Investec Bank Leads an US$84 Million Round for Lending Platform Jimubox (Asia)

Source: Jimubox

Specialist bank and asset manager Investec Bank has led an US$84 million Series C funding round for China-based peer-to-peer online lending platform Jimubox, with participation from Haitong Kaiyuan, the private equity arm of Haitong Securities. Mandra Capital and Zhong Capital Fund, along with existing investors Matrix China Partners, Xiaomi, Shunwei Capital Partners, Ventech China and Magic Stone Alternative, also took part in the round.  The Jimubox platform facilitates SME loans and individual consumption loans for under-banked Chinese borrowers by providing direct investment opportunities to RMB investors through an online marketplace.