Rong360, the Chinese search & recommendation engine for financial products, announced today US$60 million in Series C funding led by Pavilion Capital Pte and joined by existing investors, Sequoia China, Lightspeed Venture Partners and KPCB. 

The company has raised a total of more than US$100 million, with US$30 million in Series B and US$10 million in Series A.

Rong360 now offers a variety of categories of online financial products, including loan, peer-to-peer lending, credit card, newly created products such as Yuebao and Yulebao by Alibaba. It has aggregated about 50, 000 products from 10,000 banks and financial institutes, according to the company.

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Tracey Xiang

Tracey Xiang is Beijing, China-based tech writer. Reach her at traceyxiang@gmail.com