9F Group Raises Series E Funding from SBI

9F Group, a Chinese fintech company, received a new round of Series E Financing of undisclosed amount.

SBI Holdings, Inc., made the investment joining China Xinda (Hong Kong) Holdings Co., Focus Media Chairman Jiang Nanchun, Youzu Interactive Chairman Lin Qi, and the two major industrial funds of FAMOUS GROUP and Plentiful International.

The company intends to use the funds for development in finance technology and consolidate its global business presence in Hong Kong, Singapore and the US.

9F Group has a number of independent wholly-owned or holding subsidiaries, with four domestic business sectors including digital accounts (9F One Card), artificial intelligence (9F Technology), online lending (9F Puhui), brokerage investment (insurance and funds), and overseas business sectors in Hong Kong (9F Securities and 9F Wealth Management), Southeast Asia and the US.

FinSMEs

19/10/2018

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