CreditEase Fintech Investment Fund, a venture capital fund investing in growth-stage fintech companies in China and globally, announced the recent close of three investments.
The transactions include:
– a Series C financing round in Trumid, an electronic trading platform for the bond market,
– a Series B financing round in WeConvene, an online corporate access management ERP provider for capital markets, and
– a seed financing round in WorldCover, a peer-to-peer insurance network.
Founded in late 2015 by Ning Tang, CEO, and also led by Anju Patwardhan, Venture Partner, CreditEase Fintech Investment Fund is a venture fund investing in growth-stage fintech companies in China and the global markets. It has formed strategic partnerships with global venture capital investors to discover opportunities in five sub-segments within the domain of Lending, Payments, Personal Finance / Private Wealth Management, Enterprise Solutions and Insurance.
The fund has made a total of eight investments since launch, including Trumid, WeConvene and WorldCover as well as Circle, a blockchain-based payment application, Tradeshift, a cloud-based buyer-supplier network, and DYCD.com, an auto financial technology platform.