The CreditEase-backed enterprise financial management platform has secured $31.6m in a Xiaomi-led round that included 51Xinyongka.

China-based enterprise financial management software provider Hsuanzhang has raised RMB200m ($31.6m) in a series B2 round led by smartphone manufacturer Xiaomi, China Money Network reported on Friday.

The round also featured 51Xinyongka Industrial Fund, an investment vehicle established by financial and investment management app provider 51Xinyongka.

Founded in 2014, Hsuanzhang operates a mobile financial management platform that enables small and medium-sized enterprises to perform duties such as company registration, bookkeeping and tax planning in a single place.

The app has…

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