CreditEase has been reporting significant fintech investment from a range of fintech funds managed by the firm; it announced this week that its CreditEase Wealth Management Offshore Private Credit Fund (OPCF) was investing $30 million in OnDeck and LendingHome and that it also had plans for another Offshore Private Credit Fund (OPCF II) focused on fintech with a $200 million investment target; at LendIt USA 2017 the firm announced three new fintech investments for its CreditEase Fintech Investment Fund (CEFIF) which has $1 billion in total committed capital; it's also investing in Israeli fintech through two funds focused on tech startups in Israel. Source
CreditEase Fintech Investment Fund (CEFIF) announced three investments in new fintech companies at LendIt USA 2017; the investments were a series C round in Trumid, an electronic trading platform for the bond market, series B round in WeConvene, an online corporate access management ERP provider for capital markets, and a seed round in WorldCover, an innovative peer-to-peer insurance network; Anju Patwardhan, senior partner of CEFIF, said: "We believe the Chinese fintech market will continue to grow in 2017 and beyond, as many three to five year-old companies have grown into large-scale operations. We expect many of these to mature into high-quality, mid-to-late stage companies." Source