Founded in 2009, Waicai is a leading Chinese company providing diversified personal financial services via mobile apps. Wacai began its business with providing a wide range of free online personal financial services apps, including bookkeeping and credit card bills management, from which it has built up a strong brand and accumulated a large number of loyal users. Wacai has built a platform well-positioned to capture considerable future growth in financial services sectors.
Warburg Pincus is a leading global private equity firm focused on thesis-driven growth investing at scale. With more than $62 billion in assets under management, our active portfolio of more than 190 companies is highly diversified by stage, sector and geography. As an experienced partner to outstanding management teams, we help build durable companies with sustainable value. We have raised 19 private equity funds, which have invested more than $79 billion in over 880 companies in more than 40 countries.