Jiangsu Yincheng Network Technology Co., Ltd. Asset Profile

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Year established

2012

Location

Nanjing Jiangsu China

Primary Industry

Financial Services

About

Based in Nanjing, China and established in 2012, Jiangsu Yincheng Network Technology Co., Ltd. is an online supply chain acceptance payment system financing platform. It operates intra-city bill exchange services and bill acceptance services at the platform. The platform connects enterprise bill financing needs directly with banks and financial institution. In 2020, 6.24 million small acceptance bills was completed, and the transaction amount was about 2 trillion yuan, which was a three times increase compared to 2019. The company has raised RMB 500 million in series C funding for platform and technology, market promotion and innovation business. The platform allows users to search for price index, transaction amount, bill needs releasing, needs matching. The staffs are 50% R&D technicians of the total employees. The company has more than 50 patent applications. The platform is supported under AI, block chain, cloud platform and big data technology.

Current Investors

China Lesso Group Holdings Limited, Tangzhu Investment Management, DCM Ventures

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Primary Industry

Financial Services

Sub Industries

e-Financial

Website

www.tcpjw.com

Verticals

Mobile Apps

Company Stage

Series C

Total Amount Raised

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