Company

Cijinrong

磁金融

Cijinrong (磁金融) is a supply-chain microfinance solutions provider founded and led by Yan Qiang as CEO . The company targets broad supply-chain scenarios for small and micro enterprises, positioning itself around inclusive finance .

Source Code Capital led Cijinrong's 65 million yuan Series A round in March 2017 , and subsequently joined its 120 million yuan Series B in 2018 led by CBC Broadband Capital, alongside existing investors Yunqi Capital and Matrix Partners China . Source Code Capital has repeatedly listed Cijinrong among its fintech portfolio companies .

In its early-stage model, Cijinrong partnered with more than thirty supply-chain platforms for asset-side business, and on the funding side collaborated with banks as well as financial institutions including Wanda Internet Technology Group, JD Finance, and Huabao Trust .

elsewhere's corpus does not cover this subject beyond 2018-2020; the profile above is based on Source Code Capital's reporting from that period.

AI-generated — may contain errors, please verify.

CijinrongCompany
磁金融
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