# Magnet Finance funding: rounds and investors

> Magnet Finance has raised $17M across 1 round since 2018. Investors include Matrix Partners China, Source Code Capital and Yunqi Partners.

Source: https://millionrounds.com/company/magnet-finance (Millionrounds; every figure on the page links to its filing or article)

[Series B startup](https://millionrounds.com/companies)

# Who invested in *Magnet Finance*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

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Financial Services

Funding summary Updated 27 Oct 2026

**$17M** raised across 1 round since 2018, from 1 source

- **Latest round:** Series B, $17M Oct 2018
- **Investors:** 4

See who backed them

## The rounds

- **Oct 2018** Series B **$17M** [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) [Source Code Capital](https://millionrounds.com/fund/source-code-capital) [Yunqi Partners](https://millionrounds.com/fund/yunqi-partners) [InnoVen Capital](https://millionrounds.com/fund/innoven-capital-india) Source recorded

## Everyone who backed them

[Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) VC firm **1** round

[Source Code Capital](https://millionrounds.com/fund/source-code-capital) VC firm **1** round

[Yunqi Partners](https://millionrounds.com/fund/yunqi-partners) VC firm **1** round

[InnoVen Capital](https://millionrounds.com/fund/innoven-capital-india) Venture debt **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=magnet-finance).

## Quick answers about Magnet Finance

### Who invested in Magnet Finance?

Magnet Finance's investors include Matrix Partners China, Source Code Capital, Yunqi Partners and InnoVen Capital.

### How much has Magnet Finance raised?

Magnet Finance has raised $17M across 1 round since 2018.

### When did Magnet Finance last raise?

Magnet Finance's most recent round was a Series B of $17M in Oct 2018.

### What was Magnet Finance's biggest round?

Its most recent round, $17M in Oct 2018, is also its largest on record.

### Who backed Magnet Finance first?

Magnet Finance's first round on record, in Oct 2018, was backed by Matrix Partners China, Source Code Capital and Yunqi Partners and 1 others.

### What stage is Magnet Finance at?

Magnet Finance's latest named round is a Series B, in Oct 2018.

## Companies like Magnet Finance

In the same sector, and raised in the last eighteen months.

[**Matters** $5.0M · Oct 2026](https://millionrounds.com/company/matters)[**Ecofy** $41M · Mar 2026](https://millionrounds.com/company/ecofy)[**Credilio** $3.2M · Mar 2026](https://millionrounds.com/company/credilio)[**Muhlah** $7.5M · Mar 2026](https://millionrounds.com/company/muhlah)[**Complyance** $20M · Feb 2026](https://millionrounds.com/company/complyance)[**Care.Fi** $5.0M · Feb 2026](https://millionrounds.com/company/care-fi)

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