
Greenwoods leads $32m round for Chinese internet finance site Rongzi
Greenwoods Investment has led a RMB200 million ($32 million) Series A round of funding for Rongzi.com, a Chinese internet finance platform, with participation from New Access Capital.
Founded in 2010, Shanghai-headquartered Rongzi enables offline financial institutions to provide loans for small and medium-sized enterprises. It claims that more than 1,000 banks, securities firms, trust...
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