Tuesday, 16 September 2025
28.2 C
Singapore
32.1 C
Thailand
29.4 C
Indonesia
27 C
Philippines

In brief: Tencent and JD invest in auto financing startup, Linkfin Technology

Shanghai-headquartered fintech startup, Linkfin Technology, has closed a US$50 million Series B equity financing round. This round was jointly led by JD Digits and Tencent. Bertelsmann Asia Investments, which was the investor for the company’s Series A round, also participated in this round. The current valuation of the startup, which was founded in June 2017, […]
  • Shanghai-headquartered fintech startup, Linkfin Technology, has closed a US$50 million Series B equity financing round.
  • This round was jointly led by JD Digits and Tencent. Bertelsmann Asia Investments, which was the investor for the company’s Series A round, also participated in this round.
  • The current valuation of the startup, which was founded in June 2017, was not disclosed.
  • By linking with small and medium sized banks in China, Linkfin Technology provides auto-backed loans to micro and small businesses and individuals who are in need of cash.
  • JD Finance, an app of JD Digits, has been directing its users to Linkfin, according to Chinese media outlet, The Beijing News.

Hot this week

Samsung could launch two Galaxy Z Fold8 models in 2026

Samsung may release two Galaxy Z Fold8 models in 2026, including one with a square-like screen, alongside the Galaxy Z Flip8.

Best gaming keyboards 2025: Top picks for performance, comfort, and customisation

Discover the best gaming keyboards of 2025, rated for performance, wireless speed, customisation, and value.

Apple brings new health features to older Watch models

Apple adds hypertension notifications and Sleep Score to older Watch models with watchOS 26, expanding health tools beyond its newest devices.

iOS 26 introduces icon tinting to match iPhone cases

iOS 26 introduces a new icon tinting feature that matches iPhone Home Screen icons to MagSafe cases or the device itself.

Microsoft removes publishing fees for Windows app developers

Microsoft removes publishing fees for Windows app developers, making it free to publish apps worldwide and encouraging broader innovation.

Biwin unveils Mini SSD, a tiny storage device that could replace microSD cards

Biwin launches Mini SSD, a tiny yet powerful storage device that could replace microSD cards if industry standards are adopted.

Apple brings major upgrades to Powerbeats Pro 2 with iOS 26

Apple adds heart rate, fitness, and smart usability upgrades to Powerbeats Pro 2 with iOS 26, launching on 15 September.

UltraGreen.ai secures US$188 million anchor investment at US$1.3 billion valuation

UltraGreen.ai secures US$188 million anchor investment led by 65EP, Vitruvian, and August, valuing the firm at US$1.3 billion.

ConnectingDNA launches AI-powered DNA wellness marketplace in Singapore

ConnectingDNA launches the world’s first AI-powered DNA wellness marketplace in Singapore, offering personalised health insights and secure data protection.

Related Articles

Popular Categories