CD Finance, a financial services provider with a focus on rural China, has garnered 1 billion yuan ($154 million) in an equity financing round led by Teachers’ Innovation Platform (TIP), part of Canada’s Ontario Teachers’ Pension Plan (OTPP).
The round also saw participation from ABC World Asia, a Singapore-based private equity firm established by Temasek Trust, Temasek, and Pavilion Capital in 2019.
