Overview

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Total Equity Funding
$70.2M in 5 Rounds from 8 Investors
Most Recent Funding
Series C on April 3, 2015 / Undisclosed Amount
Headquarters:
Shanghai
Description:
PPDAI is an online platform for peer-to-peer small unsecured loans in China.
Founders:
Categories:
Peer to Peer, Finance, FinTech
Website:
http://www.ppdai.com
Social:

Company Details

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PPDAI is an online platform for peer-to-peer small unsecured loans in China. It builds a safe, high-performance, honest network platform with creative technology and ideals. PPDAI standardizes personal behaviors of debit and credit, and brings returns to both lenders and borrowers.

PPDAI was founded in August 2007 by founders from well known companies.

Funding Rounds (5) - $70.2M

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DateAmount / RoundValuationLead InvestorInvestors
Apr, 2015undisclosed amount / Series C5
Apr, 2014$10M / Series B3
Nov, 2013$35M / Series B1
Oct, 2012$25M / Series A1
Feb, 2008$200k / Angel1

Current Team (6)

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Competitors (4)

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  • 51give.org is an online donation platform providing tools and processing services for charities around China and rest of the world.
  • The first marketplace lender in the U.S, Prosper Marketplace helps people get on top of their finances.
  • Qifang is a Chinese peer-to-peer lending online community focused on student loans.
  • Zopa offers peer-to-peer loans with low rates, flexible terms, and no early repayment fees.

Offices/Locations (1)

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  • HQ

    No. 498, 1st Floor, Building 8

    Pudong New Area, Shanghai Guo Shou Jing Road

    Shanghai,

    CHN

Images (1)

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