Online finance platform Lantouzi secures $21m

Feb 3, 2015 • Candy Chan

Bertelsmann participated in the series A round, which was also backed by Ceyaun Ventures and Source Code Capital.

China-based online finance platform Lantouzi has closed a $21m series A round featuring Bertelsmann Asia Investments, the Chinese investment arm of Germany-based media firm Bertelsmann, China Money Network reported yesterday.

The round also included China-based venture capital firms Ceyuan Ventures and Source Code Capital. Private investor Xia Zuoquan, a director of electric vehicle and battery maker BYD, also participated.

Founded in April 2014, Lantouzi offers financing services to small and medium-sized businesses and wealth management services for individual investors.

Source…

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