E-Life Financial Services Valuation, Funding & Investors

E-Life Financial Services is valued at $1.2B as of December 2016.

Last E-Life Financial Services valuation

$1.2B

Series B · Dec 2016

Last E-Life Financial Services funding round

$275M

Series B · Dec 2016

Cumulative funding E-Life Financial Services raised

$356M

across 2 funding rounds

Key investors in E-Life Financial Services

E-Life Financial Services Overview

About E-Life Financial Services

E-Life Financial Services is a Beijing-headquartered unit of the HNA Group, delivering specialized financial products for the tourism industry since its founding in January 2016. The company offers foreign exchange services at 300 airport counters across China, traveler’s cheques through partnerships with major banks, tax refund processing at duty-free stores, and consumer loans for travel expenses. E-Life operates in conjunction with HNA’s aviation and hospitality arms, serving millions of outbound Chinese tourists annually via mobile apps and on-site kiosks in key tourist hubs like Shanghai Pudong and Guangzhou Baiyun airports.


Founded

2016

HQ

ChinaBeijing

Status

Privately held

Customer focus

B2C

Revenue model

Services

Valuation

$1.2B (Dec 2016)

E-Life Financial Services Valuation

E-Life Financial Services is currently valued at $1.2B, based on its Series B in December 2016.

The $275M round was led by H Capital Advance, with participation from Pacific Securities Co..

E-Life Financial Services' valuation has grown 1.1x from $1B at its Series B in October 2016 to $1.2B in December 2016, across 2 priced rounds.

E-Life Financial Services valuation by funding round

E-Life Financial Services valuation by funding round
DateStageValuation
Dec 2016Series B$1.2B
Oct 2016Series B$1B

E-Life Financial Services Funding History

E-Life Financial Services has raised a total of $356M across 2 funding rounds.

E-Life Financial Services' first fundraising round was a $82M Series B in October 2016. The most recent completed round was a $275M Series B in December 2016.

E-Life Financial Services funding rounds

E-Life Financial Services funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Dec 2016Series BH Capital Advance (lead); Pacific Securities Co.$275M$1.2BE-Life Financial Services is a fintech company that received investments from H Capital Advance, HNA Group, and The Pacific Securities. This aligns with the specified investors including lead H Capital Advance and Pacific Securities Co. The company has a listed valuation of $1,000,000,000 and investments totaling $370,000,000.
Oct 2016Series BHNA Group (lead)$82M$1BE-Life Financial Services received a funding round as a subsidiary of HNA Group, a major Chinese conglomerate. The round boosted E-Life Financial's estimated value to nearly RMB 8 billion, making it China's second single largest financing round that year. The funding was part of HNA Group's broader investment strategy during 2016, a period of significant expansion for the diversified company across aviation, hospitality, tourism, logistics and financial services sectors.

Who has invested in E-Life Financial Services?

3 investors have backed E-Life Financial Services across its funding rounds, including H Capital Advance, HNA Group and Pacific Securities Co..

Lead investors include H Capital Advance and HNA Group.


E-Life Financial Services Investors

Investors in E-Life Financial Services by funding rounds participated
InvestorHQRoundsRoleFirst check
HNA GroupChinaHaikou1LeadOct 2016

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E-Life Financial Services Competitors

E-Life Financial Services competitors include listed companies like Tripadvisor and Upbound, and private ones like LifeMiles, DANA, Imprint and Stori.

Public and private companies comparable to E-Life Financial Services
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
LifeMilesColombiaBogotáPrivate--$1.1B-
DANAIndonesiaJakartaPrivate--$1.1B-
ImprintUnited StatesNew York City, NYPrivate$70M-$1.2B17.1x
StoriMexicoMexico CityPrivate$300M-$1.2B4.0x
TripadvisorUnited StatesUnited StatesPublicly listed$1.9B$160M$1B0.6x
UpboundUnited StatesUnited StatesPublicly listed$4.7B$1.7B$1B0.6x

E-Life Financial Services Public Comps

E-Life Financial Services is still privately-owned, but its public comps include Tripadvisor, Upbound, Arzan Financial Group, Qfin Holdings, LuxExperience, Standard Chartered Bank Kenya, Yixin Group, Voyageurs, Navient and Atlanticus.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Tripadvisor$1.9B$160M0.6x0.6x6.8x4.2x
Upbound$4.7B$1.7B0.6x0.6x1.5x5.2x
Arzan Financial Group$37M-32.4x---
Qfin Holdings$2.4B-0.8x0.8x--
LuxExperience$2.9B($103M)0.4x0.4x(11.3x)47.7x
Standard Chartered Bank Kenya$323M-3.0x---
Yixin Group$1.7B$287M2.9x2.7x17.4x16.2x
Voyageurs$904M$90M0.8x0.8x7.7x8.5x

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Common questions about E-Life Financial Services

When was E-Life Financial Services founded?E-Life Financial Services was founded in 2016.
Where is E-Life Financial Services headquartered?E-Life Financial Services is headquartered in Beijing, China.
Is E-Life Financial Services publicly listed?No, E-Life Financial Services is a private, VC-backed company.
What is E-Life Financial Services' valuation?E-Life Financial Services was last valued at $1.2B in its Series B in December 2016.
How much funding has E-Life Financial Services raised?E-Life Financial Services has raised $356M across 2 funding rounds.
What was E-Life Financial Services' last funding round?E-Life Financial Services' last funding round was a $275M Series B in December 2016, led by H Capital Advance.
Who are E-Life Financial Services' investors?E-Life Financial Services' investors include HNA Group, H Capital Advance and Pacific Securities Co..
Which companies are comparable to E-Life Financial Services?Companies comparable to E-Life Financial Services include LifeMiles, DANA, Imprint, Stori, Tripadvisor and Upbound.

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