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.
Coverage
Let's meet today — I'll be waiting for you at the Shenzhen office!
Source Code Capital's Shenzhen office is now officially open, embedding itself at the cutting edge of South China's tech innovation and riding the new wave of smart manufacturing!
Source Code Capital announced that Wei Wang has officially joined as a partner.
After joining, Wang Wei will support Source Code Capital's portfolio companies on capital markets matters, drawing on his years of experience to empower companies with capital markets development needs.
Source Code Capital Closes RMB 3.8 Billion for Fourth RMB Fund
Late-stage investment, qualitative transformation, organizational capability
Source Code Capital Wins Multiple Awards in Zero2IPO's 2020 China Equity Investment Annual Rankings
Create Lasting, Real Value
Financial Opportunities in Industrial Internet | Code Brain Issue 13
The industrial internet is entering its "golden age," bringing new opportunities for financial empowerment and entrepreneurship.
Forbes Releases Major Rankings, Source Code Capital's Yi Cao and Yungang Huang Make the List
Create lasting, real value.
Inclusive Finance in the New Economic Landscape | Code Brain Episode 11
As a complement to traditional finance, inclusive finance sits at one end of the capital chain, bearing immense liquidity pressure from shifts in policy and market conditions; yet it also sits closest to micro and small-business customers, giving it the fastest path to spotting new scenarios and finding market opportunities.
Source Code Capital Closes $570 Million New Fund
Create lasting, real value
Yi Cao of Source Code Capital Named to 2019 Forbes Midas List
Create Lasting, Real Value
A Solid Finish to 2018, Continued Patient Growth in 2019 | Code Meet Journal · December
"Ma Hui Journal" chronicles the small steps forward of our community members, shares the joy of growth, and looks toward an even brighter future.
Niu Technologies IPO Lands on Nasdaq; 3 Companies Close Funding Rounds; Code Brain Issue 8 Mines India | Code Brain Newsletter · October
【Source Code Capital Newsletter】Here we record the small steps forward taken by our team members, share the joy of growth, and look forward to an even brighter future.
4 Companies Close Funding Rounds, 7 Firms Undergo Strategic Upgrades: Code Brain Issue 7 Breaks Down WeChat Ecosystem and Mini Program User Acquisition | CodeHui Journal · August
【Ma Hui Journal】A place to record the small steps forward of our community members, share the joy of growth, and look toward an even brighter future.
Asset360 Closes New Funding Round; Existing Investor Source Code Capital Continues to Increase Stake
End-to-end, one-stop services covering the full lending lifecycle — from pre-loan origination and mid-loan management through post-loan collection and resolution.
Hai Feng Education Raises Tens of Millions of Dollars in Series C Funding from TAL Education Group and Source Code Capital
Following its Series B round in July 2017, this marks the second round of funding Hai Feng Education secured within six months.
Ma Hui: Entrepreneurs' 2017 and 2018
The Founder's New Year's Intellectual Marathon
Source Code Capital 2017: The Year of Establishing Our Footing
Never Settle
Source Code Capital Named Among Top 30 B2B Investment Firms in China for 2017
Top 30 B2B Investment Firms in China 2017
3 Companies Secure Additional Funding, 1 Lists on NYSE, 6 B2B Firms Win Multiple Awards | Source Code Capital Monthly · October
**Ma Hui Journal:** A place to record the small steps forward of our community members, share in the joy of growth, and look toward an even brighter future.
Zhangshang Fucai Raises RMB 20 Million Angel Round from Source Code Capital and Buhuo Ventures
Zhangshang Fucai is, in simple terms, the JD.com of the renovation materials space.
Source Code Capital Portfolio Company Qudian Successfully Lists on the New York Stock Exchange | Live Photo Report
China's leading fintech company Qudian Inc. (NYSE: QD) listed on the New York Stock Exchange in the United States.
Source Code Capital Wins Three Awards Including Top Investment Institution and Investor in China's New Finance Sector
Leading new-finance companies include: Qudian, Yongqianbao, INK Group, Suishou, Nongfenqi, Cijinrong, and Ether Capital.
CB Insights Global Fintech 250: Four Source Code Capital Portfolio Companies Make the List
CB Insights, a United States-based venture capital research firm, released its 2017 global Fintech 250 list, with four companies from Source Code Capital's portfolio making the cut.
Source Code Capital Announces Successful Close of Fund III to Help Tech Companies Create Lasting, Real Value
Source Code Capital founder Yi Cao announced at today's "Ma Hui" opening ceremony that the firm has completed the final closing of its third USD fund at $260 million and the first closing of its third RMB fund at 1.5 billion yuan.
Hongjiang Zhang Joins Source Code Capital as Venture Partner
Source Code Capital announced today that Hongjiang Zhang, former CTO of Microsoft Asia-Pacific R&D Group, former president of Microsoft Asia Engineering Institute, and former CEO of Kingsoft, has joined the firm as a Venture Partner.
Cijinrong Announces Completion of 65 Million Yuan Series A Funding Round Led by Source Code Capital
Cijinrong has raised RMB 65 million in its Series A funding round, led by Source Code Capital, with Matrix Partners China and Yunqi Capital — both investors from its angel round — participating. The proceeds will be used primarily for team expansion, employee training, and product and technology refinement.
Yi Cao: Inclusive Finance Enters an Era Where "Internet Plus" and "AI Plus" Work in Tandem
"New finance" is an even bigger opportunity than social media, search, e-commerce, O2O, and what came before.
