PingPong Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 362


  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 22

PingPong General Information


Operator of an online cross-border payment platform intended to offer tailored payment service. The company's cross-border payment platform is a multi-platform cross-border payment service provider with a one-click withdrawal, directly to a domestic bank account, with no foreign exchange loss or any other potential charges, enabling users or businesses to further grow their businesses without any boundaries.

Contact Information

Formerly Known As
Ping Pong Financial
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Corporate Office
  • 1510 Fashion Island Boulevard
  • Suite 250
  • San Mateo, CA 94404
  • United States
+1 (800) 000-0000

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

PingPong Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC 17-Sep-2020 00000 Completed Generating Revenue
6. Later Stage VC (Series D) 01-Mar-2019 00000 Completed Generating Revenue
5. Later Stage VC (Series C) 20-Sep-2018 00000 00000 000 Completed Generating Revenue
4. Early Stage VC (Series B1) 21-Mar-2018 0000 000.00 Completed Generating Revenue
3. Early Stage VC (Series B) 06-Mar-2017 000.00 Completed Generating Revenue
2. Early Stage VC (Series A) 01-Aug-2016 $20M $22.4M Completed Generating Revenue
1. Seed Round 26-Nov-2015 $2.36M $2.36M Completed Generating Revenue
To view PingPong’s complete valuation and funding history, request access »

PingPong Comparisons

HQ Location
Total Raised
Post Valuation
Operator of an online cross-border payment platform intended to offer tailored payment service. The company's cross-bord
Financial Software
San Mateo, CA
362 As of 2022
0000000000 0 00000


ididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud
000000000 00000000
London, United Kingdom
000 As of 0000
0000000 0000 00000


isi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit i
000000000 00000000
Lindon, UT
00000 0000-00-00
000000&0 00.00
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

PingPong Competitors (43)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
PPRO Private Equity-Backed London, United Kingdom 000 00000 0000000 0000 00000
ProPay Formerly VC-backed Lindon, UT 00.00 000000&0 00.00
Currencycloud Formerly VC-backed London, United Kingdom 000 00000 000000&0 00000
Agility Forex Venture Capital-Backed Vancouver, Canada 00 00.000 0000000000 0 00.000
Bluefin Payment Systems Private Equity-Backed Atlanta, GA 000 000.00 000000&0
You’re viewing 5 of 43 competitors. Get the full list »

PingPong Executive Team (12)

Name Title Board Seat Contact Info
Yu Chen Co-Founder & Co-Chief Executive Officer
David Messenger Co-Chief Executive Officer
Lan Yao Co-Chief Executive Officer
Julia Yao Chief Compliance Officer
Shuai Lu Chief Marketing Officer, Managing Director & Board Member
You’re viewing 5 of 12 executive team members. Get the full list »

PingPong Board Members (2)

Name Representing Role Since
Shuai Lu PingPong Chief Marketing Officer, Managing Director & Board Member 000 0000
You’re viewing 1 of 2 board members. Get the full list »

PingPong Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

PingPong Investors (22)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Ally Capital China Venture Capital Minority 000 0000 000000 0
CITIC Securities Investment Bank Minority 000 0000 000000 0
Coatue Management PE/Buyout Minority 000 0000 000000 0
General Atlantic Growth/Expansion Minority 000 0000 000000 0
IDG Capital Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 22 investors. Get the full list »

PingPong FAQs

  • When was PingPong founded?

    PingPong was founded in 2015.

  • Who is the founder of PingPong?

    Yu Chen and Ning Wang are the founders of PingPong.

  • Who is the CEO of PingPong?

    Yu Chen, David Messenger, and Lan Yao are the CEOs of PingPong.

  • Where is PingPong headquartered?

    PingPong is headquartered in San Mateo, CA.

  • What is the size of PingPong?

    PingPong has 362 total employees.

  • What industry is PingPong in?

    PingPong’s primary industry is Financial Software.

  • Is PingPong a private or public company?

    PingPong is a Private company.

  • What is PingPong’s current revenue?

    The current revenue for PingPong is 00000.

  • How much funding has PingPong raised over time?

    PingPong has raised $164M.

  • Who are PingPong’s investors?

    Ally Capital China, CITIC Securities, Coatue Management, General Atlantic, and IDG Capital are 5 of 22 investors who have invested in PingPong.

  • Who are PingPong’s competitors?

    PPRO, ProPay, Currencycloud, Agility Forex, and Bluefin Payment Systems are some of the 43 competitors of PingPong.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »