Dianrong Increases Series D Round Funding by US$70 Million
Summary
Soul Htite, Founder and Executive Chairman of Dianrong, said, "ORIX is an amazing company with global reach and a proven commitment to innovation and value creation.Investors from earlier funding rounds included Tiger Global Management, AMTD, Northern Lights Venture Capital and Max Giant.The companys sophisticated and flexible infrastructure enables it to design and customize lending and borrowing products and services, based on industry-specific data and insights, all supported by online risk-management and operation tools.ORIXs highly complementary business activities span industries including: energy, private equity, infrastructure, automotive, ship and aircraft, real estate and retail financial services.Related Links SHANGHAI, Jan. 23, 2018 /PRNewswire/ -- Dianrong today announced additional Series D round funding of US$70 million that was led by ORIX Asia Capital Limited, a wholly-owned investment vehicle of ORIX Corporation, and included CLSA, the overseas platform of CITIC Securities, Chinas largest investment bank, which in turn is a part of CITIC Group, one of Chinas largest conglomerates.