Lakala is a well-known local financial technology firm that was one of the central banks first third-party payment providers to be licensed.
Lakala Payment is a consumer financial services company in China. It caters to well-known convenience stores, supermarkets, shopping malls, and community groceries. It also offers services for credit card repayment and utility payment transactions. Customers can conduct various financial functions such as payment, repayment, recharging, and transfer-at-home thus reducing the pressure of traffic on bank counters. Lakala was launched in 2005 and is based in Beijing, China.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Mar 3, 2009 | Series C | $25M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Jade Capital | — | Series C |