BEIJING, July 16, 2018 (GLOBE NEWSWIRE) -- CreditEase, a world-class financial technology conglomerate based in Beijing, China, specializing in inclusive finance and wealth management, announced today that its venture fund, CreditEase FinTech Investment Fund (“CEFIF”) has been ranked No. 3 globally in “The Most Active FinTech VCs” list by CB Insights.

The list includes many well-respected global FinTech venture capital funds. CreditEase Wealth Management’s Fund-of-Funds (FOFs) is proud to be a limited partner in many of top ranked fintech VCs. This unparalleled achievement demonstrates CreditEase’ global investment capabilities and strong expertise in global FinTech innovation.

Founded in early 2016, CreditEase FinTech Investment Fund (“CEFIF”) has an equivalent of US$ 1 billion in total committed capital in both RMB and US Dollars. The Fund has invested in over 45 fintech companies globally, with China and the United States as the primary investment markets. Five of the portfolio companies have become unicorns, including Circle Financial, a global crypto finance company has recently become a leading unicorn in its sector, Funding Circle, the UK's largest SME marketplace lender, Tradeshift, a cloud-based business commerce platform, Tiger Brokers, an online stock brokerage startup, and Dasouche, a leading platform of new retail and new finance for the automotive industry in China.

CB Insights also released the “20 Smart People” in financial services list in June 2018. Anju Patwardhan, Managing Director of CreditEase FinTech Investment Fund, was among those honored on the list.

About CreditEase FinTech Investment Fund
Founded in February 2016, CreditEase FinTech Investment Fund (“CEFIF”) is a venture fund investing in FinTech companies globally. CEFIF has an equivalent of $1 billion in the total committed capital. The fund invests in five sub-segments within the domain of FinTech: Lending, Payment, Personal Finance/Wealth Management, Enterprise Solutions, and Insurance.
www.cefintechfund.com

About CreditEase
CreditEase is a leading FinTech company in China, specializing in inclusive finance and wealth management, in addition to payment technology, marketplace lending, crowdfunding, robo-advisory, insurance technology and blockchain products and services. CreditEase actively engages with global FinTech innovators through business incubation, commercial co-operation, and investment. Better tech, better finance, better world.
www.creditease.cn

About CB Insights

CB Insights is a leader in the Expert & Augmentation Software (EAAZ) space. It analyzes data on private companies in emerging industries to provide predictive intelligence on company health and strategy, investor performance and technology adoption trends.

Contacts:

CreditEase Corporate Communications

Shirley Xu  yanxu14@creditease.cn  

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