iQUNXING.COM

About iQUNXING.COM

iQUNXING.COM, registered as Dingcheng (Shanghai) Financial Information Service Co., Ltd., is an internet trading platform that specializes in supply chain finance. Founded on June 8, 2013, the company is based in Shanghai, China. The legal representative is Yao Meng.

The platform serves as a financial services provider for businesses, offering solutions like factoring and operational financing to manage working capital and marketing costs. It connects core enterprises, their suppliers, distributors, and funding providers. For suppliers, it offers accounts receivable financing services, enabling them to receive payment for goods faster. For distributors, it provides procurement advance services, allowing for delayed payment. For core enterprises, the platform helps in creating a more robust and collaborative supply chain. For capital providers, it offers access to a portfolio of small and medium-sized enterprise assets with data-driven risk management. The company primarily operates in sectors such as retail, pharmaceutical distribution, auto parts, IT distribution, apparel, logistics, and manufacturing.

Since its inception, iQUNXING.COM has secured multiple rounds of funding, including a Series C round of $21.8 million on November 23, 2016. Its investors include notable firms such as IDG Capital, Northern Light Venture Capital, China Growth Capital | CGC, Qianhai Fund of Funds, and Ally Capital.