Qiandaodao.com

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Qiandaodao.com - overview

Established

2015

Location

Beijing, -, China

Primary Industry

Financial Services

About

Qiandaodao. com is a financial technology firm based in Beijing, China, specializing in providing flexible installment payment solutions through its 钱到到分期 app, catering to both consumers and retail partners. Founded in 2015 in Beijing, China, Qiandaodao. com operates as a financial technology firm that focuses on installment payment solutions.


It was established by Zhancheng Qiu, who has a history in the fintech sector. The company has raised a total of CNY 10 million in funding, with its most recent deal taking place on May 15, 2017, led by HMC Venture and involving other investors such as Jinyu Investment and Peeli Ventures. The firm does not have any known subsidiaries or parent companies. 钱到到分期, operated by Beijing Qian Daodao Financial Technology Co.


, Ltd. , specializes in providing installment payment solutions primarily through their 钱到到分期 APP. This platform enables users to manage their purchases through flexible payment plans, allowing consumers to make significant purchases while paying in smaller, more manageable amounts over time. The app caters to a diverse clientele, including individual consumers seeking to finance personal goods, as well as retail partners looking to offer installment options to their customers.


The geographical reach of their services extends primarily within the Chinese market, where consumer demand for alternative financing solutions is growing. The release of their app has positioned them as a key player in the fintech sector, aiming to enhance the purchasing power of users while addressing the challenges associated with traditional payment methods. The revenue model of 钱到到分期 is primarily driven by transaction fees charged on each installment plan initiated through their app. Clients, including both individual consumers and retail partners, engage in a structured transaction process where customers select products to purchase and opt for installment payment options.


The pricing plans associated with these installment services are designed to accommodate various customer needs, facilitating a seamless purchasing experience. Retail partners may also benefit from partnerships, allowing them to integrate the installment service into their sales channels, further enhancing customer engagement and driving sales. While specific pricing details for individual services are not disclosed, the revenue generated from these transactions reflects the volume of purchases facilitated through their platform. In May 2017, Qiandaodao.


com raised CNY 10 million in venture financing to support its growth initiatives. The funding will be focused on expanding the app's functionalities and enhancing user experience. The company is also exploring opportunities to enter new markets, specifically targeting expansion beyond China. Specific timelines and details on new product launches have yet to be disclosed.


Current Investors

K2VC, LexinFintech Holdings, Peeli Ventures

Primary Industry

Financial Services

Sub Industries

e-Financial, Consumer Finance

Website

www.qiandaodao.com

Verticals

Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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