Is Cgtz still operating in 2026?

No confirmed operating status exists. Cgtz ran the Chinese P2P platform CGTZ.com, but China's CBIRC shut down the entire P2P lending sector nationwide by November 2020, and no funding, product, or hiring signal has appeared for Cgtz since its June 2018 Series D.

No revenue figures exist for Cgtz at any point in public records. The last operating signal is the June 4, 2018 Series D close; no post-2018 revenue, customer, or traction data has surfaced, so profitability cannot be assessed.

Cgtz remained privately venture-backed as of its last known raise. Its Series D of roughly $358M closed June 4, 2018, led by Geo-Jade Petroleum Corporation, a Chinese oil-and-gas and real-estate firm, with no ownership change reported since.

Could AI replace Cgtz's business model?

Cgtz's core function, matching retail investors to consumer and SME credit, is the exact workflow AI-driven alternative-data underwriting (used by firms like JUMO) already displaces across emerging-market lending, and the category itself was outlawed by Chinese regulators by November 2020.

What is Cgtz's biggest competitor?

Named comparables include LendKey and JUMO from aggregator data, while direct Chinese P2P peers Lufax, PPDai, Dianrong, Tuandai.com, and Hongling Capital all also collapsed or exited P2P lending during the 2019-2020 sector-wide crackdown.

What was Cgtz's valuation?

Cgtz was valued around $1.41B as of February 2017 per CB Insights and Caplight. A later $2.41B figure cited by some aggregators (TrueUp) appears to be a stale legacy snapshot, not tied to any confirmed post-2018 funding event.

China · absorbed · China

Cgtz

Defunct Chinese P2P lending platform (CGTZ.com) once matching retail lenders to consumer and SME loans.

Little protection left

Assessed 29 July 2026 · Evidence as of 29 July 2026

Not much stands between this business and its pressures.

On the recordSince 29 July 2026 · Checkable from No date set · Every call on the record Checkpoint: Any Chinese-language filing confirming wind-down, conversion, or absorption of the entity

The call

Cgtz's lending category was outlawed nationwide by 2020, and eight years of silence since its last funding round leaves no visible business to threaten or protect.

Cgtz ran a platform that connected regular people and small businesses to borrow money from each other in China. The Chinese government shut down the entire peer-to-peer lending business category in 2020 and made it illegal, and Cgtz has not announced any business activity, new funding, or employees since mid-2018. Without knowing what happened to the company after the shutdown, or whether it converted to a legal form, switched to a different business, or simply closed, there is no way to assess whether it still exists or has any way to make money.

Why

AI pressure: None apparent. No live platform remains for AI underwriting tools like JUMO's model to compete against or accelerate. Could AI do the core job? Yes, likely.

Bigger players: China Banking and Insurance Regulatory Commission (CBIRC). CBIRC eliminated the entire domestic P2P lending category nationwide, ending Cgtz's core business by November 2020. Could a giant copy it? Yes, easily.

What protects it. None found; the business model was made illegal and no funding, product, or hiring signal has appeared since June 2018.

What would change this call

Chinese-language filing confirming Cgtz's post-2018 wind-down, conversion, or absorption. Would clarify whether any legal entity or assets survived the P2P ban.
Any 2024-2026 revenue or licensing record tied to Zhejiang Grassroots Network Technology Co. Would show if Cgtz re-emerged as a licensed financial business.
Geo-Jade Petroleum disclosure on its Series D stake in Cgtz. Would reveal whether investors recovered any capital from the failed platform.

Key numbers

$358M Series D closed (2018-06-04)
100% of China's P2P sector shut down (2020-11-30)
0 funding rounds since June 2018 (2026)

Named risks

Entire P2P lending category outlawed by CBIRC nationwide by November 2020. Severity: high
Zero funding, product, or hiring signal for Cgtz since June 2018 Series D. Severity: high
Current legal entity status, wind-down, conversion, or default action remains unconfirmed. Severity: medium
Stale $2.41B valuation figure may misrepresent current company health to outside observers. Severity: medium

Rivals, as read in July 2026

Rival	Direction	Evidence
CBIRC (Chinese regulator)	losing to	Entire P2P lending category eliminated nationwide by November 2020
JUMO	gaining on	AI-driven behavioral-data credit scoring displaces Cgtz's core underwriting workflow
Lufax	contesting	Both exited P2P lending amid sector-wide collapse by 2019 to 2020
Ant Group	losing to	Ant's scale drove regulatory fear that triggered sector-wide crackdown, per TechNode, 2020-11-23

Questions people ask

Is Cgtz still operating in 2026?: No confirmed operating status exists. Cgtz ran the Chinese P2P platform CGTZ.com, but China's CBIRC shut down the entire P2P lending sector nationwide by November 2020, and no funding, product, or hiring signal has appeared for Cgtz since its June 2018 Series D.
Is Cgtz profitable?: No revenue figures exist for Cgtz at any point in public records. The last operating signal is the June 4, 2018 Series D close; no post-2018 revenue, customer, or traction data has surfaced, so profitability cannot be assessed.
Who owns Cgtz?: Cgtz remained privately venture-backed as of its last known raise. Its Series D of roughly $358M closed June 4, 2018, led by Geo-Jade Petroleum Corporation, a Chinese oil-and-gas and real-estate firm, with no ownership change reported since.
Could AI replace Cgtz's business model?: Cgtz's core function, matching retail investors to consumer and SME credit, is the exact workflow AI-driven alternative-data underwriting (used by firms like JUMO) already displaces across emerging-market lending, and the category itself was outlawed by Chinese regulators by November 2020.
What is Cgtz's biggest competitor?: Named comparables include LendKey and JUMO from aggregator data, while direct Chinese P2P peers Lufax, PPDai, Dianrong, Tuandai.com, and Hongling Capital all also collapsed or exited P2P lending during the 2019-2020 sector-wide crackdown.
What was Cgtz's valuation?: Cgtz was valued around $1.41B as of February 2017 per CB Insights and Caplight. A later $2.41B figure cited by some aggregators (TrueUp) appears to be a stale legacy snapshot, not tied to any confirmed post-2018 funding event.

Timeline

2026-07-07Series D lead investor Geo-Jade Petroleum issues unrelated stock trading risk warning; no news of Cgtz itself
2020-11-30CBIRC completes shutdown of all P2P lending platforms nationwide in China, zero survive
2020-08Roughly RMB 800 billion in investor funds reported unrecovered across China's collapsed P2P sector
2018-06-04Cgtz closes Series D of about $358M led by Geo-Jade Petroleum Corporation
2017-02Cgtz closes Series C led by China Media Group; valuation reported at about $1.41B
2016-06Cgtz closes Series B of about $156M led by Guangzhou Industrial Investment Fund/GF Fund
2015-01Cgtz closes Series A of about $10M led by Shunwei Capital
2014Company founding year per CB Insights (TrueUp lists October 2013)

Revision history

29 July 2026

First assessed. Little protection left. The text above is fixed as of this date and is not edited afterwards.

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