What LinKids does

LinKids was a China-based, privately held company founded in 2017 and headquartered in Longgang. Per firmographic data, it operated an online platform delivering mobile phone payment services built on Internet of Things (IoT) technology, positioning the company at the intersection of consumer fintech and IoT hardware. The core offering combined IoT devices with payment-rail software to enable mobile-phone-based payment functionality, with implied end users in the Chinese consumer and small-merchant segments.

The company raised approximately $3.46 million across two early-stage funding rounds in 2017 — a seed round of roughly $437,000 from hardware/IoT strategic investor Netac Technology in February 2017, followed by a second round of roughly $3.02 million in November 2017 led by Oriental Fortune Capital with participation from Hongxiu VC and Pengfeng Rongcheng Capital. The leadership team comprised Founder and CEO Yuxi Li, COO Yonggang Wang, CTO Lingyun Xiao, and Director Hongzhong Fan, with recorded headcount of 51-100 employees.

No subsequent funding rounds, product launches, partnership announcements, or geographic expansions are visible in any source. The company's primary digital property, lkkids.com, is listed for sale on Spaceship.com at a $1,980 buy-now price, and operating status is recorded as "closed". No product specifications, pricing tiers, customer references, partnership agreements, patent filings, or revenue figures are disclosed. The combination of an 8+ year funding drought, lack of operating signal, and domain divestiture strongly indicates the business is no longer active.

Name

LinKids

Website

https://lkkids.com

Company type

Private

Founded year

2017

Operating status

Closed

Headcount range

51–100 employees

Short description

LinKids was a China-based private company founded in 2017 in Longgang that operated an online platform offering mobile-phone payment services built on Internet of Things technology; the company is no longer in active operation per available signals.

Ownership category

akta.pro rank

Product category

Mobile Payments

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Payment Gateways & API Connectivity (FSAGABAB)

akta.pro secondary industry

Wearables & Consumer IoT Integration Platforms (BYOD) (HLACAFAF)

Keywords

• Mobile payment services
• IoT payments platform
• Contactless payment solutions
• Smart device payments
• Mobile payment processing

Headquarters

HQ city

Longgang

HQ country

China

HQ region

Asia

Markets served

GTM type

B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Core offering

LinKids operates an online platform that delivers mobile phone payment services powered by Internet of Things (IoT) technology. The service enables users to conduct mobile payments through IoT-enabled devices, connecting physical hardware endpoints to digital payment processing. The platform targets individual consumers seeking IoT-integrated payment functionality on their mobile phones.

Differentiator

Problem solved

Functional benefit

Products and services

• LinKids Mobile Payment Platform

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Direct peers

• Xplora Technologies: Xplora is a European children's smartwatch provider offering calling, GPS, and a controlled payment/micro-transaction wallet — the international analog of LinKids' offering.
• Xiaomi Mi Bunny (米兔): Xiaomi's Mi Bunny line of children's smartwatches and phones targets the same Chinese consumer segment and bundles payment and communication features through Xiaomi's ecosystem, making it a direct comparable.
• TickTalk Tech: TickTalk produces kids' smartwatches with calling, GPS, and a parent-managed payment/contactless feature set in the US market, paralleling LinKids' product concept.
• Huawei (Honor / 华为儿童手表): Huawei's children's smartwatch line (under the Honor and Huawei brands) ships with calling, GPS, and integrated payment/contactless features via partner banks, competing head-to-head with LinKids' implied product.
• 360 Children's Watch (奇虎360): Qihoo 360's 360 Children's Watch line integrates calling, location, and mobile payments, directly competing in the same kid-targeted IoT-wearable-with-payment category in China.
• imoo (BBK / 步步高): imoo is one of China's leading children's smartwatch brands, bundling calling, GPS, and payment features (often via partner banks/Alipay). It is the closest direct competitor to LinKids' implied kids-wearable + payments offering.

Broad incumbents

• Ant Group (Alipay): Alipay is the other dominant Chinese mobile payment network and is embedded across children's wearables and education/merchant use cases; as a broad incumbent, it sets the bar for any niche payment platform.
• Tencent (WeChat Pay): WeChat Pay is the dominant Chinese mobile payment rail and is the de facto payment partner embedded in most children's wearables; it represents the broad-incumbent layer that any kid-focused payment service ultimately integrates with or competes against.

Emerging players

• Garmin (Bounce / vivofit jr): Garmin's Bounce and vivofit jr lines extend the Garmin wearable platform into the kids segment with calling and (via partners) payment-adjacent features, representing an emerging cross-over from mainstream wearables into kid-targeted IoT.

Market position

Strengths2 records

Weaknesses4 records

Competitive moat1 record

Key risks5 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds2 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LinKids