Tagged: creditease fintech investment fund

German Insurtech Platform wefox Group Secures $125 Million Through Series B Investment Round

wefox Group, a Germany-based insurtech firm, has successfully secured $125 million through its Series B funding round. China-based fintech CreditEase reported that its direct investment arm, CreditEase Fintech Investment Fund (CEFIF) participated in the round, with Goldman Sachs International acting as a private placement adviser… Read More

Consumer Credit Platform Upgrade Secures $62 Million Through Series C Funding Round Led By CreditEase Fintech Investment Fund

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CreditEase FinTech Investment Fund (CEFIF), the U.S.-based Fintech Fund of the Chinese fintech CreditEase, recently led $62 million Series C round investment for consumer credit platform, Upgrade. According to CreditEase, Upgrade, which was launched in 2016 by Renaud Laplanche, former co-founder of Lending Club and the… Read More

Renaud LaPlanche’s Online Lending Venture Upgrade Closes on $62 Million Series C

Upgrade, an online lending platform founded by Renaud LaPlanche, has closed on a Series C round  in the amount of $62 million. The funding was led by China based CreditEase Fintech Investment Fund. Laplanche previously founded LendingClub, the largest marketplace lending platform in the US…. Read More

CreditEase Leads Seed Round in Mobile App Blast that Melds Fintech & Gaming, Level Up Your Savings

China based Fintech CreditEase has invested in Blast, a California based startup that is the mobile gamification space led by Acorns founder and Chairman, Walter Cruttenden. The investment was facilitated via CreditEast Fintech Investment Fund (CEFIF) – a US $1 billion fund. Other investors in… Read More

P2P Lender CreditEase’s Fintech Investment Fund Ranked 3rd Globally

CreditEase, a China based peer to peer lending platform, has been recognized for its Fintech venture fund by a CB Insights report. According to the report, the CreditEase Fintech Investment Fund is number three in the world when it comes to ranking the most active… Read More

CreditEase FinTech Investment Fund Participates in Branch International’s $70 Million Series B Investment Round

On Thursday, CreditEase announced its venture fund, Credit FinTech Investment Fund (CEFIF) recently participated in the $70 million Series B investment round in market fintech company, Branch International. The fund reported that other investors of the funding round included International Finance Corporation (IFC), Andreessen Horowitz,… Read More

Omnyway Secures $12.75 Million Through Series A Funding Round Led By CreditEase Fintech Investment Fund

Augmented digital commerce platform Omnyway announced on Thursday that it has closed on $12.75 million in Series A funding round, which was led by Nyca, CommerzVentures, and CreditEase Fintech Investment Fund, with participation from Commerce Ventures, and Industry Ventures. Omnyway, which was founded in 2014, states its platform creates a dynamic digital… Read More

CreditEase Fintech Investment Fund Adds Positions in Three Global Growth Stage Companies

CreditEase Fintech Investment Fund (CEFIF), a venture fund investing in growth-stage fintech companies in China and globally created by peer-to-peer lender CreditEase, announced at LendIt USA  in New York it  had made investment in three new Fintech firms. According to the fund, the three investments included… Read More

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