My Credit, aka 51 Credit or 51 Credit Card Manager, announced Wednesday that it has secured a $84 million USD C+ round from Harvest Capital and Yintai Group, raising company’s most recent funding to nearly $400 million USD. The news comes just one month after a hefty $310 million USD Series C led by Tiantu […]
Search results
Posted inNews
51 Credit Card Manager Lands US$50M in Series B to Boost Online Business
China’s credit card management app 51 Credit Card Manager announced it has secured US$50 million of Series B financing led by GGV Capital at a valuation of nearly US$300 million. The company had closed a combined US$15 million of Series A and A+ round in 2013 from SIG, Crystal Stream and Meridian Capital China. The angel round was received […]
Posted inNews
51 Credit Card Manager Reportedly Closing Financing Round For Tens of Millions of Dollars
51 Credit Card Manager (our translation) is about to close a new financing round for tens of millions of dollars, according to Sootoo.com (report in Chinese). The company has secured Series A financing from Meridian Capital China in 2012. The report added that funds received by 51 Credit Card Manager will exceed that of Kaniu and […]
Posted inNews
Tech in China 2013: VCs Are Chasing Online Education, Finance, Mobile…
After social, e-commerce, group-buying and the like, venture capitalists have new categories of tech startups to chase in China in 2013. The new are online education, online finance, travel, among others. Mobile, of course, counts. The venture-backed mobile businesses, however, are similar to those proven ones on desktop; for instance, gaming, advertising, solutions for developers or […]
