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China Rapid Finance Raises Initial Round of Series C Financing At US$1 Billion Valuation

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SHANGHAI--(BUSINESS WIRE)--China Rapid Finance, China’s largest online consumer lending marketplace serving online users and China’s emerging middle class,1 today announced an initial closing of US$35 million in its Series C round of financing at a pre-money valuation of US $1 billion. The round was led by Broadline Capital, a global private equity firm, and joined by a prominent global family office through UBS Investment Bank as well as other investors. “We welcome the substantial financial a

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