Xiaomi-Backed Chinese Fintech Start-Up Fumi Technology Gets $36M Fresh Funds

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Fumi Technology, a fintech start-up incubated by Chinese mobile phone behemoth Xiaomi, announced last Friday that it has raised RMB250 million (US$36.27 million) in a strategic investment from Gopher Asset, a venture capital arm of Chinese wealth management firm Noah Financial Wealth Management.

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