Zhirong Group
智融集团
Zhirong Group is the rebranded parent company of Yongqianbao, a Chinese fintech platform focused on AI-driven consumer lending. In March 2017, Yongqianbao founder and CEO Jiao Ke announced the brand upgrade to Zhirong Group, with "Zhirong" derived from the mission "让每个人享受智慧的金融" (let everyone enjoy intelligent finance) . The group operates three main business lines: the Yongqianbao mobile app offering personalized credit products, an AI-powered risk control system called I.C.E., and "Huicheng Bangbang," a credit process management platform . At the time of the rebrand, Yongqianbao had surpassed 10 million registered users and achieved over 1.2 million monthly transactions, with Source Code Capital as a key backer having invested across multiple rounds . Jiao Ke, described as a post-1980s entrepreneur, led the company with CTO Qi Peng overseeing the technical infrastructure . The company's positioning centered on expanding financial access to borrowers underserved by traditional banking, using machine learning for risk pricing . elsewhere's corpus does not cover developments after 2017.
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【Ma Hui Journal】A place to record the small steps forward, share the joy of growth, and look toward an even brighter future.
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【Source Code Capital Journal】Here we record our teammates' step-by-step progress, share the joy of growth, and look forward to an even brighter future.
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**Source Code Capital Chronicles** — recording the small steps forward of our community members, sharing the joy of growth, and looking forward to an even brighter future.
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**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.
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**Source Code Capital Chronicle** — documenting the small steps of progress among our community, sharing the joy of growth, and looking forward to an even brighter future.
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Leading new-finance companies include: Qudian, Yongqianbao, INK Group, Suishou, Nongfenqi, Cijinrong, and Ether Capital.
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**Source Code Capital Chronicle**: A place to record our team's small steps forward, share the joy of growth, and look toward an even brighter future.
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At Source Code Capital's 2017 Ma Hui event, INK Group president Enmin Lin, Yijiupi CEO Wang Chaocheng, Zhirong Group CEO Jiao Ke, and Sales Crown Network Technology Co., Ltd. CEO Huang Weixin — all representing entrepreneurs — shared their hard-won lessons and reflections from the trenches of building companies, drawn from their own struggles and missteps along the way.
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Yongqianbao Announces Completion of 466 Million Yuan Series C Funding Round, Source Code Capital Follows On
On March 28, Yongqianbao announced the completion of its Series C funding round, with Source Code Capital participating as a follow-on investor.
