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LP profile

CreditEase

Corporate · Founded 2006 · China

58 funds backed Corporate · LP rank #388 · 2 direct holdings · Last investment 7/2019
Funds backed 58
Power Law funds backed 9
Direct holdings 2
Background

Who CreditEase is.

Where the institution came from, whose capital it manages, and how that capital is allocated — from Dealroom's LP research.

Historical Background

  • CreditEase was established in 2006 in Beijing, China, as a financial technology company.
  • Initially focused on peer-to-peer lending, it has since expanded its services to include wealth management, payment technology, marketplace lending, crowdfunding, robo-advisory, and insurance technology.
  • In 2013, the company established its first overseas office in Hong Kong.
  • CreditEase launched Yirendai, a FinTech based P2P lending platform in 2012.

Major Events

  • In March 2019, the CEO of CreditEase, Ning Tang, became the executive director of the China Mergers & Acquisitions Association.

Allocation Strategy

  • The firm invests in early to late-stage companies through its CreditEase FinTech Investment Fund, which was founded in 2016 with $1 billion in committed capital.
  • The fund has a global mandate, with a focus on FinTech and financial services companies in North America, Asia, and Europe.
  • In 2013, CreditEase partnered with IDG Capital to launch the "IDG-CreditEase Financial Innovation Fund," valued at $100 million.
Allocation

How CreditEase’s fund book is spread.

The 58 funds CreditEase backs, by where the manager is headquartered and how many funds that manager has raised.

Where those managers are based

By fund headquarters, across the 56 of 58 with a location on record.

  • Rest of world 5598%
  • North America 12%
  • Europe 00%

China 52 · Brazil 1 · Hong Kong 1 · Malaysia 1

Estimated holdings

CreditEase’s biggest current holdings.

An estimate of CreditEase’s largest live positions — disclosed shareholding × Dealroom’s latest valuation — across 2 companies where CreditEase is a named shareholder, worth about $325M in estimated equity value.

#CompanyEst. stakeValuationEst. value
  1. 1 UpgradeFintech · Unicorn 3% $7.3B $219M
  2. 2 TradeshiftEnterprise Software · Unicorn 8.5% $1.2B $106M

Estimated value = CreditEase’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. CreditEase also appears inside investor groups in Cross River Bank, Souche, where a standalone stake isn’t disclosed. See the underlying cap tables on Dealroom →

Direct investments

The companies CreditEase backs directly.

CreditEase holds 2 companies directly, separate from the funds it commits to as a limited partner.

How those direct holdings break down by headquarters country, sector, entry stage and current growth stage. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.

By countryCount
  1. USA2
By sectorCount
  1. Fintech2
By stage enteredCount
  1. Series A1
  2. Series B+1
By growth stageCount
  1. Late Growth2
Key people

Key people at CreditEase.

Source: Dealroom next-gen API — investor team endpoint.
Figures on this page are sourced live from the Dealroom next-gen API, joined with Dealroom’s cap-table dataset (estimated holdings) and the Power Law Investor Ranking. News in “Featured in” is drawn from Dealroom’s own coverage — the stories that name this investor, not only those it is the subject of. Market sentiment is omitted until the API exposes it.