YeepBank.com

About YeepBank.com

YeepBank was a Beijing-based financial technology company founded in 2013 that operated as an asset-backed peer-to-peer (P2P) lending platform. The company provided a marketplace for financial asset trading and advisory services, connecting individual investors with institutions and corporations. It targeted an annualized yield of 8% to 13% for its investors.

The platform's business model was centered on facilitating P2P lending with a claim of having an investor protection fund and charging no management fees. YeepBank was a subsidiary of YeePay, a prominent third-party payment service provider in China that offers payment and financial services across various sectors like cross-border business, retail, and consumer finance. Throughout its active years, YeepBank secured a total of $20 million in funding over two rounds. The first round occurred in December 2013, followed by a Series B round in December 2015 that raised $20 million. Key investors included Beijing Guotai Venture Capital Fund Management, Yeepay, Tianxinyang, and KRC Investment.

According to multiple sources, YeepBank is now a deadpooled company.