Chinese Online Insurer ZhongAn’s Fintech Unit Nets $285M Fresh Funds

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ZhongAn Technology, a fintech firm backed by Chinese online-only insurance firm ZhongAn Online, unveiled on Thursday that it has closed RMB1.961 billion (US$285.28 million) fresh funds to finance the development, international cooperation, and investment of fintech and insurtech-related business in the overseas market.

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