BAI leads $65m round for China P2P lending site
Bertelsmann Asia Investment (BAI) has led a $65 million Series A round of funding for Meili Jinrong, a Chinese peer-to-peer (P2P) online lending platform with a focus on consumer finance.
Morningside Venture Capital, GX Capital and Chinese online personal finance site Wacai.com also took part in the round, the company said in a press briefing. Meili Jinrong was founded by Yannan Liu,...
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