Wacai
Curated by SignalPersonal finance ledger and management app and an advisory & distributor platform
About
Wacai started as a personal finance book keeping service and management app and then ventured into a lending marketplace that allows investors to invest in P2P loans. Can link online banking, securities, Alipay account as well as different types of assets and keep a track of their accounts. Borrowers are redirected to Quicken Loans for an automated loan application procedure. Borrowers can apply for a loan for less that 100,000 Renminbi for a term not exceeding 24 months. It also has fund trading features with several funds, insurance companies and banks, enabling users to purchase monetary funds, stock funds and bond funds on the app.
Key facts
- Founded
- 2009
- Headquarters
- Hangzhou, China
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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Contact
- Primary office
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- Phone
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