Chinese Insurtech Start-Up Leapstack Gets $14M Amid Tightening Govt Supervision

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Leapstack, a Chinese insurtech start-up focusing on the healthcare industry, announced on Monday that it has raised nearly RMB100 million (US$14.52 million) in a series B round of financing led by private equity firm Lingfeng Capital, with the participation of other investors including Chinese online consumer finance marketplace PPDAI Group.

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