Hanxinfintech

About Hanxinfintech

Shanghai Hanxin Information Technology Co., Ltd., operating as Hanxinfintech and bypay.cn, was established on March 27, 2010. The company is a comprehensive mobile internet financial services group.

Hanxinfintech provides a suite of financial technology services aimed at enabling institutions to leverage mobile payment technologies. Their offerings include payment platform development, big data surveillance, risk management, and credit loan systems. The group's business covers various aspects of internet finance, such as payments, settlements, third-party account hosting, and the research and development of smart terminals. They also engage in O2O merchant marketing, wealth management, personal credit loans (including consumer and auto-secured loans), supply chain finance, and merchant credit based on transaction flow. The company utilizes big data analysis and credit reporting to support its financial services.

The company's legal representative is Wang Yuanjing. Since its inception, Hanxinfintech has gone through several funding rounds, starting with a Series A of several million USD in March 2010 from摯信资本. This was followed by a 30 million RMB Series B in August 2013 from investors including JAFCO Asia and Trustbridge Partners. In May 2015, it secured tens of millions of RMB in a Series C round. Subsequently, it received a strategic investment of 20 million RMB from恺英网络 in June 2017 and an undisclosed equity financing round from a subsidiary of the Heilan Group in August 2019. The most recent financing was a C+ round on March 2, 2023, with the amount not disclosed.