Chinese financial technology company Shuhe Technology announced that the company has raised $30 million in Series B funding.
The investments came from Chinese internet major Sina.
With the investment, Shuhe Technology will significantly promote the development of its local financial technology market, enhance the operational efficiency of data and technology and improve the services.
As part of the round, Shuhe and Sina will jointly establish an expandable cooperation model to provide users with appropriate, convenient and efficient inclusive financial services under prudent risk control.