The big data and AI-powered automotive financing platform has secured funding in a round co-led by JD Digits and Tencent, which took part alongside Bertelsmann Asia Investments.

Internet group Tencent and JD Digits, the financial technology arm of e-commerce firm JD.com, co-led a $50m series B round for China-based online car financing platform Linkfin Technology on Friday.

Bertelsmann Asia Investments (BAI), a corporate venturing subsidiary of media group Bertelsmann, also took part in the round, according to a statement on JD Digits’ WeChat account.

Founded in 2017, Linkfin has developed a big data and artificial intelligence-powered platform that provides users with the finance and mechanism to purchase…