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In series B round, iTouzi gets $36M fund from Delta Capital

Beijing-based fiscal technology start-up iTouzi has upraised $36 million US (RMB250

million) in a series B finance round from a Chinese firm Sino Fortune and a single

shareholder, the company declared over its website.

Sino Fortune is an investment allotment company with control of two listed Chinese

companies, Shanghai-listed Tianjin Quanyechang (Group) Co., Ltd. and Shenzhen-

listed Cultural Media Co., Ltd. & Hunan Tianrun Digital Entertainment.

Sun Jiexiao, the solo financier is who controls Shenzhen-listed Suzhou Chunxing

Precision Mechanical Co., Ltd.

Originated in 2013, Beijing-based iTouzi formerly raised up US$10 million in a series A

round from Delta Capital in 2015, one of development equity investment firm of China.

Unlike from other P2P (peer-2-peer) offering start-ups, iTouzi concentrations on

provided that stock raising and assurance services to small and medium enterprises, in

what it calls P2C (peer-2-corporation) business model.

The company privileges to have smoothed transactions computation RMB 21.6 billion

cumulatively.

Established in 2010, Delta Capital accomplishes five RMB funds and one U.S. dollar

fund. This includes RMB 3 billion total assets under management.

In series B round, iTouzi gets $36M fund from Delta Capital
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