Wecash Overview
- Year Founded
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2013
- Status
-
Private
- Employees
-
552
- Latest Deal Type
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2ndary - Private
- Investors
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11
Wecash General Information
Description
Developer of a credit assessment platform designed to provide automated risk control and reporting. The company's technology utilizes big data analytics, machine learning algorithms, automated risk control, a product matching engine, data mining, and smart chips, enabling financial institutions to secure customer data and reduce acquisition costs.
Contact Information
Website
www.wecashgroup.comCorporate Office
- Room 363, 8th Floor, Building 7
- Number 30, Shixing Street, Shijingshan District
- Beijing, 100000
- China
Corporate Office
- Room 363, 8th Floor, Building 7
- Number 30, Shixing Street, Shijingshan District
- Beijing, 100000
- China
Wecash Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Secondary Transaction - Private | 16-Oct-2024 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series D) | 02-Mar-2018 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 05-Apr-2017 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 12-Jan-2016 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 01-Feb-2015 | $20M | $30M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 01-Jul-2014 | $10M | $10M | Completed | Generating Revenue |
Wecash Comparisons
Industry
Financing
Details
Wecash Competitors (51)
One of Wecash’s 51 competitors is Yapily, a Venture Capital-Backed company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Yapily | Venture Capital-Backed | London, United Kingdom | ||||
| SaltEdge | Corporation | Ottawa, Canada | ||||
| MX | Venture Capital-Backed | Lehi, UT | ||||
| BankiFi | Venture Capital-Backed | Manchester, United Kingdom | ||||
| Musoni System | Formerly VC-backed | Houten, Netherlands |
Wecash Signals
Wecash Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ORIX Asia Capital | Asset Manager | Minority | ||
| Sagamore | PE/Buyout | Minority | ||
| SEA Group (Holding Companies) | Corporation | Minority | ||
| Beijing Dongfang Hongdao Asset Management | Growth/Expansion | Minority | ||
| China Merchants Innovation Investment Management | Corporate Venture Capital | Minority |
Wecash Investments (7)
Wecash’s most recent deal was a Early Stage VC with Huibanma for . The deal was made on 09-Jul-2019.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Huibanma | 09-Jul-2019 | Early Stage VC | Movies, Music and Entertainment | ||
| SpaceBox | 06-Dec-2018 | Early Stage VC | Hotels and Resorts | ||
| AgrPal | 23-Aug-2018 | Early Stage VC | Specialized Finance | ||
| ChaShu YuQing | 07-May-2018 | Early Stage VC | Hotels and Resorts | ||
| HashWorld | 12-Mar-2018 | Early Stage VC | Entertainment Software |
Wecash FAQs
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When was Wecash founded?
Wecash was founded in 2013.
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Where is Wecash headquartered?
Wecash is headquartered in Beijing, China.
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What is the size of Wecash?
Wecash has 552 total employees.
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What industry is Wecash in?
Wecash’s primary industry is Financial Software.
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Is Wecash a private or public company?
Wecash is a Private company.
-
What is Wecash’s current revenue?
The current revenue for Wecash is .
-
How much funding has Wecash raised over time?
Wecash has raised $270M.
-
Who are Wecash’s investors?
ORIX Asia Capital, Sagamore, SEA Group (Holding Companies), Beijing Dongfang Hongdao Asset Management, and China Merchants Innovation Investment Management are 5 of 11 investors who have invested in Wecash.
-
Who are Wecash’s competitors?
Yapily, SaltEdge, MX, BankiFi, and Musoni System are some of the 51 competitors of Wecash.
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