IDG Capital Leads $10M Series A Round For Mobile Financial App Tongbanjie


Hangzhou-based mobile financial app Tongbanjie says the company has received more than US$10 million in series A funding led by IDG Capital Partners.

The company received its angel round from China Growth Capital.

Launched in June, Tonbanjie, which means "the street of copper coins,"  provides more than ten funds and insurance products and currently cooperates with several professional institutions including Fund123 and Guohua Life.

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