Chinese Fintech Firm CreditEase Joins $125M Round Of European Insurtech Start-Up

Chinese fintech conglomerate CreditEase announced on Wednesday that its investment unit, CreditEase FinTech Investment Fund (CEFIF), participated in a US$125 million series B financing round of Berlin-based insurance technology firm Wefox Group. The investment also saw the participation of European Ventures Fund, a newly-launched investment vehicle of Abu Dhabi’s sovereign wealth fund Mubadala. Founded in […]

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