Chinese venture capital provider CreditEase has invested in three New York start-ups, including a bond-trading platform and a peer-to-peer insurance network. CreditEase Fintech Investment Fund, a venture fund backed by Chinese financial technology firm CreditEase to invest in growth-stage fintech companies in China and globally, announced today that it had invested in three fintech companies in the U.S. The Trumid electronic trading platform received series C funding, while WeConvene was given seeding capital. A third start-up, corporate access management provider WeConvene , also received investment from the $ US$18 billion fintech fund, which has now ploughed money into eight companies since its formation in 2015 . Among its roster of growth-stage companies, CreditEase has invested in blockchain payments application Circle and DYCD.com, an auto financial technology platform.
Chinese venture capital provider CreditEase has invested in three New York start-ups, including a bond-trading platform and a peer-to-peer insurance network. The Trumid electronic trading platform received series C funding, while WeConvene was given seeding capital. A third start-up, corporate access management provider WeConvene , also received investment from the $ US$18 billion fintech fund, which has now ploughed money into eight companies since its formation in 2015 . Among its roster of growth-stage companies, CreditEase has invested in blockchain payments application Circle and DYCD.com, an auto financial technology platform.