In a couple of deal developments in China, fintech firm Hairongyi.com has raised $29million Series A from Qingdao Ronghai state owned asset management company while bike sharing startup, Xiaoming Bike, raised a Series B investment from NewMargin Capital.
Fintech startup Hairongyi.com gets $29m from Ronghai
Financial technology firm Hairongyi.com has raised a RMB200 million ($29 million) series A from Qingdao Ronghai state-owned asset management company.