| Founded | 2009 |
|---|---|
| Closed | 2023 |
| Country | China |
| Sector | Fintech |
| Collapse type | Silent Shutdown |
| Founder | Wang Yijun |
Lianlian Digital
"A cross-border payments darling that couldn't survive tightening rules and IPO rejection."
Quiet closure with no public announcement
Key Events Timeline
Lianlian Digital, a cross-border payments fintech that filed for a Hong Kong IPO in 2022 targeting a $3B+ valuation, withdrew its listing application in mid-2023 after failing to meet HKEX profitability requirements.
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