PayEase
Company

Last deal

$14.5M

Amount

Series E

Stage

06.11.2006

Date

1

all rounds

$14.5M

Total amount

date founded

Financing round

General

About Company
PayEase is China's top payment service provider, offering mobile and internet banking.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2000

Number of employees

Company Type

For Profit

Last funding type

Series E

IPO status

Private

Description

The company has a global presence and works with 23 major banks in China, supporting 63 types of credit and debit cards, including Master, Visa, JCB, and American Express. PayEase provides payment services to a variety of industries, including online travel portals, TV shopping channels, online shopping and media portals, mobile carriers, online game operators, and insurance markets.
Contacts
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M&A Details
1

Transaction name

Acquired by

Fintiv

announced date

10.02.2015

Financials

Funding Rounds
1
1

Number of Funding Rounds

$14.5M

Money Raised

Their latest funding was raised on 06.11.2006. Their latest investor Charles Skibo. Their latest round Series E

Date 
Funding Round 
Investors 
Money Raised 
Lead 
06.11.2006
5
$14.5M
Co-Investors
Investors
5
0

Number of lead investors

5

Number of investors

Investor 
Lead 
Round 
Partners 
No
Series E
No
Series E
No
Series E
Charles Skibo

Charles Skibo

Charles Skibo has served as a member of our board of directors since February 2010. Mr. Skibo served as President of SE&C Inc. for various periods since July 2002, the Chairman and Chief Executive Officer of HouseRaising, Inc. from August 2004 to June 2005, and the Chairman of Purely Online from September 2003 to August 2004. He has also been a director of PayEase since November 2001. Mr. Skibo holds a bachelor of science degree in geology from West Virginia University.

current job

House Raising
House Raising

count Of Investments

1

count Of Exists

1
WI Harper Group

WI Harper Group

WI Harper Group is a San Francisco venture capital firm investing in Asia.

Sector

Investment Banking and Brokerage Services

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San Francisco, CA, USA

count Of Investments

157

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Capinfo Company

Capinfo Company

CapInfo provides high-end IT consulting and technical services to government and enterprise clients.

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Software and Computer Services

Subsector

Computer Services

Location

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count Of Investments

1

count Of Exists

1

People

Founders
1

Frederick Sum

current job

PayEase
PayEase

organization founded

1

Frederick Sum

Employee Profiles
2

Frederick Sum

CEO

Ekkehard Rathgeber

COO

Activity

Recent News
0