V Credit
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V Credit - overview
Established
2008
Location
Shanghai, Shanghai, China
Primary Industry
Financial Services
About
Established in 2008 and based in Shanghai, China, V Credit is an e-financial platform that offers micro-lending and financial services for individual and businesses. The company's main business is to operate as a fintech platform, providing AI-driven risk assessment and intelligent credit decision solutions to licensed financial institutions. The company's self-developed products include Weiqiandai (unsecured small loans), Weichedai (auto financing), and Weizhi Risk Engine (a proprietary system that combines big data analysis, automatic underwriting, and anti-fraud algorithms). Its products are used in the consumer finance sector.
The company generates revenue by charging partner institutions technology service fees, earning commissions from loan product distribution, and monetizing its SaaS-based risk management platform through a subscription model.
Current Investors
TPG, NewMargin Ventures, GRE Investment Advisors
Primary Industry
Financial Services
Sub Industries
Consumer Finance, Credit Collections & Services, e-Financial
Website
www.vcredit.com
Verticals
FinTech, Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only
V Credit - timeline of key events
V Credit - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue (USD) | 2,706,382,000 | 2,225,401,000 | - | - | - |
| % Revenue Growth (YoY) | - | (17.8%) | - | - | - |
| EBITDA (USD) | 371,735,000 | 133,065,000 | - | - | - |
| Operating Income (USD) | 347,400,000 | 101,635,000 | - | - | - |
| Operating Margin | 12.8% | 4.6% | - | - | - |
| % EBITDA Margin | 13.7% | 6.0% | - | - | - |
| NET Income (USD) | (1,003,133,000) | (1,026,953,000) | - | - | - |
| % Net Margin | (37.1%) | (46.1%) | - | - | - |
V Credit - employee data
V Credit - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chief Operating Officer & Executive Director | BM | ||||||
| Chief Executive Officer & Executive Director | BM |
BM Board Member
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