Tencent returned for a series D round closed after Fadada's digital signature platform was the beneficiary of a significant increase in business.

China-based digital signature platform developer Fadada has raised RMB900m ($138m) in series D financing from investors including internet group Tencent, DealStreetAsia reported today.

Private equity firm Centurium Capital and dual-currency fund platform ZWC Partners also participated in the round.

Fadada provides e-signature software for corporate customers including Tencent and has experienced a considerable uptick in business for the platform as the covid-19 pandemic has made remote dealmaking more urgent.

In addition to its core product, Fadada also supplies enterprise resource…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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