China-based brokerage firm Futu Securities has raised $145.5m in series C funding from a consortium led by internet company Tencent, China Money Network reported today.
Venture capital firms Matrix Partners China and Sequoia Capital China also took part in the round, which valued the company at more than $1bn according to Futu founder Li Hua, though he did not reveal its precise valuation.
Founded in 2012, Futu Securities operates an online stock trading platform that allows users to invest in…
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.
