
Kaitong
Enterprise fintech solutions for financial asset issuance.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
$4.5m | Series A | ||
Total Funding | 000k |
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Kaitong Financial Information Services (Beijing) Co., Ltd. is an enterprise-level financial technology service provider established on February 25, 2015. The company was jointly initiated by Renrendai and China United SME Guarantee Corporation and is a professional financial information service institution approved by the Beijing Municipal Financial Work Bureau. Kaitong focuses on providing comprehensive technical support and solutions for the issuance of financial assets through internet platforms.
The company has developed several service platforms, including Kaitong PANO, Kaitong LODE (a micro-loan cloud), and Kaitong BATON (a cloud map), to facilitate internet-based financial transactions. The firm caters to financial institutions, offering them the technological infrastructure required for online asset distribution. Its business model is centered on delivering these specialized fintech services.
The founding team includes Li Xinhe, who serves as CEO and is also a founding partner of Renrendai, having previously worked at Deutsche Bank's direct investment department. Co-founder Li Jiang, a Tsinghua University alumnus, was formerly the Vice President at Renrendai. Another co-founder and Vice President, Luo Jing, has a background with the National Association of Financial Market Institutional Investors and holds master's degrees from Peking University and the University of Hong Kong. In February 2017, Kaitong secured 30 million RMB in a Series A funding round led by SoftBank China Capital.
Keywords: financial technology, fintech, asset issuance platform, enterprise financial services, internet finance, technical support solutions, financial information services, B2B fintech, Beijing, Renrendai, SoftBank China Capital, Li Xinhe, PANO, LODE, micro-loan cloud, asset distribution