When was Yuanbao founded?

Yuanbao was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Yuanbao located?

Yuanbao is headquartered in Beijing, China.

Is Yuanbao a funded company?

Yuanbao is a funded company, having raised a total of $156M across 2 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Sep 12, 2015.

When was the latest funding round of Yuanbao?

Yuanbao's latest funding was a $***** Series C round on May 10, 2021, with participation from 6 investors.

Where does Yuanbao rank among its competitors?

Yuanbao ranks 1st amongst 9 active competitors, of which 4 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Larix, which secured $100K in Sep, 2021.

Who are the top competitors of Yuanbao?

Yuanbao's top competitors include Weidai, Lingxianlicai and Haoshouyi. Among them, Larix secured the most recent funding round in September, 2021.

Yuanbao - 2026 Company Profile, Team, Funding & Competitors

Company Details

Yuanbao is an online digital currency as a collateral-based P2P lending platform. It provides users with small loans which are backed using various digital currencies such as Bitcoin, Litecoin, and more. It enables lenders to provide loans where the collateral can be made liquid easily in case the borrower defaults.

Key Metrics

Founded Year

2014

Location

Beijing, China

Stage

Series C

Total Funding

$156M in 2 rounds

Latest Funding Round

Series C, May 10, 2021, $*****

Investors

Source Code Capital & 6 more

Ranked

1^st among 9 active competitors

Similar Companies

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View Yuanbao's full profile

Yuanbao has raised a total funding of $156M over 2 rounds. Its first funding round was on Sep 12, 2015. Its latest funding round was a Series C round on May 10, 2021 for $*****. 6 investors participated in its latest round. Yuanbao has 7 institutional investors.

Here is the list of recent funding rounds of Yuanbao:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 10, 2021	3306674	Series C	5907568	2364702	1692492	9742479
Sep 12, 2015	4877324	Angel	9758176	2198816	2358874	Cherubic Ventures

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View details of Yuanbao's funding rounds and investors

The founders of Yuanbao is Danny Deng.

Here are the details of Yuanbao's key team members:

Danny Deng: Former Founder & CEO of Yuanbao.

View details of Yuanbao's Founder profiles and Board Members

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Top competitors of Yuanbao include Weidai, Lingxianlicai and Haoshouyi. Here is the list of Top 10 competitors of Yuanbao, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Yuanbao 2014, Beijing (China), Series C	Online digital currency as a collateral-based P2P lending platform	$156M	SIG, NLVC & 5 others	57/100
2nd	Weidai 2011, Hangzhou (China), Public	P2P Lending platform in China	$192M	Vision Knight Capital, Shanda & 3 others	43/100
3rd	Lingxianlicai 2014, Shenzhen (China), Series B	Online based P2P lending company focused towards mortgage in agriculture sector	$1.65M	K2VC, JiuFu & 3 others	28/100
4th	Haoshouyi 2014, Haidian (China), Series A	Asset-backed loan marketplace	-	-	26/100
5th	Channels.Finance 2020, Liuzhou (China), Funding Raised	Decentralized platform for crypto-backed loans	-	Krypital Group	22/100
6th	STLC 2015, Hangzhou (China), Deadpooled	Online investment platform for consumers	$9.21M	Tianshi Capital	21/100
7th	Woshidai 2013, Nanjing (China), Deadpooled	P2P loans against automobiles	$7.8M	Beijing Ultrapower Software	20/100
8th	Jiurong 2014, Wuhan (China), Series A	Platform for borrowers and investors which enable information exchange	$7.5M	Tian Ge	20/100
9th	Larix 2021, Liuzhou (China), Funding Raised	Online peer-to-peer lending platform for NFT supports	-	Cipholio, IPC	18/100
10th	LendaBit 2018, Hong Kong (China), Deadpooled	Blockchain-based P2P lending platform	-	-	18/100