Bertelsmann Asia Investments was among the investors in an eight-figure round that will support product development and the financial product provider's growth in Korea.

US-based cross-border financial product provider Meixin Global has raised an eight-figure amount in a series A round featuring media group Bertelsmann, China Money Network reported on Monday.

Bertelsmann, which participated through its Bertelsmann Asia Investments (BAI) unit, was joined by venture capital and private equity firm Korea Investment Partners (KIP), which led the round, Tangzhu Capital and investment firm Liuhe Capital.

Founded in 2015, Meixin provides a range of financial services it sources and manages, including real estate debt and…