Dadao Financial

About Dadao Financial

Shenzhen Qianhai Dadao Financial Services, operating under the brand Dadao Financial (ddjf.com), was established in 2015 as a specialized financial services platform focused on China's real estate sector. The company was founded by a management team under the leadership of Mr. Liu Bo, a recognized expert in the personal credit industry. Before founding Dadao Financial, Mr. Liu served as the retail director for Ping An Bank's head office, where he and his team garnered significant experience in managing mortgage and unsecured loan portfolios valued in the hundreds of billions. Their achievements include receiving the "Best Personal Credit Award in China" from The Asian Banker in 2008, a testament to their deep expertise in the field. This extensive background in personal lending and risk management within the Chinese banking sector provided the foundational expertise for Dadao Financial's business model.

The firm operates primarily in the financial software and services industry, targeting the second-hand property transaction market. Its core business revolves around mitigating the complexities and risks associated with real estate financing. Dadao Financial offers a platform that provides two main products designed to streamline property transactions for individual clients. The first, named "Jiaoyibao," is a real estate insurance product that guarantees the safety of assets during the transaction process. The second, "Jishidai," is a fast mortgage loan service, enabling users to secure financing in as little as three days. The company's revenue is generated by providing these financial products and comprehensive service solutions to both individual customers and partner institutions, which include several large and medium-sized banks and insurance companies.

Since its inception, Dadao Financial has secured significant backing from prominent investors. The company received an initial angel investment from Dashu Financial and subsequently completed a Series A funding round in December 2015, led by Hongshan Capital Group (formerly Sequoia Capital China) with participation from PAG. In March 2017, it raised a further $29 million in a Series B round, with investors including China Renaissance, Hongshan Capital Group, PAG, and Tricor Group. Headquartered in Shenzhen, the company has expanded its operations to major first and second-tier cities across China, including Guangzhou, Shanghai, Nanjing, and others, with plans for continued nationwide expansion.