China’s Financial Platform For Second Hand Car KC Way Raised Tens of Millions of Yuan

China’s financial platform for second hand car KC Way raised tens of millions of yuan jointly invested by Hongtai Capital, Shiwang Capital, Zhongke Innovation, and other institutes. The investment will be used to launch in second hand car transaction context, and beef up technology R&D.

Established in 2015, KC Way provides automobile valuation, risk control service for automobile finance with its AI driven SaaS system. It also develops remote systems of automobile finance for major banks, insurance companies, and other institutions, and provides financial cloud service of new car and second hand car transaction.