Meixin has closed a series A of more than $5m, following reports in July that Bertelsmann Asia Investments had contributed to an eight-figure round.

US-based cross-border financial product provider Meixin Global raised more than $5m in series A funding on Thursday from investors including media group Bertelsmann.

The round was led by Korea Investment Partners and included Tangzhu Capital and Liuhe Capital. Bertelsmann participated through its regional corporate venturing subsidiary Bertelsmann Asia Investments.

The round was first reported in July 2017, though at the time the amount was not disclosed.

Founded in 2015, Meixin has developed a platform that helps asset managers access…