VFinance

About VFinance

VFinance, operating under the brand of Shanghai Fujie Information Technology Co., Ltd., presents itself as a digital financial technology service provider in China. The company was established in 2013 and successfully secured Series A funding from IDG Capital in the same year. This was followed by a Series A+ round in 2014, with participation from Yunqi Partners and IDG Capital, and a significant Series B investment from Ant Group in 2016.

The firm's core business revolves around delivering digital financial infrastructure and integrated solutions for what it terms "digital business scenario operators." This encompasses two main product categories: scenario-enabling software focused on payment and settlement, and embedded financial services. VFinance's platform is designed to assist businesses in managing capital receipts and payments, account administration, regulatory compliance, and specialized financial services. The ultimate objective is to enhance the efficiency of their clients' middle and back-office operations. The clientele spans multiple industries, including logistics, tourism, real estate, and retail, with a notable number of unicorn and publicly listed companies.

Key offerings include a comprehensive Payment, Clearing & Settlement System. This system provides a unified platform for capital management, account services, and transaction risk control. It aims to solve challenges related to data security, regulatory adherence, and integration with internal financial systems for its corporate clients. By creating customized payment frameworks, VFinance enables enterprises to build their own financial ecosystems. The company's technology team has a track record of managing high-volume transaction systems and has assisted numerous firms in obtaining payment service licenses.

The company's leadership team includes experienced professionals from the technology and finance sectors. The founder, who previously established Weibo Payment's operating company and served as a chief architect at Shanda and 99Bill.com, has a background in developing third-party online payment platforms.