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Beijing-based fintech firm Qiandaodao.com offers installment payment solutions for consumers and retail partners through its app.
Founded in 2015 in Beijing, China, and established by Zhancheng Qiu, Qiandaodao.com provides installment payment solutions through an app operated by Beijing Qian Daodao Financial Technology Co., Ltd. Consumers use it to pay for purchases in smaller amounts over time, and retail partners can offer installment options to their customers. The company has raised a total of CNY 10 million, most recently in a deal on May 15, 2017 led by HMC Venture, with participation from Jinyu Investment and Peeli Ventures.
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