LP profile

CreditEase

Venture capitalLimited partner

Corporate · Founded 2006 · China

#5,152 LP Ranking #1,255 of 2,577 corporate and insurance LPs

Website ↗X / Twitter ↗

58 VC firms backed

01 · Background

Who CreditEase is.

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.

Sources

02 · Fund commitments

The funds CreditEase backs.

CreditEase is a limited partner in 58 funds. 9 of them place in the Power Law Investor Ranking; those lead, best-ranked first.

Qiming Venture Partners

Hong Kong

#144 Power Law

Matrix Partners China

3E Bioventures

United States

BioTrack Capital

China

Buhuo Ventures

China

Capital Nuts Investment Management

China

CD Capital

China

Cyanhill Capital

Greenwoods Investment

03 · 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%

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

04 · Direct investments

The companies CreditEase backs directly.

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

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Fintech · USA

$7.3B valuation Unicorn

Ellevest

Fintech · USA

$212M valuation

05 · Other LPs

Other LPs.

Other corporate and insurance LPs in the Power Law LP ranking, closest to CreditEase by combined power-law score — Asia first, then the nearest worldwide.

Taikang Life Insurance

LP rank #1,082 · China

11 VC funds backed