Yeepay - About the company
Yeepay is a series C company based in Beijing (China), founded in 2003 by Tang Bin. It operates as an online and offline third-party financial payment services. Yeepay has raised $8.5M in funding from DFJ Dragon Fund China and Intel Capital. The company has 133 active competitors, including 23 funded and 19 that have exited. Its top competitors include companies like PayU, Flutterwave and Adyen.
Company Details
YeePay is a Chinese third-party payment service provider and it was founded by Beijing Rongtong Information Technology Corporation. Headquartered in Beijing, China, YeePay also has branch offices in Shanghai, Guangzhou, Shenzhen and Chengdu. As the first company in China to provide a single platform integrating both online and offline electronic payments, YeePay's innovative solution enables consumers and businesses to make and receive payments over the Internet, mobile and telephone. YeePay has formed strategic partnerships with major banks in China. YeePay's customers include leading internet companies and ecommerce websites as well as many merchants in traditional industries, such as Baidu, TOM Online, Shanda, KingSoft, DangDang, eLong, GoMe Electronics and China Unicom. YeePay was recognized as the “Best Payment Platform” by the China eCommerce Association and one of the “Top 50 Innovators” by the China Internet Society.
Key Metrics
Founded Year
2003
Location
Beijing, China
Stage
Series C
Total Funding
$8.5M in 4 rounds
Latest Funding Round
Investors
Ranked
20th among 133 active competitors
Employee Count
328 as on May 31, 2026
Investment & Acquisitions
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Yeepay's funding and investors
Yeepay has raised a total funding of $8.5M over 4 rounds. Its first funding round was on 2005. Its latest funding round was a Series C round on Mar 16, 2015 for $*****. 2 investors participated in its latest round. Yeepay has 12 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Yeepay:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 16, 2015 | 8577374 | Series C | 8259102 | 3857161 | 4274754 | 3456878 |
Jul 01, 2011 | 8932089 | Series B | 1591818 | 2392994 | 8572881 | |
Aug 31, 2006 | 7346438 | Series B | 5681297 | 9884452 |
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Yeepay's founders and board of directors
Founder? Claim ProfileHere are the details of Yeepay's key team members:
- Tang Bin: Co-Founder & Co-CEO of Yeepay.
- Derick L: Co-CEO of Yeepay. Contact Info: 1 email address
View details of Yeepay's Founder profiles and Board Members
Yeepay's employee count trend
Yeepay has 328 employees as of May 26. Here is Yeepay's employee count trend over the years:
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Yeepay's Competitors and alternates
Top competitors of Yeepay include PayU, Flutterwave and Adyen. Here is the list of Top 10 competitors of Yeepay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PayU 2002, Amsterdam (Netherlands), Series C | Provider of online payment solutions and financial services for businesses | $35.1M | 84/100 | |
2nd |  Flutterwave 2016, San Francisco (United States), Series E | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
3rd | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 81/100 | |
4th |  Rapyd 2016, London (United Kingdom), Series F | Provider of financial infrastructure for processing payments and issuing cards | $1.01B | 76/100 | |
5th | ACI Worldwide 1975, Omaha (United States), Public | Process and manage digital payments | - | 74/100 | |
6th | Payment processing solution for consumers, small and micro businesses | $20.6B | 74/100 | ||
7th | Payment processing solution for consumers and businesses | - | - | 66/100 | |
8th | First Data 1971, Atlanta (United States), Acquired | Payments processing service provider | - | 63/100 | |
9th | Financial platform for payment, collection, invoice, and card solutions | - | - | 62/100 | |
10th | Provider of payment processing solutions for merchants and financial institutions | - | 61/100 | ||
20th | online and offline third-party financial payment services | $8.5M | 55/100 |
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Yeepay's Investments and acquisitions
Yeepay has not made any acquisitions yet. Yeepay has made 4 investments.Here is the list of latest three $investments:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Apr 18, 2022 | Investments | - | ||
Jun 20, 2019 | Investments | 2015 | Beijing (China) | |
Jan 2015 | Investments | 2013 | Beijing (China) |
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Reports related to Yeepay
Here is the latest report on Yeepay's sector:
News related to Yeepay
Media has covered Yeepay for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Veem and YeePay Partner to Expand Global Payment Capabilities Between Asia and North AmericaAccess Newswire•Nov 12, 2025•Veem, Yeepay
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SUNRATE partners with YeePay to empower Chinese companies to navigate global expansionPR Newswire•Apr 30, 2024•SUNRATE, Yeepay
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SUNRATE partners with YeePay to empower Chinese companies to navigate global expansionPR Newswire•Apr 30, 2024•SUNRATE, Yeepay
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YeePay Showcases International Business Payment Solutions at ITB Asia 2023GlobeNewswire•Oct 26, 2023•Yeepay
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TA Associates Announces Investment in YeePay | Business WireBusiness Wire•Mar 16, 2015•Yeepay, TA Associates, Far East Ventures
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