Copper Street again to be June Lian Capital and other institutions 50 million U.S. dollars investment

September 1, 2014, the fast-growing innovation http://www.aliyun.com/zixun/aggregation/1782.html "> App Coin Street announces a 50 million-dollar investment in leading venture capitalists, including June Lian Capital , from 2013 Copper Street access to the capital, IDG million dollars investment in only a few months. The establishment of only two years has won the favor of leading investment institutions, in the field of innovative Internet finance is rare. Believe that this round of financing will help copper street further open up the distance with peers, building the company in the field of innovative finance is the absolute leading position.

Mobile internet has changed the audience group of financial business, which has been mainly confined to the middle class financial management business into the public domain, engaged in such services, mobile financial innovation services are also favored by the capital. "Copper Street" is an innovative wealth management app, launched on June 11, 2013, based on the Apple mobile financial transactions version, for the domestic first to achieve comprehensive financial transactions of the app, even before the balance treasure. Through the "Copper Street", users can according to their own needs and risk tolerance to choose the right financial products, and on the phone to complete the purchase, revenue inquiries, take the present and other operations. At present, Copper Street financial products include money funds, insurance, factoring products, Peer-to-peer, the four categories, product income is stable, much higher than the bank current savings and various "baby" financial products.

Copper Street founder He Jun said that the current copper street users have more than million, the cumulative transaction has exceeded 5 billion. He will be copper street users in the "neglected by the Bank of individual consumers", the traditional market bank finance 50,000 yuan, the trust product 1 million just started, for the young people in the workplace, financial management seems to be a luxury that can not be expected. However, young users who first entered the workforce, despite their lack of financial strength, are characterized by being able to accept new things and being loyal users of smartphones. : "We think that this part of the consumer has a savings of $ thousands of to $ A hundred thousand of and the financial strength is relatively limited, but there is also a lot of financial needs." Copper Street is doing is to ease the threshold of financial management to 100 yuan to start. ”

In the possession of a large number of users, the accumulation of massive data, copper Street began according to the user launched a "tailor-made" financial products. From the initial Monetary Fund, to the current non-standard products, Copper Street is with more funds, insurance and other financial institutions, from fixed-income Money fund entry, Copper Street has expanded its products to non-standard products, through with more funds, insurance companies and banks and other institutions, To provide customers with a relatively higher risk and income management products.

This investment "Copper Street" venture capital background is strong, June Lian Capital predecessor is Lenovo Investment, namely Lenovo Holdings of professional venture capital company. At present, the Royal Joint capital of the total management of six U.S. dollar funds, two yuan funds, the size of the total amount of more than 16 billion yuan, up to 3721.html ">2014 year July, the Royal Joint Capital Injection enterprises more than 200, of which 27 in the United States, NYSE, NASDAQ, Hong Kong Stock Exchange, Taiwan's Cabinet Buying Center, SSE, Shenzhen and GEM board listing, another 14 companies through mergers and acquisitions way to achieve exit. "Etheric Capital" is the sole financial advisor to the current round of Copper street financing.