Tag: China
Chinese consortium launches $1.5bn FinTech M&A fund
A Chinese consortium of state-owned and private enterprises is launching a $1.44bn fintech investment fund dedicate to mergers and acquisitions in the space.
Tiger Brokers snaps up $29m for online trading platform
Chinese online brokerage Tiger Brokers has picked up $29m in a Series B round from Citic GoldStone Fund Management and Huagai Capital.
Huiyin launches $20m bitcoin-dedicated fund
Chinese investment firm Huiyin Group is launching a $20m bitcoin and blockchain-focused investment subsidiary - Huiyin Blockchain Ventures (HBV)
QuantGroup pockets $73m for big data FinTech
Chinese big data FinTech company QuantGroup has raised $73m in a Series C round of funding led by Sunshine Insurance Group.
iTouzi grabs $36m for peer-to-corporation lending
Beijing-based peer-to-peer business lender iTouzi has scored $36m in a Series B round of funding. The capital comes from Sino Fortune and individual investor is Sun Jiexiao.
New funding takes 51 Credit Card round to $400m
Chinese credit card management app 51 Credit Card Manager has raised $84m in what’s being described as a C+ round from Harvest Capital and Yintai Group.
China UMS lands $297m from Everbright-IDG
China Union Pay Merchant Service (China UMS) has received a $297m investment from Everbright-IDG Industrial Fund.
InnoTree picks up $15m for Chinese investment data service
Investment data and research startup InnoTree has raised $15m in a Series B round led by Guangdong Poly Asset Management.
Open-source blockchain Antshares nabs $4.5m
Chinese open-source blockchain startup Antshares has raised $4.5m in its initial coin offering to complete the development of its blockchain platform.
Meituan-Dianping buys payments startup Qiandai
Chinese group deals and online-to-offline (O2O) platform Meituan-Dianping has acquired payments startup Qiandai.
