What is Dianrong?
Dianrong operates as a one-stop financial platform, catering to individuals and small to medium-sized enterprises in China. Leveraging industry-leading technology, compliance, and transparency, the company offers a sophisticated and flexible infrastructure for designing and customizing lending and borrowing products. Its core offerings include loan originations, investment products, and marketplace lending solutions, all supported by advanced online risk-management and operation tools. Dianrong's commitment to innovation and market development was recognized with its inclusion in the executive directorship of the National Internet Finance Association of China in 2016.
How much funding has Dianrong raised?
Dianrong has raised a total of $349.1M across 5 funding rounds:
Angel/Seed
$150K
Series A
$12M
Series C
$207M
Series D
$70M
Other Financing Round
$60M
Angel/Seed (2013): $150K with participation from ZJ Capital
Series A (2013): $12M led by Cross Pacific Capital Partners, Northern Light Venture Capital, and FinSight Ventures
Series C (2015): $207M supported by Standard Chartered PLC, TriplePoint Venture Growth BDC, Bohai Leasing Co., Ltd., and China Fintech Fund
Series D (2018): $70M featuring CLSA and ORIX Asia Capital Limited
Other Financing Round (2018): $60M backed by ORIX Corporation
Key Investors in Dianrong
CLSA
CLSA is a capital markets and investment group focused on alternative investment, asset management, corporate finance, and capital markets, serving corporate and institutional clients globally.
ORIX Asia Capital Limited
ORIX offers a broad range of financial services including financing, investment, insurance, and asset management, with a significant presence in Asia.
Northern Light Venture Capital
NLVC is a technology-centric early-stage venture capital firm that supports entrepreneurs in enterprise, healthcare, and consumer sectors, focusing on disruptive potential and digital transformation.
What's next for Dianrong?
The recent major strategic investment signifies Dianrong's ongoing expansion and its capacity to scale operations within the competitive Chinese fintech landscape. This capital infusion is expected to fuel further technological advancements, enhance its product offerings, and potentially broaden its market reach. As a leader in online marketplace lending, Dianrong is well-positioned to capitalize on evolving financial needs, driving innovation and solidifying its role in the digital economy.
See full Dianrong company page
