Bairong Yunchuang (百融云创科技股份有限公司) is Beijing-based fintech company that was established in March 2014.
Bairong bills itself as a leading fintech applications platform, that explores the application of cutting edge technologies such as artificial intelligence, cloud computing and the blockchain to the financial sector.
According to its official website Bairong has obtained 1 billion yuan in a series-C round funding led by China Reform Holdings and Sequoia Capital.
Key customers including big state-owned banks Agricultural Bank of China, ICBC, China Construction Bank, Bank of China, Bank of Communications and the Postal Savings Bank of China, as well as insurers Ping An Group, China Pacific Insurance, China Life and PICC.
Other clients include online lenders WeBank and XYBank.
Basic information
| Name in Chinese | 百融云创科技股份有限公司 |
| Name in English | Bairong Yunchuang Technology Co., Ltd. |
| Industry | Fintech |
| Company type | Share limited company (unlisted, natural person investors or controllers) |
| Date of establishment | 19 March 2014 |
| Registered capital | 82.814387 million yuan |
| Location | Room 76, Floor 5, Courtyard 30, Beijing |
| Phone number | 010-62508065 |
| [email protected] | |
| Official website | http://www.baironginc.com |
| Staff team | 100 – 499 |
| Key personnel |
Zhang Shaofeng (张韶峰), company controller. |
| Number of funding rounds | Series C funding round |
| Total funding sum | |
| Key investors | IDG Capital, Hillhouse Capital, Sequoia, CICC, China Reform Holdings, Union Mobile Financial Technology, Sequoia Capital China, Gaocheng Capital |
Funding record
| No. | Transaction Name | Date | Investors | Sum | Percentage | Valuation | Citation |
| 1 | Series C funding round | 18 April 2018 | China Reform Fund Management, Sequoia Capital China | 1 billion yuan | |||
| 2 | Series B funding round | 1 January 2016 | IDG Capital, Union Mobile Financial Technology, CIC, Hillhouse Capital Group, Gaocheng Capital, Sequoia Capital China | 700 million yuan |