The Beijing-based startup was the only Chinese firm that appeared in a KPMG report on the world’s top 50 fintech innovators in 2014, according to public data on its official website. Thanks to its strength in data mining and machine learning techniques, credit assessments can be conducted rapidly and accurately. Wecash will provide credit assessments within three minutes once the required data is provided. After being connected to users’ Taobao, JD or other social media accounts for credit certification, the online credit assessment service enables users to obtain various services such as capital borrowing and lending, car and house rental, travel and education after users provide their WeCash credit scoring to relevant agencies.

http://technode.com/2017/04/05/fintech-startup-wecash-bags-us-80m-in-series-c-financing/