[ Dashu Finance raises $118M in Series C funding ]

Dashu Finance has raised $118 million in Series C funding.

Founded in 2014, Dashu Finance  is a specialized credit facility that offers small- and micro-business owners with unsecured credit loans from institutional investors. Owners can take out education, corporate credit, rent, and car loans.

The capital will be used to improve its risk control technology, as well as invest more on the research and development of new financial services based on advanced technologies.

Funding  Series C
Founded  2014
Country  China
City  Shenzhen, Guangdong Province
Founder / CEO  Liu Bo
Deal Size  $118M
Investors  PAG
 Primavera Capital Group
Previous Investors  PAG
 Sequoia Capital