Chinese online stock brokerage startup Tiger Brokers announced that it has closed an $80-million Series C round at a valuation of $1.06 billion, making it the latest unicorn startup in China.
The round was joined by Prospect Avenue Capital (PAC), Orient Hontai Capital, Oceanpine Capital and others, said Tiger Brokers in an announcement today. The fresh capital will be used for product and technology research and development as well as talent expansion.