Madai Licai
Online wealth management products for retail investors.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | CNY20.0m | Series B | |
| Total Funding | 000k | ||
Madai Licai is an online platform for retail investors to purchase wealth management products. Founded in 2015 and based in Shanghai, China, the company operates as an online-based wealth management provider. It was launched by CITIC Private Equity Funds Management and has a strategic partnership with ChinaTopCredit.
The company's business model focuses on providing retail investors with access to financial products online, aiming for better risk control and the development of more innovative products. Madai Licai operates in the competitive Chinese peer-to-peer (P2P) lending and online finance market. The platform connects investors with wealth management opportunities, differentiating itself through its partnerships and focus on risk management.
In December 2015, Madai Licai secured $65.3 million in a private equity funding round from Tianjin TEDA Technology Investment.
Keywords: wealth management, retail investors, financial products, P2P lending, online investment, personal finance, FinTech, investment platform, risk management, China finance, asset management, CITIC Private Equity, ChinaTopCredit, Shanghai startup, financial technology