Kargocard (Shanghai)

KargoCard is the leading prepaid gift card distribution and processing platform in China.

Business Model: B2C

Revenue: $0

Employees: 51-200

Detailed Kargocard (Shanghai) Information

Geographic Data

Kargocard (Shanghai) headquarters map

Address:

City: Shanghai

State: Shanghai

Zip:

Country: China

Financial Info

Stage:

series unknown

Raised Last:

$6M

Raised Total:

$23M

Metrics

4,640,445Website Global Rank

2,135Website Monthly Traffic

Twitter Followers

Description

KargoCard is the leading prepaid gift card distribution and processing platform in China. Over a period of 6 years, KargoCard has developed the platform, network and relationships that have established it as the single largest aggregator of prepaid payment products in China; with real time transaction API&s;s extending into 40+ retail brands. The KargoMall, a physical retail gift card mall launched in 2013, is deployed in over 5,300 convenience stores across 22 cities, making it the largest prepaid payment network in the country. The platform extends its catalog digitally into the leading social networks of China like Mobile QQ and WeChat, reaching over 500 million users. Having established peering relationships with prepaid payment networks in the United States and Europe, KargoCard is able to deliver on every aspect of prepaid payments in China - local, global, mobile and social. The leading brands in China including YiHaoDian, C-Trip, Amazon and VIP Shop have chosen KargoMall to launch distribution of their gift card programs, in most cases through exclusive relationships.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
1/2014 ART-CODING Angel Round 494.6k
1/2014 ART-CODING Angel Round 0
Announced Date Transaction Number of Investors Money Raised Lead Investors
3/2015 Venture Round $0 Cathay Financial Holding
CID Group
Cathay Financial Holding
CID Group
5/2014 Venture Round $0 Cathay Financial Holding
CID Group
InComm
Cathay Financial Holding
CID Group
InComm
3/2012 Venture Round 1 $6.2M CID Group
CID Group
3/2015 Venture Round 2 $6M Cathay Financial Holding
CID Group
Cathay Financial Holding
CID Group
5/2014 Venture Round 3 $10.3M Cathay Financial Holding
CID Group
InComm
Cathay Financial Holding
CID Group
InComm
Announced Date Name Price

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