Rural-focused Chinese firm CD Finance nets $154m led by Canada’s TIP

Rural-focused Chinese firm CD Finance nets $154m led by Canada’s TIP

Photographer: SeongJoon Cho /Bloomberg

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).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter