The microlending service provider has added a round worth 'tens of millions' to a $10m series A round from Softbank last year.

Yooli.com, a China-based peer-to-peer lending site backed by telecommunications firm Softbank, has raised an undisclosed eight-figure sum in a series B round led by venture capital firm Morningside Ventures, according to technology news source Technode.

Although the precise sum was not disclosed, financial news provider Caixin Online cited a source who claimed the amount invested was greater than $50m, and that the round valued Yooli at about RMB 2bn ($320m).

Yooli provides investors with access to loans from 23 brick…