CompareAsiaGroup prices $40m series A

Apr 22, 2015 • Robert Lavine

Jardine Pacific was among the backers in the price comparison site's series A round, which will support an expansion in its service as it seeks to consolidate its position.

China-based financial services comparison service CompareAsiaGroup has secured $40m in series A funding from backers including Jardine Pacific, a subsidiary of diversified conglomerate Jardine Matheson, Tech in Asia reported today.

The round was led by Goldman Sachs and also featured venture capital firms Route 66 Ventures and Nova Founders Capital, private equity firm Ace & Company, and angel investors Mark Pincus and Owen Van Natta.

Founded in 2013, Hong Kong-headquartered CompareAsia operates a price comparison site for services including banking…

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