Mingdaojinkong, a Chinese investment firm, has led a RMB300 million (US$45 million) series E round in Fangsiling, a start-up offering rent installment payment options to young professionals in China. Financial services firm 9F Bank, 9C Capital, Will Hunting Capital and Fengjr.com, an asset management platform under Phoenix Satellite Television Holdings Ltd., also participated in the round, according to a company announcement. Founded in 2015 and headquartered in Nanjing city, Fangsiling offers rent installment services to both tenants and landlords. It …

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