the evening of January 27th, according to "the Wall Street journal" reported that the Tencent’s Micro public bank will reach $450 million in financing this week, investors including American private equity fund Warburg investment (Warburg Pincus) and Singapore Temasek, Huaxing capital and Bank of America Merrill Lynch for this round of financing to provide advisory services.
After the completion of the
financing, micro public bank’s latest valuation will reach $5 billion 500 million.
in November last year, is also from the "Wall Street journal" reported that "micro public bank’s Tencent is seeking a new round of financing, to expand its financial services business, the size of the financing plan of about $1 billion, the valuation of micro public banks in the current round of financing may reach $5 billion."
these two reports contrast to see, the micro congregation failed to raise the bank to raise $1 billion financing (less than half of the expected), but did get the valuation of more than $5 billion.
as the first opening and get Li Keqiang to personally witness the first loan issued by private banks, is also one of the first batch of 5 private banks, micro public bank has "Premier endorsement" advantage. Tencent holds 30% stake in micro public bank.
simple regression of its history:
December 12, 2014, the China Banking Regulatory Commission approved the Shenzhen Qianhai micro public bank opened.
December 16, 2014, Shenzhen Qianhai micro banking Limited by Share Ltd to complete the work of industrial and commercial registration and obtain a business license.
December 28, 2014, Shenzhen Qianhai micro focus bank Limited by Share Ltd, the official website of the micro public available, becoming the first on-line Internet banking.
January 4, 2015, Li Keqiang in Shenzhen, Qianhai micro public bank knocked down the computer enter key, truck driver Xu Jun got 35 thousand yuan loan. This is the first micro public bank as the first domestic Internet banking to complete the first lending business.
the same as the network bank, the network bank backed by Alibaba is regarded as micro public banks in this field rival. Tiger sniffing has in July 1, 2015 contains a "net, micro public bank business comparison: Tencent and Ali which strong?" article, compare in the background, mode, products and other aspects of the team.
micro public banks have been high hopes, it was forced to undertake the task of traditional banking business innovation. However, the micro public bank is not plain sailing, in September 2015, President Cao Tong announced his resignation, just two months after the resignation of deputy governor Zheng Xinlin, triggering concerns about the prospects of the network bank.
Wall Street informative analysis said that for the micro channel banks and other Internet banking, the biggest constraint is still from the regulatory authorities, which largely limits the scope of such network banking services. For example