China risk management specialist Tongdun raises $100m
Tongdun Technology, a Chinese risk control services provider, has raised $100 million in a new round of funding led by CMC Capital, GGV Capital, China Everbright Limited and Guotai Global Investments. Existing investor Cinda Sinorock Capital also participated.
Hangzhou-based Tongdun, previously known as FraudMetrix, provides risk control and anti-fraud solutions based on artificial intelligence (AI) and big data analysis. This includes tracking customer credit...
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