minsheng Investment Management, Simone Investment Managers | Announced |
| Aug 25, 2015 | $207M Series C | China Fintech Fund, Standard Chartered | Bohai Leasing | Announced |
| Jan 7, 2014 | $12M Venture Round | Northern Light Venture Capital | — | Announced |
Dianrong has raised $509.0M in total across 4 funding rounds.
Dianrong's investors include Orix Asia Capital, CLSA, GIC, China Minsheng Investment Management, Simone Investment Managers, China Fintech Fund, Standard Chartered, Bohai Leasing, Northern Light Venture Capital.