Electronics supplier Shengjing Technology co-led the round, in which the online payment technology company raised an eight-figure dollar sum.

China-based online payment technology provider Ping++ has secured ‘tens of millions of dollars’ in a series B round co-led by electronics manufacturer Shengjing Technology.

Shenging co-led the round with investment firm China Broadband Capital, with participation by venture capital firms Sequoia Capital and Linear Ventures, both of which were existing investors. It has not disclosed details of its series A round.

Ping++ has built an online payment platform and a payment software development kit, integrating third-party payment channels like WeChat…

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