8 Securities, a Hong Kong-based social trading & wealth management service that claimed to managing over US$750 million assets for individual investors, has secured US$9 million in Series B funding to accelerate its marketing and customer growth in Japan and Greater China.

“We will use the new capital almost exclusively for advertising our new products of Auto Portfolio (an automated portfolio service released today) and Social Trading (slated for release in early fall) in Japan. Furthermore, we will be entering Mainland China in 2014 where we have ambitious growth plans.” said Mikaal Abdulla, CEO of 8 Securities.

The new round includes participation from leading financial technology venture funds in both the US and China. 8 Securities’ original investors like Velocity Capital and Leitmotiv Private Equity,  which joined a US$8 million round in 2012, also participated in the round. 

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.