Tag: China
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.
MasterCard launches payments service for Chinese students
MasterCard is making it easier for Chinese users to pay for tuition and other costs in the US through a new partnership with online payments service Plastiq.
Alipay preparing to enter Europe
Alipay, the online and mobile payments service operated by Alibaba subsidiary Ant Financial, is expanding into Europe.
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.
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