Touzhijia banks $12m in series A capital

Aug 15, 2016 • Robert Lavine

Yingcan-affiliated online lending platform Touzhijia.com has taken its overall funding to $17m with a series A round led by CDF Capital.

Touzhijia.com, a China-based peer-to-peer lending platform affiliated with consultancy Yingcan Group, has secured $12m in series A funding, China Money Network has reported, citing a company announcement.

Private equity and venture capital firm CDF Capital led the round, which reportedly follows $4.5m in pre-series A funding from undisclosed backers in September 2015.

Touzhijia, founded in 2014, operates an online lending platform that aims to make the peer-to-peer financing process safer and more efficient for individual investors. It has about 2.3…

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