100Credit (百融金服)

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    100Credit (百融金融信息服务股份有限公司) is a Chinese fintech company that was established in March 2014 and is headquartered in Beijing’s Zhongguancun technology hub.

    100Credit is an unlisted share-controlled company with registered capital of 82.814387 million yuan.

    Its founder, chairman and CEO is Felix Zhang Shaofeng (张韶峰), who holds a masters degree in electrical engineering automation from Tsinghua University.

    In addition to its Beijing headquarters 100Credit also has branches in cities including Shanghai, Shenzhen and Wuhan.

    According to its official website 100Credit “uses artificial intelligence, risk control clouds and big data technology to provide the financial sector with customer life-cycle management products and services.”

    100Credit has provided service and products including sales, customer canvasing, risk control and management of non-performing assets to around 300 banks including ICBC, China Construction Bank, Bank of China, Bank of Communications, Postal Savings Bank of China, China Merchants Bank, China Everbright Bank, Shanghai Pudong Development Bank, Industrial Bank Co., China Guangfa Bank, Bohai Bank, Bank of Shanghai, Bank of Jiangsu and XW Bank.

    The company has also provided its services to more than 3500 other financial institutions, internet companies and consumer finance firms, including Baidu, JD.com and WeShare, Home Credit (捷信), Bank of China Consumer Finance, Jinshang Consumer Finance, Haier Consumer Finance and Suning Consumer Finance.

    In the sphere of insurance, 100Credit has cooperated with the People’s Insurance Company of China,  China Life Insurance Company, China Pacific Insurance Company, New China Life Insurance and China United Insurance Holdings on sales, customer canvassing and product design.

    Funding

    100Credit has raised 1.7 billion yuan in funds via two financing rounds. Its latest funding was a Series C round completed on 18 April 2018.

    Key investors include China Reform Fund Management, Sequoia Capital China, IDG Capital, Union Mobile Financial Technology, CICC, Hillhouse Capital Group and Sequoia Capital China.

    Corporate culture

    Credit100’s corporate vision is to “bring finance to the masses,” while its corporate mission is to “become a keystone of the financial sector.”

    Its values include “cohesion, pragmatism, openness, trustworthiness and innovation.”