China Rapid Finance Limited was a consumer lending marketplace that facilitated peer-to-peer loans in China, operating one of China's largest platforms. Founded in 2001, the company went public on NYSE in April 2017 (IPO: XRF ticker). After the Chinese P2P lending industry crackdown and regulatory shutdown by 2021, the company divested its P2P business in 2020 and rebranded to SOS Limited (ticker changed July 2020). Subsequently pivoted to cryptocurrency mining operations and blockchain technology. Currently faces NYSE delisting risk due to share price non-compliance.
China Rapid Finance is publicly traded
IPO'd on April 28, 2017
This company is no longer available on our private secondary market. Shares can be traded publicly under XRF.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2001
Total Funding
$98M
4 rounds
Total raised $98M across 4 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Post-IPO
Date
December 24, 2019
Amount
$8M
Valuation
—
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| December 24, 2019 | Post-IPO | $8M | — | Not disclosed |
| April 28, 2017 | IPO | $60M | — | NASDAQ:XRF |
| 2014 | Series D | $30M | — | QED Investors |
Zane Wang
Founder
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Lufax Holding Limited
Chinese fintech platform providing wealth management and P2P lending services; IPO 2020 on NYSE.
LendingClub
US-based peer-to-peer lending marketplace; IPO 2014 on NYSE.
Upstart Holdings
AI-powered lending platform providing credit risk assessments; IPO 2020 on NASDAQ.
Yes, China Rapid Finance is publicly traded under the ticker symbol XRF on the NYSE. The company went public in April 28, 2017.
China Rapid Finance trades under the ticker symbol XRF on the NYSE. It began trading in April 28, 2017.
China Rapid Finance (XRF on the NYSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker XRF to place an order.
China Rapid Finance went public in April 28, 2017 via ipo. China Rapid Finance went public on NYSE on April 28, 2017 under ticker XRF, priced at $6.00 per ADS (low end of revised range), raising $60M. The company operated a P2P consumer lending marketplace. In 2020, following China's P2P industry crackdown and regulatory shutdown, the company divested its P2P business and rebranded to SOS Limited (ticker changed to SOS on July 20, 2020). Company now focuses on cryptocurrency mining. As of June 2024, received NYSE non-compliance notice due to share price trading below $1.00 threshold; company has six months to cure or face delisting procedures. Currently remains listed on NYSE but at delisting risk.
China Rapid Finance raised $98M across 4 disclosed funding rounds prior to its public listing.
China Rapid Finance was founded by Zane Wang in 2001.
China Rapid Finance is headquartered in Shanghai, China.
Access live market data
Sign UpData collected with AI, which can make mistakes. Please double-check this information.