
China cross-border fintech start-up secures $20m

Dowsure, a Shenzhen-based financial technology start-up that has developed credit-checking software that enables banks to lend to small-scale e-commerce vendors, has secured USD 20m in Series B funding.
The round was led by an undisclosed global strategic investor. Additional commitments came from China internet business incubator VenturesLab, Zhenshen-based supply chain finance provider Qianhaiyifang,...
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