GGV Capital Leads $50M Series B In 51Zhangdan

Login to View

Hangzhou, Zhejiang province-based credit card management mobile app maker 51Zhangdan has received US$50 million series B financing led by GGV Capital, according to the company’s Weibo account.

The round, which was closed six months ago, values the company at US$300 million.

51Zhangdan previously received series A+ and series A financing totaling US$15 million from SIG Ventures, Crystal Stream, and Meridian Capital China in late 2013.

China Money Network

Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech

Want to read this important story?

Access Over 11,000 stories and data posts over the past 8 years!

Register Now

Already have an account or paid subscription? Log in