CreditEase’s Fintech Venture Fund Invests In Three US Fintech Start-Ups

CreditEase Fintech Investment Fund, a venture fund backed by Chinese financial technology firm CreditEase to invest in growth-stage fintech companies in China and globally, announced that it had invested in three fintech companies in the U.S.

The venture fund, with US$1 billion equivalent of total capital commitments under, has participated in a series C financing round in Trumid, a U.S. electronic trading platform for the bond market, and in a series B round in WeConvene, a U.S. online corporate access management provider for capital markets.

It also joined a seed round in WorldCover, an innovative peer-to-peer insurance network in the U.S., the fund said during the 2017 LendIt USA Conference in New York yesterday.

"We are excited...

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