Sentage Holdings Inc
sentageholdings.comWhat Do They Do?
Provides merchants with prepaid payment services and technical support, and offers prepaid cards consumers can use to buy goods and services.
20-F for FY2025, filed Apr 30, 2026The Sentage Operating Companies started providing prepaid payment network services in August 2019, offering seamless, convenient, and…View ↗
For any merchant customer who need payment-related technical consulting and support, the Sentage Operating Companies provide a tailored…View ↗
Prepaid Card Payment ServicesView ↗
How Do They Make Money?
Merchants pay consulting and support fees upfront; the company provides the work over three to eight months. For prepaid-card services, merchants pay per transaction or upfront, and fees are earned when consumers use the cards.
20-F for FY2025, filed Apr 30, 2026The Sentage Operating Companies charge merchant customers technology consulting and support fees for designing tailored payment solutions…View ↗
The Sentage Operating Companies charge merchants fees for payment services, including, but not limited to, collecting and processing…View ↗
Technology consulting and support services are short-term in nature, with a service period ranging from three to eight months. The contract…View ↗
For merchant customers requiring prepaid card payment services, the Group collects and processes information necessary for card issuance…View ↗
$68.9K
-
20-F for FY2025, filed Apr 30, 2026
$68.9K ↗
Who Are Their Customers?
Merchant customers apply to open an account; Sentage reviews their applications and connects them to NetsUnion. Its current customer is Zhiwei Cultural Development (Shanghai) Co., Ltd.
20-F for FY2025, filed Apr 30, 2026
Do Revenues Turn Into Profits?
No. It lost $2.3M in FY2025.
20-F for FY2025, filed Apr 30, 2026
How Are They Changing?
Shrinking. Revenue fell 97% in 4 years, from $2.3M in FY2021 to $68.9K in FY2025, about 58% a year.
Exited lending-related services
The business has narrowed to prepaid payment network services; the earlier report also described loan repayment and collection management and loan recommendation services, which the latest report says were discontinued.
20-F for FY2022, filed May 1, 2023 20-F for FY2025, filed Apr 30, 2026We currently operate three lines of business in loan repayment and collection management, loan recommendation, and prepaid payment network…View ↗
Who Do They Compete With?
Competes with Shandong Chenglian Card Payment, Qingdao Baisentong Payment, Shandong Feiyin Intelligent Technology, Alipay, and WeChat Pay
20-F for FY2025, filed Apr 30, 2026The industries in which the Sentage Operating Companies are operating are competitive and evolving. With respect to prepaid payment network…View ↗
Loading...
