LianLian DigiTech

LianLian DigiTech is a Chinese digital payment solution provider.

History
LianLian DigiTech was founded in 2009 and headquartered in Hangzhou, Zhejiang, China.

Funding and partnerships
In 2018, Lianlian DigiTech raised 1 billion yuan (US$147 million) in its latest financing round backed by Sequoia Capital China and Boyu Capital.

In 2020, LianLian entered into a joint venture agreement with American Express to establish Express (Hangzhou) Technology Services Company Limited (LianTong), which is licensed by the People's Bank of China (Central bank of China) to provide bank card clearing services.

Business model
LianLian offers digital payment services and value-added services to customers.