nets over $400m in Series B funding round

fintech insurtech wealthtech regtech ai cybertech esg news
fintech insurtech wealthtech regtech ai cybertech esg news

China-based C2C car trading platform has netted over $400m in its Series B financing round.

The round saw several existing shareholders take part including Sequoia Capital China, Matrix Partners China, BRV Aster Fund, and Hike Capital.

Several new relations also committed capital including H Capital, New Trend Equity Investment Fund Partnership, Beijing Jingxi Guigu Innovation Investment, and Dragoneer Investment Group, among others

Guazi, founded in 2015, is a C2C second-hand car trading marketplace, connecting individual car sellers and buyers.

Last year the firm picked up $250m in its Series A, making total capital received by the company around $650m.

Copyright © 2017 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.