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.
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?