Chinese Fintech Firm Cgtz.com Raises $358m Series D Round Led By Geo-jade Petroleum – China Money Network
Hangzhou-based fintech platform CGTZ.com has raised a RMB2.3 billion (US$357.8 million) series D round led by Shanghai-listed Geo-Jade Petroleum, a Chinese real estate development and oil exploration and production firm. The firm said Geo-Jade Petroleum’s industrial fund and other existing investors also participated in the round, but did not identify the investors. Geo-Jade Petroleum said it will invest no more than RMB500 million in the firm, according to its security filing. Founded in 2013, Caogen Touzi means grassroots investments in … Chinese Fintech Firm CGTZ.com Raises $358M Series D Round Led By Geo-Jade Petroleum appeared first on China Money Network.