CDF Capital has led a RMB80 million (US$12 million) series A round of financing in Touzhijia.com, a P2P (peer-to-peer) online lending platform affiliated with Yingcan Group, according to a company announcement.
Founded in September 2014, Touzhijia.com provides professional services for investors and P2P services with an aim to make investment and financing safer and more efficient for individual investors.
Touzhijia.com plans to further expand its business in wealth management, develop new financial products in insurance, trusts and private equity.
Touzhijia.com previously raised US$4.5 million pre-A round in September 2015.
The company claims to have cumulatively completed over RMB7.5 billion in transactions with 2.3 million registered users.
Established in 2007, CDF Capital is a venture capital and asset management firm with RMB4.2 billion under management.