Sichuan Changhong Electric contributed to a $14.2m round that brought financial services-focused anti-fraud product developer Fudata's total funding to $39m.
China-based fraud-prevention technology developer Fudata.cn has received almost RMB100m ($14.2m) in a pre-series B round backed by consumer electronics producer Sichuan Changhong Electric.
The round was led by growth equity fund Delta Capital and included unnamed existing shareholders. Fudata has now raised $39m altogether, according to media reports.
Founded in 2016, Fudata provides enterprises in the financial services sector with a suite of software tools that help detect potentially fraudulent clients, while also supporting accounting and credit scoring activities.
The…
