M&A Deal Summary

Future FinTech Acquires Dianfa Technology

On September 3, 2021, Future FinTech acquired information technology company Dianfa Technology

Acquisition Highlights
  • This is Future FinTech’s 3rd transaction in the Information Technology sector.
  • This is Future FinTech’s 2nd transaction in China.

M&A Deal Summary

Date 2021-09-03
Target Dianfa Technology
Sector Information Technology
Buyer(s) Future FinTech
Deal Type Add-on Acquisition

Target

Dianfa Technology

Shanghai, China
Dianfa Technology provides digital management services and high-frequency small loan assistance services to micro, small and medium-sized businesses and their suppliers based on its innovative smart retail SaaS supply chain system. The company uses financial technology capabilities such as mobile Internet, big data, artificial intelligence, cloud computing, and blockchain analytics to help financial institutions provide low-interest collateral-free revolving credit products and services to micro and small merchants across the entire retail industry business chain to meet their funding needs. Dianfa Technology is based in Shanghai, China.

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Buyer(S) 1

Buyer

Future FinTech

New York, New York, United States

website


Category Company
Sector Information Technology
Employees71
Revenue 25M USD (2021)
DESCRIPTION

Future FinTech is a blockchain technology R&D and application company incorporated in Florida. The operation of the Company includes a blockchain-based online shopping mall platform, Chain Cloud Mall (“CCM”), an incubator for blockchain-based application projects, a digital payment system “DCON” and a cross-border e-Commerce platform "NONOGIRL". The Company is also engaged in the development of blockchain-based e-Commerce technology as well as financial technology. Future FinTech is based in New York and Beijing. Future FinTech is based in New York, New York.


DEAL STATS #
Overall 3 of 3
Sector (Information Technology) 3 of 3
Type (Add-on Acquisition) 3 of 3
Country (China) 2 of 2
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-21 Khyber Exchange

Barking, United Kingdom

Khyber Exchange is a money transfer company with a platform for transferring money worldwide through one of its agent locations or via its online portal, mobile platform or over the phone. Khyber Exchange is headquartered in the UK and has offices in Germany and Italy.

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