Weidaiwang

Weidaiwang pioneered China's internet finance auto loan platform, officially launched on August 8, 2011, headquartered in the beautiful West Lake side - Hangzhou. Weidaiwang integrates "Internet + Finance + Automobile" to create a standardized, safe, transparent, and honest internet financial information service platform, providing investors with low-risk, high-return investment products, making every penny create value! Provide low-cost, high-efficiency financing services for those in need of funds, making small loans no longer difficult!
With a pioneering and innovative corporate spirit, Weidaiwang has established a standardized model around the four systems of product, risk control, service, and industry self-discipline, and established a lender supervision committee to promote the industry's orderly development. While shortening the spatial-temporal distance of finance, Weidaiwang, relying on a professional, mature, and rigorous risk control system, established a "Principal Protection Plan" and set up a risk reserve fund account. In May 2016, Weidaiwang, through bidding, finally formally reached a bank custody cooperation agreement with a bank, striving to build a compliant and safe internet auto finance information service platform in China.
Weidaiwang has gathered elites from the financial industry, internet industries such as Alibaba, Baidu, Tencent, and nationally renowned sales companies. After completing the "five-year hundred stores" strategy two years ahead of schedule, Weidaiwang is continuing toward the goal of "five-year five hundred stores." As of August 2016, Weidaiwang had opened 300 business departments in 27 provinces and cities nationwide including Beijing, Shanghai, Guangzhou, Sichuan, and Zhejiang, with cumulative transaction amount exceeding 45 billion yuan, and the number of employees growing from more than 10 at the initial stage to more than 10,000.
Weidaiwang's strong development momentum has repeatedly won industry accolades and capital favor. In third-party platform ratings for online lending, Weidaiwang is listed and ranked high, having been shortlisted for the A-level list of the Institute of Finance and Banking of the Chinese Academy of Social Sciences and Forbes China's Top 50 Internet Finance, always holding a leading position in the internet + finance auto loan market share. In addition, Weidaiwang was officially elected as one of the first member units of the China Internet Finance Association, vice-chairman unit of the Zhejiang Internet Finance Alliance, executive president unit of the Hangzhou Internet Finance Association, and chairman unit of the auto loan alliance. Moreover, Weidaiwang completed a 100 million yuan Series A investment from Han Ding You Yu Group and Shengda in 2014, and Series A+ financing from Zhejiang Shang Venture Capital. In 2015, it completed a 150 million yuan Series B financing from Han Ding Co., Ltd. In 2016, it successfully completed a 1 billion yuan Series C financing led by Jia Yu Capital.
While deeply cultivating the auto loan segment market, Weidaiwang launched continuous in-depth exploration in multiple fields such as credit loans, housing mortgage loans, auto consumer finance, and supply chain finance, and successfully launched multiple products including Rongzudai, Weiyirong, Lexiangdai, Cheshangdai, and Fangledai, gradually building a complete product system for the platform and effectively enhancing industry competitiveness.
A nation with dreams is great, and an enterprise with dreams is not far from brilliance. Weidaiwang will continue to dance with the great era as a forward-looking industry pioneer and dream practitioner, accumulating every small and micro force to contribute to inclusive finance!
Weidaiwang, accumulating small steps, driving China!