Korea Investment Partners Co., Ltd., a non-bank financial holding company in South Korea, has led a series A round worth tens of million U.S. dollars in Meixin Global, a New York and Beijing-based start-up providing cross-border wealth management platforms for high-net-worth individuals.
Bertelsmann Asia Investments (BAI), Tangzhu Capital and Liuhe Capital also participated in the round, according to a company announcement.
"Overseas investments will have great growth potential in the future, and the demand for overseas investments will increase rapidly as well," said Hudson Kyung-sik Ho, head of Korea Investment Partners' China division. "KIP focuses on technology start-ups in the financial industry, and Meixin Global has very deep understanding and solid experience in the field."
Founded in 2015, Meixin provides a number of global...
This news article comes via China Money Network, who is the copyright owner of this information and news. FintekAsia.com 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