Through the end of Thanksgiving week in the United States, investment activity in China was marked by a few headlines tied to deals of a relatively smaller size. Singapore-based FinTech platform Active.AI said it raised $8.3 million from Vertex Ventures, which is the venture capital arm...
CreditEase, the Chinese FinTech investment fund, announced Friday (March 17) it had made investments in FinTech companies in the US. According to a report, CreditEase said it participated in a Series C financing round for Trumid, a U.S. electronic bond trading platform, and took part in...
China-based lending platform CreditEase is expanding its financial services offering. Reports on Wednesday (Aug. 31) said the company has rolled out a new FinTech platform, YiQiFin, to provide supply chain financing and other services to small businesses in the nation. Introduced at the China SME...
The road to public market riches is a rocky one, sometimes, as evidenced by one recent IPO, that of Yirendai, which is a Chinese P2P lender that is CreditEase’s consumer finance arm. The stock traded nearly 17 percent intraday below the offer price, which indicates...
March 28, 2019
FinTech startup Qupital announced that it has closed a $15 million Series A, led by CreditEase FinTech Investment Fund (CEFIF). The funding also had participation from Alibaba Hong Kong Entrepreneurs Fund and MindWorks Ventures following their initial investments in the company’s seed round. “The growing volume of SME [small and medium-sized enterprise] and cross-border trading […]
March 20, 2017
CreditEase, the Chinese FinTech investment fund, announced Friday (March 17) it had made investments in FinTech companies in the US. According to a report, CreditEase said it participated in a Series...
December 21, 2015
The road to public market riches is a rocky one, sometimes, as evidenced by one recent IPO, that of Yirendai, which is a Chinese P2P lender that is CreditEase’s consumer...
