Eight Roads Co-Leads $36M Series B+ Round In Chinese “Corporate Wallet” Fenbeitong

Fenbeitong, a Chinese business expenses management start-up, announced the completion of a US$36 million Series B+ round of financing, led by Eight Roads, Ribbit Capital and Glade Brook Capital. BitRock Capital and existing shareholders IDG Capital, CreditEase Industry Fund, and China Growth Capital participated in the new round.

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