About bsb
bsb is a Beijing-based provider of consumer financial services through its platform Baoyin Xiaofei. The company facilitates personal loans, credit products, and installment financing for everyday purchases in China. Operating under regulatory oversight from the China Banking and Insurance Regulatory Commission, bsb partners with e-commerce sites and retailers to offer quick approval processes and flexible repayment terms. Its services target urban millennials seeking unsecured consumer credit amid China's expanding digital lending market.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Valuation
$2.9B (Nov 2021)
Sectors
bsb Valuation
bsb is currently valued at $2.9B, based on its undisclosed-stage round in November 2021.
The $35M round was led by Mengshang Bank.
bsb valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Nov 2021 | Undisclosed stage | $2.9B |
bsb Funding History
bsb has raised a total of $64M across 2 funding rounds.
bsb's first fundraising round was a $29M undisclosed-stage round in June 2019. The most recent completed round was a $35M undisclosed-stage round in November 2021.
bsb funding rounds
| Date | Stage | Investors | Raised | Valuation |
|---|---|---|---|---|
| Nov 2021 | Undisclosed stage | Mengshang Bank (lead) | $35M | $2.9B |
| Jun 2019 | Undisclosed stage | $29M | - |
Who has invested in bsb?
2 investors have backed bsb across its funding rounds, including Weibo and Mengshang Bank.
Lead investors include Mengshang Bank.
bsb Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free Trialbsb Competitors
bsb competitors include listed companies like Krungthai Card, PNB Housing Finance, LIC Housing Finance and Capri Global Capital, and private ones like Lexin and DMI Finance.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $2.9B | - | ||
| Publicly listed | $659M | - | $2.9B | 3.5x | ||
| Private | - | - | $3B | - | ||
| Publicly listed | $377M | - | $3B | 12.2x | ||
| Publicly listed | $891M | - | $3.1B | 32.8x | ||
| Publicly listed | $491M | $144M | $2.6B | 12.4x |
bsb Public Comps
bsb is still privately-owned, but its public comps include Krungthai Card, PNB Housing Finance, LIC Housing Finance, Capri Global Capital, North Pacific Bank, San-in Godo Bank, Gentera, Upstart, Samsung Card and CreditAccess Grameen.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $659M | - | 4.3x | 3.5x | - | - | |||
| $377M | - | 22.0x | 12.2x | - | - | |||
| $891M | - | 34.5x | 32.8x | - | - | |||
| $491M | $144M | 9.8x | 12.4x | 33.3x | - | |||
| $1.3B | - | 2.5x | 2.2x | - | - | |||
| $787M | - | 3.2x | 2.4x | - | - | |||
| $2.8B | - | 1.6x | 1.5x | - | - | |||
| $1B | $230M | 3.9x | 3.0x | 17.4x | 14.5x | |||
This data is available for Pro users. Sign up to see all bsb competitors and their valuation data. Start Free Trial | ||||||||
Common questions about bsb
| When was bsb founded? | bsb was founded in 2016. |
| Where is bsb headquartered? | bsb is headquartered in Baotou, China. |
| Is bsb publicly listed? | No, bsb is a private, VC-backed company. |
| What is bsb's valuation? | bsb was last valued at $2.9B in its undisclosed-stage round in November 2021. |
| How much funding has bsb raised? | bsb has raised $64M across 2 funding rounds. |
| What was bsb's last funding round? | bsb's last funding round was a $35M undisclosed-stage round in November 2021, led by Mengshang Bank. |
| Who are bsb's investors? | bsb's investors include Weibo and Mengshang Bank. |
| Which companies are comparable to bsb? | Companies comparable to bsb include Lexin, Krungthai Card, DMI Finance, PNB Housing Finance, LIC Housing Finance and Capri Global Capital. |
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