My Credit, aka 51 Credit or 51 Credit Card Manager, announced Wednesday that it has secured a $84 million USD C+ round from Harvest Capital and Yintai Group, raising company’s most recent funding to nearly $400 million USD.

The news comes just one month after a hefty $310 million USD Series C led by Tiantu Capital and A-share listed real estate company Xinhu Zhongbao. The C round is raised at a market valuation of over 1 billion USD, marking the emergence of a new unicorn in China’s tech sector.

Founded in May 2012, My Credit is a top credit management service supplier in China. As the company behind intelligent bill management app 51 Credit Card Manager, the startup now has more than 70 million qualified users with business covering online cards application, wealth management, lending, installment and more.

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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.