Sea and Orix Asia Capital co-led a round that increased the credit assessment technology provider's total funding to almost $270m.

E-commerce group Sea and Orix Asia Capital, a subsidiary of financial services firm Orix, have co-led a $160m series D round for China-based credit assessment technology provider Wecash Technology.

Technology and trading firm Susquehanna International Group (SIG) also took part in the round, along with investment firm Sagamore Investments, fund manager Forebright Capital, private equity firm Lingfeng Capital and venture capital firm Hongdao Capital.

Founded in 2013, Wecash uses data mining, artificial intelligence and machine learning technology to evaluate the…