Micro Connect Overview
- Year Founded
-
2021
- Status
-
IPO Registration
- Employees
-
350
- Latest Deal Type
-
IPO
- (Postponed)
- Investors
-
14
Micro Connect General Information
Description
Operator and developer of a new market infrastructure platform designed for connecting global capital with micro and small businesses. The company offers Daily Revenue Obligations (DROs) as a new asset class for direct, providing investors direct and diversified exposure to the daily and transparent cash flows of millions of stores in China's vibrant consumer economy, while making capital more accessible and affordable to business owners, enabling a fund platform, structured product solutions, and a licensed exchange.
Contact Information
Website
www.microconnect.comCorporate Office
- Room 2105-2108, 2 Exchange Square, 8 Connaught Place
- Central
- Hong Kong
- Hong Kong
Corporate Office
- Room 2105-2108, 2 Exchange Square, 8 Connaught Place
- Central
- Hong Kong
- Hong Kong
Micro Connect Timeline
Micro Connect Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. IPO | 22-Dec-2025 | Postponed | Generating Revenue | |||
| 5. Secondary Transaction - Private | 18-Sep-2023 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 02-Aug-2023 | Completed | Generating Revenue | |||
| 3. Debt - General | 14-Dec-2022 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 21-Mar-2022 | $70M | $120M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 01-Nov-2021 | $50M | $50M | Completed | Generating Revenue |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Micro Connect Comparisons
Industry
Financing
Details
Micro Connect Competitors (3)
One of Micro Connect’s 3 competitors is High Templar Tech, a Formerly VC-backed company based in Xiamen, China.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| High Templar Tech | Formerly VC-backed | Xiamen, China | ||||
| Yirendai | Corporation | Beijing, China | ||||
| FinVolution | Formerly VC-backed | Shanghai, China |
Micro Connect Signals
Micro Connect Investors (14)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Cell Rising Capital | Venture Capital | Minority | ||
| Baillie Gifford | Growth/Expansion | Minority | ||
| Jane Street | Corporation | Minority | ||
| Rubix Holdings (Hong Kong) | Venture Capital | Minority | ||
| ABCI Securities | Investment Bank | Minority |
Micro Connect Investments (5)
Micro Connect’s most recent deal was a Later Stage VC with Zhuhui 1+1. The deal was made on 16-Oct-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Zhuhui 1+1 | 16-Oct-2023 | Later Stage VC | Educational and Training Services (B2C) | ||
| JingQiangDiao | 08-Aug-2023 | Early Stage VC | Restaurants and Bars | ||
| Cyber Game Club | 12-Jul-2023 | Later Stage VC | Casinos and Gaming | ||
| RongYueTai | 06-May-2023 | Early Stage VC | Restaurants and Bars | ||
| Etailor (Multimedia and Design Software) | 01-Jan-2022 | Later Stage VC | Multimedia and Design Software |
Micro Connect Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Zhuhui 1+1 | Fuzhou, China | 2010 |
Micro Connect FAQs
-
When was Micro Connect founded?
Micro Connect was founded in 2021.
-
Where is Micro Connect headquartered?
Micro Connect is headquartered in Hong Kong, Hong Kong.
-
What is the size of Micro Connect?
Micro Connect has 350 total employees.
-
What industry is Micro Connect in?
Micro Connect’s primary industry is Specialized Finance.
-
Is Micro Connect a private or public company?
Micro Connect is a Private company.
-
What is Micro Connect’s current revenue?
The current revenue for Micro Connect is .
-
How much funding has Micro Connect raised over time?
Micro Connect has raised $603M.
-
Who are Micro Connect’s investors?
Cell Rising Capital, Baillie Gifford, Jane Street, Rubix Holdings (Hong Kong), and ABCI Securities are 5 of 14 investors who have invested in Micro Connect.
-
Who are Micro Connect’s competitors?
High Templar Tech, Yirendai, and FinVolution are competitors of Micro Connect.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
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