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Aixuedai

Description

Provider of micro-financing services to college students in China. The company allows college students to purchase items like phones, tablets, laptops, and cameras using monthly installment plans. Customers need only need two photo IDs, one of them a student ID, to apply for a loan. They can then choose the number of months over which they want to pay the money back – up to two years – and their optional desired down payment.

2012

Founded

PRIVATE

Status

Series A

Latest Deal Type

$40M

Latest Deal Amount

$40M

Total Amount Raised

1

Investors

Description

Provider of micro-financing services to college students in China. The company allows college students to purchase items like phones, tablets, laptops, and cameras using monthly installment plans. Customers need only need two photo IDs, one of them a student ID, to apply for a loan. They can then choose the number of months over which they want to pay the money back – up to two years – and their optional desired down payment.

Website:

www.aixuedai.com

Ownership Status

Privately held (backing)

Financing Status

Angel-Backed

Primary Industry

Consumer Finance

Primary Office

Huaxing Road, Xihu District No. 96 Building, 5th Floor, Rayleigh Hangzhou, Zhejiang China +86 (0)40 0108 8255
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    Aixuedai Valuation and Funding

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    Deal TypeDateAmountRaised to DatePost-ValStatusStage

    Aixuedai Investors (1)

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    Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
    Seat
    Contact
    Info
    Huoban VCVenture CapitalMinority000 0000000 0000
    Huoban VC Venture Capital

    Aixuedai Executive Team (3)

    NameTitleBoard
    Seat
    Contact
    Info
    Qian LongCo-Founder & Chief Executive Officer
    Wang FengCo-Founder & Chief Operating Officer
    Lin LiChief Marketing Officer & Partner
    Qian Long Co-Founder & Chief Executive Officer
    Wang Feng Co-Founder & Chief Operating Officer
    Lin Li Chief Marketing Officer & Partner
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