Financing and Tax Management App Developer Huisuanzhang Gets CNY200 Million in B1 Round Financing
Tang Shihua
DATE:  Oct 24 2017
/ SOURCE:  Yicai
Financing and Tax Management App Developer Huisuanzhang Gets CNY200 Million in B1 Round Financing Financing and Tax Management App Developer Huisuanzhang Gets CNY200 Million in B1 Round Financing

(Yicai Global) Oct. 24 -- Huisuanzhang, a financing and tax management application developer, announced today that it finished its B1 round of financing of nearly CNY200 million, in which many investment institutions and capitals jointly invested, including Sichuan Development Financing Guarantee Co., THG Ventures, IDG Capital Partners, internet media jiemian.com reported.

Its B2 round of financing is now ending on a scale similar to that of its B1 round.

After finishing this round, the company will expand its presence in China's market, explore the value of service data of existing enterprises, and continue to help medium small and micro-sized enterprises raise their game, said Zhang Shugang, Huisuanzhang's founder and chief executive.

The company is a financing and tax management application developer mainly tailored for finance and tax intermediaries like accounting firms. As of now, it has served 230,000 paid corporate customers. Its interface has continuously expanded from web portals to Windows channel and mobile APPs.

"A huge market opportunity beckons for tax and accounting cloud services," remarked Niu Kuiguang, partner of IDG Capital Partners. "Huisuanzhang is essentially a service provider for enterprises as its main business is accounting and tax services, and the service market for small and medium-sized enterprises is massive."

Follow Yicai Global on
Keywords:   FINANCING,Fintech,Small And Micro Enterprise,Kungeek