Legend Capital, SIG lead Series C for China’s PPDai
Legend Capital and SIG Asia Investment have led a Series C round of funding for PPDai, which claims to be the first and largest peer-to-peer (P2P) lending platform in China.
Other investors include VMS Investment Fund, Sequoia Capital and Lightspeed China Partners. Financial terms were not disclosed but the company said in an announcement that the funding size is close to...
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