New fundings in China on May 15, 2017

Zhongan Financial Holding (中安金控), a 3-year-old, Hangzhou-based automotive financial service provider, has raised RMB 220 million in Series A funding led by Haitong Kaiyuan Investment (海通开元), with participation from Huaxin Capital (华信资本), Yingduhui (盈都汇), Homsun Capital (弘信资本) and Sunyard (信雅达).

FiSports (斐动体育), a 1.5-year-old, Shanghai-based sports startup whose business involves sports technology, game operations, brand promotion and sponsorship services, club management, as well as the sports media production and distribution, has raised RMB 120 million in a strategic investment by Baifu Holdings (柏富控股).

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Sheila Yu

Sheila Yu is a Shanghai-based technology writer. She brings readers the biggest news from Chinese language tech media. Reach her at sheila@technode.com.