New Flow Technology

About New Flow Technology

Based in Suzhou, China, New Flow Technology operates as a big data service provider focused on the financial sector. The company is privately held and backed by venture capital, directing its services towards banks, insurance companies, and other financial institutions. Its business model is structured around a data-as-a-service (DaaS) approach.

The core of New Flow Technology's offering is its DRCP (Data Risk Control Platform), which furnishes financial clients with access to precise data to inform their strategic decisions. The company operates within the Database Software industry, with a specific emphasis on the Big Data and FinTech verticals. By leveraging its platform, clients can enhance their risk control and decision-making processes.

The firm has secured funding through two key rounds. It began with a Seed Round in January 2017, followed by a Series A funding round in January 2018 that raised $18.3 million. A consortium of investors has supported the company's growth, including PICC Property and Casualty Company, Qihoo 360 Technology, SB China Venture Capital, and V-Joy Tech Group.