Icekredit Raises $35 Million With Guochuang Zhongding As Lead-Investor In Series C2 Funding
04/19/21, 9:26 AM
Location
shanghai
Money raised
$35 million
Round Type
series c
Sponsored by Guochuang Zhongding as lead-investor, Oriental Fortune Capital and Ally Capital as co-investor, IceKredit Inc. has recently acquired $35 million in Series C2 funding with CVCapital as the exclusive investment adviser. By the end of 2020, IceKredit has completed Series C1 and Series C2 funding, which completed the round of Series C funding. This funding is going to be used to expand R&D team, merge upstream and downstream flow, and improve the company's ecological construction and business layout.
Company Info
Location
shanghai, shanghai, china
Additional Info
"IceKredit completing two rounds of funding within six months during the COVID-19 pandemic indicates that the tech-driven companies are receiving more attentions that other verticals from the investors." said Lingyun Gu, founder & CEO of IceKredit, "Both primary market and secondary market have realized the great potential and value of companies like IceKredit that are driven by algorithms and technologies as opposed to purely data element driven, making IceKredit stand out among competitions for investors." Relying on the core technology of artificial intelligence, IceKredit provides personal risk management, enterprise risk management, intelligent decision engine, and intelligent customer acquisition. With multiple rounds of financing, IceKredit has been developed from its artificial intelligence applications in the financial industry. IceKredit started from corporate services and has been continuously expanding service boundaries to multiple industries such as medical care, government affairs, and security. IceKredit definitely has a very bright and promising future." IceKredit's has its core competencies after years of hard work and constant improvement, as Xiaoli Huang, co-founder of Ally Capital, said, "IceKredit's AI technologies have been utilized beyond the finance vertical into other industries, helping more and more companies grow with higher returns and lower risks.