CreditEase Fintech Investment Fund Joins $38M Round In US Start-Up Nav

CreditEase Fintech Investment Fund, a venture investing unit of Chinese financial technology firm CreditEase Group, has joined a US$38 million financing round in Nav, a U.S. fintech start-up helping small business owners get funding.

Goldman Sachs Principal Strategic Investments group led the round, with participation from Point72 Ventures and Clocktower Technology Ventures. The series B funding round was expanded to US$38 million from a previously announced figure of US$25 million, after more investors decided to join.

"Our model is solving the access to capital problem in a modern way. We're using data to help business owners understand their financial health and dramatically simplify the process of borrowing money and getting credit," said Levi King, co-founder and CEO of Nav.

Credit rating service firm Experian led Nav's previously announced US$25 million se...

This news article comes via , who is the copyright owner of this information and news. has licensed the rights to this article and any republication or re-distribution in whole or in part of this content is strictly prohibited without the express consent of China Money Network

You May Also Like