# Wecash funding: rounds and investors > Wecash has raised $267M across 5 rounds since 2014. Investors include Forebright Capital, China Merchants Capital and IDG. Every round with its source. Source: https://millionrounds.com/company/wecash (Millionrounds; every figure on the page links to its filing or article) China · [Series D startup](https://millionrounds.com/companies) # Who invested in *Wecash* 5 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Fintech Funding summary Updated 26 Oct 2026 **$267M** raised across 5 rounds since 2014, from 5 sources **$6.5M** Round **$420K** Debt **$20M** Series B **$80M** Series C **$160M** Series D - **Latest round:** Series D, $160M Mar 2018 - **Step-up i:** 2× - **Investors:** 12 (2 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2015 2016 2017 2018 **$6.5M** Round **$420K** Debt **$20M** Series B **$80M** Series C **$160M** Series D - **First round:** Round, $6.5M - **Biggest round:** $160M - **Usual gap between rounds:** 11 months ## The rounds - **Mar 2018** Series D **$160M** *6 new* *1 returning* [IDG Capital](https://millionrounds.com/fund/idg-capital) [Foresight Group](https://millionrounds.com/fund/foresight-group) [Lingfeng Capital](https://millionrounds.com/fund/lingfeng-capital) [Forebright Capital](https://millionrounds.com/fund/forebright-capital) [ORIX Asia Capital](https://millionrounds.com/fund/orix-asia-capital) Hongdao SEA Group/ SIG Reported by China Money Network - **Apr 2017** Series C **$80M** *4 new* [China Merchants Capital](https://millionrounds.com/fund/china-merchants-capital) Lead [IDG](https://millionrounds.com/fund/idg) Lead [SIG](https://millionrounds.com/fund/sig) [Forebright Capital](https://millionrounds.com/fund/forebright-capital) Reported by TechNode - **Mar 2015** Series B **$20M** *1 new* [SIG Ventures](https://millionrounds.com/fund/sig-ventures) From a historical funding record - **Oct 2014** Debt **$420K** No investor was named in the report. From a historical funding record - **Sept 2014** Round **$6.5M** *1 new* [IDG Ventures](https://millionrounds.com/fund/idg-ventures) From a historical funding record ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Round** 2014 **Debt** 2014 **Series B** 2015 **Series C** 2017 **Series D** 2018 [Forebright Capital](https://millionrounds.com/fund/forebright-capital) [China Merchants Capital](https://millionrounds.com/fund/china-merchants-capital) L [IDG](https://millionrounds.com/fund/idg) L [IDG Capital](https://millionrounds.com/fund/idg-capital) [IDG Ventures](https://millionrounds.com/fund/idg-ventures) [Foresight Group](https://millionrounds.com/fund/foresight-group) [SIG](https://millionrounds.com/fund/sig) [Lingfeng Capital](https://millionrounds.com/fund/lingfeng-capital) [SIG Ventures](https://millionrounds.com/fund/sig-ventures) [ORIX Asia Capital](https://millionrounds.com/fund/orix-asia-capital) ## Everyone who backed them [Forebright Capital](https://millionrounds.com/fund/forebright-capital) VC firm **2** rounds [China Merchants Capital](https://millionrounds.com/fund/china-merchants-capital) VC firm **1** round, led 1 [IDG](https://millionrounds.com/fund/idg) VC firm **1** round, led 1 [IDG Capital](https://millionrounds.com/fund/idg-capital) Private equity **1** round [IDG Ventures](https://millionrounds.com/fund/idg-ventures) VC firm **1** round [Foresight Group](https://millionrounds.com/fund/foresight-group) Private equity **1** round [SIG](https://millionrounds.com/fund/sig) Investment firm **1** round [Lingfeng Capital](https://millionrounds.com/fund/lingfeng-capital) VC firm **1** round [SIG Ventures](https://millionrounds.com/fund/sig-ventures) VC firm **1** round [ORIX Asia Capital](https://millionrounds.com/fund/orix-asia-capital) Private equity **1** round Hongdao no record of our own yet **1** round SEA Group/ SIG no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=wecash). ## Quick answers about Wecash ### Who invested in Wecash? Wecash's investors include Forebright Capital, China Merchants Capital, IDG, IDG Capital and IDG Ventures, and 7 more on record. ### How much has Wecash raised? Wecash has raised $267M across 5 rounds since 2014. ### When did Wecash last raise? Wecash's most recent round was a Series D of $160M in Mar 2018. ### What was Wecash's biggest round? Its most recent round, $160M in Mar 2018, is also its largest on record. ### Who backed Wecash first? Wecash's first round on record, in Sept 2014, was backed by IDG Ventures. ### What stage is Wecash at? Wecash's latest named round is a Series D, in Mar 2018. ### Where is Wecash based? Wecash is based in China. ### Who led Wecash's rounds? China Merchants Capital led the Series C in 2017. ## Companies like Wecash In the same sector, and raised in the last eighteen months. [**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**Ghanem** $1.5M · Oct 2026](https://millionrounds.com/company/ghanem)[**Cashin** $404K · Oct 2026](https://millionrounds.com/company/cashin)[**Cashbanx** $4.1M · Oct 2026](https://millionrounds.com/company/cashbanx)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app