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Magnet Finance
company
About
Leader in the field of small and micro business loans and personal business loans in China.
- 11 - 50
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- ¥120M
- Industries
- Financial Services,FinTech,Small and Medium Businesses
- Founded date
- Sep 1, 2015
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Magnet Finance is aimed to provide whole-process inclusive financial assets and micro-finance solutions. It employs superb risk management tools and systematic credit technology to help financial institutions and supply chain platforms establish risk solutions in areas including customer acquisition, due diligence, risk evaluation, post loan management, and bad assets recovery.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
¥120M
Magnet Finance has raised a total of
¥120M
in funding over 2 rounds. Their latest funding was raised on
Oct 24, 2018 from a Series B round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Oct 24, 2018 | Series B | ¥120M | 1 | — | — | Detail |
Investments
Number of Investments
Number of Lead Investments
1
0
Magnet Finance has made 1 investments. Their most recent investment was on
Jan 1, 2021, when Peggy raised 0.
Investors
Number of Lead Investors
Number of Investors
—
1
Magnet Finance is funded by 1 investors.
InnoVen Capital
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
InnoVen Capital
|
— | Series B |
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