Tiger Brokers factors in $14m series B+

Mar 27, 2017 • Thierry Heles

Xiaomi-backed brokerage firm Tiger Brokers has added $14m to its coffers in a round led by China Growth Capital, increasing its total funding to $59m.

Tiger Brokers, a China-based online brokerage firm backed by smartphone manufacturer Xiaomi, has raised RMB100m ($14m) in a series B+ round led by China Growth Capital, China Money Network reported on Friday.

Zhen Fund also contributed to the round, having previously participated in the company’s $29m series B round in December 2016 alongside Citic GoldStone Fund Management, a subsidiary of securities broker Citic Securities, as well as Huagai Capital and China Renaissance K2 Ventures.

Founded in 2014, Tiger Brokers…

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