Dianrong
Company

Last deal

Amount

Private Equity

Stage

21.06.2019

Date

3

all rounds

$549M

Total amount

date founded

Financing round

General

About Company
Dianrong is a Chinese online marketplace lending company that uses technology to revolutionize financing and improve people's lives.

Industry

Sector :

Subsector :

Also Known As

Dianrong.com, 点融, 上海点荣金融信息服务有限责任公司

founded date

17.02.2013

Number of employees

Company Type

For Profit

Last funding type

Private Equity

IPO status

Private

Description

The company provides a comprehensive financial platform for individuals and small to medium-sized enterprises, supported by industry-leading technology, compliance, and transparency. Through its flexible infrastructure, Dianrong offers customized lending and borrowing products and services based on industry-specific data and insights, all supported by online risk-management and operation tools. Its fully integrated platform with various third-party payment systems enables rapid Internet and mobile-based payment methods, increasing transaction efficiency and enabling short-term loans and financing for individuals and small businesses.
Contacts

Contact Email

Phone number

Social url

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Financials

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3

Number of Funding Rounds

$549M

Money Raised

Their latest funding was raised on 21.06.2019. Their latest investor Max Giant Capital. Their latest round Private Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
Affirma Capital

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Affirma Capital is a private equity investment firm that offers exposure to emerging markets in Asia, Africa, and the Middle East.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital, Finance

Location

London, UK

count Of Investments

37

count Of Exists

2

Standard Chartered Private Equity

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Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

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Singapore

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5
Dalian Finance Industry Investment Group (DFIIG)

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Closed End Investments

Subsector

Closed End Investments

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Financial Services, Finance, Venture Capital

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Dalian, Liaoning, China

count Of Investments

2
ORIX Asia Capital

ORIX Asia Capital

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Closed End Investments

Subsector

Closed End Investments

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Financial Services, Venture Capital, Finance

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Central, Hong Kong

count Of Investments

3
Co-Investors
Investors
14
8

Number of lead investors

14

Number of investors

Investor 
Lead 
Round 
Partners 
No
Series C
Yes
Series C
Max Giant Capital

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Financial Services, Finance, Asset Management

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Hong Kong Island, Hong Kong

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1

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Investment Banking and Brokerage Services

Subsector

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Leasing, Financial Services

Location

Tianjin, China

count Of Investments

2

count Of Exists

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Acquisitions
1

Quark Finance - asset-origination operations acquired by Dianrong

acquirer

Dianrong
Dianrong

date

13.07.2017

type

Acquisition

Quark Finance - asset-origination operations

Quark Finance launches Credit Studio platform for asset-origination operations.

Sector

Finance and Credit Services

Subsector

Consumer Lending

Location

Shanghai, China

People

Founders
3

Soul Htite

Mr. Soul Htite is a Co-Founder and serves as Executive Chairman of the Board at Dianrong. He also serves as General Manager & Board member at Chained Finance. He is a Co-Founder and serves as Senior Advisor at Upgrade. He served as Advisor of Uvamo. He is also a Co-Founder and serves as Chairman at True North. He also served as the CEO of the company. He also served as an Advisor at Finsight Ventures. During his tenure in charge of technology development and operations, is committed to providing the most advanced network platform information technology and the highest level of security. Before creating LendingClub, he worked long the world's largest enterprise software company Oracle, is mainly responsible for the design and development of high-availability systems and real-time online service. He has served as senior manager of the database server core technical team, and led the team to develop real-time online system management and diagnostic services, he was an early advocate of the use of Oracle's global real-time collaboration products. He has been the World Economic Forum (Davos) awarded honors, led the development of the system to obtain the title of Technology Pioneers. He also serves as Venture Partner at Marathon Venture Partners.

organization founded

3

Soul Htite

Kevin Guo
Kevin Guo

Kevin Guo

Kevin Guo is founder and co-CEO of Dianrong. Prior to co-founding Dianrong, Kevin was a managing partner of Yulan & Partners, a well-known law firm in Shanghai, from 2001-2011. For more than 10 years, he provided legal counsel to leading multinationals, including Siemens, Google, and Microsoft on intellectual property matters. Before that, Kevin advised a number of venture capital funds on Internet finance and investment activities. Kevin serves on numerous boards, including the Shanghai Youth Federation, the Huangpu District Youth Federation, and the Shanghai Finance Institute. He also serves as a legal expert for the Internet Branch of the Insurance Association of China, and an entrepreneurial mentor for Top 50 Achievers of China Credit Information Industry and Global Entrepreneur Leadership Program of PBC School of Finance, Tsinghua University. Kevin has received numerous professional awards and recognitions. He was named to the Top 10 Innovators of the Thirteenth Shanghai IT Youths in 2014 and was awarded the “Outstanding Young Entrepreneur of the Year 2015” by the “Thirteenth China Finance and Economics Rankings”. Additionally, Kevin was named “Shanghai Financial Industry Leader” jointly awarded by Xinhua News Agency, People’s Bank of China, Shanghai Branch, China Securities Regulatory Commission, Shanghai Securities Bureau, China Banking Regulatory Commission (Shanghai Office), the China Insurance Regulatory Commission (Shanghai Office and Financial Service Office). In 2016, he was named to the “Top 20 Financial Technology Leaders of the Global Figures Chart” by People’s Daily. As a technology industry expert involved in the discussion and formulation of Internet finance policies in China, Kevin co-authored the book Theory, Practice and Supervision of Internet Finance (2014) with the Chinese regulatory authorities. He also regularly posts online opinion columns on various sites, including caixin.com, finance.sina.com.cn, 01caijing.com, and weiyangx.com. Kevin holds a Bachelor of Science in International Economics and a Juris Doctorate from Eastern China University of Politics and Law. He also earned a Masters of Finance from Remin University of China.

current job

Dianrong
Dianrong

organization founded

1

Kevin Guo

Soul Htite
Soul Htite

Soul Htite

Soul Htite is the founder and CEO of Dianrong. Prior to co-founding Dianrong in 2012, Soul co-founded Lending Club, the world's largest and benchmarking financial technology company. He served as the Head of Technology until 2011. Soul led all the design and development efforts of Lending Club's award winning online lending platform. Soul spent the earlier part of his career building enterprise software at Oracle Corporation. His focus was in real-time online services and system design for high availability and fault tolerance. Soul holds a Bachelor of Science degree in Computer Science from the Université de Montréal. Specialties: entrepreneurship, internet, software, product design, innovation, creativity, product development, startups, investment

current job

Upgrade
Upgrade

count Of Investments

1

count Of Exists

1

Soul Htite

Employee Profiles
16
Longxiang Luo

Longxiang Luo

Chief Executive Officer

Peng Bi

Vice president of engineering

Yawen Cui

Yawen Cui

Chief Financial Officer

Xuxia Kuang

Xuxia Kuang

Chief Operating Officer

Soul Htite

Soul Htite

Founder & Executive Chairman

Tracey Li

Tracey Li

Vice President, Wealth Management

Ling Kong

Ling Kong

CTO

Sync Shan

Sync Shan

Head of Big Data

Activity

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