CreditEase FinTech Investment Fund, a a venture fund owned by Chinese fintech firm CreditEase, has led a US$62 million series C round in Upgrade, Inc., a San Francisco-based online lending start-up. All major existing investors including Apoletto, FirstMark Capital, NOAH, Ribbit, Sands Capital Ventures, Silicon Valley Bank, Union Square Ventures and Vy Capital participated in the round, according to Upgrade’s press release on Thursday. This US$62 million series C round includes the conversion of all previously issued convertible notes. With …

CreditEase’s VC Fund Leads $62M Series C Round In US Fintech Start-up Upgrade appeared first on China Money Network.


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