Taxation services provider Lingcai Technology secures multi-million-yuan Pre A round

Lingcai, a financial and taxation service provider, recently announced that it has received tens of millions of yuan in Pre A financing round from Fengyang Capital. The proceeds will be used for system research and development, team expansion and business development.

Lingcai, a financial and taxation service provider, recently announced that it has received tens of millions of yuan in Pre A financing round from Fengyang Capital. The proceeds will be used for system research and development, team expansion and business development.

Established in 2017, Lingcai Technology is a provider of taxation and financial services for enterprises. The company utilizes robotic process automation technology to provide taxation and financial services such as corporate financial auditing and accounting for SMEs, enabling companies receive low cost, automated tax and financial services.

The target group of Lingcai Technology is medium and large enterprises. The benchmark clients include Sunshine Insurance Group, Good Future Education, China Railway Construction, AIA, China Land Insurance, Wanda Group, etc. The profit points mainly include product implementation fees and service subscription commissions.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/04/24/taxation-services-provider-lingcai-technology-secures-multi-million-yuan-pre-a-round/.

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