[ CompareAsiaGroup raises $50M in Series B ]

CompareAsiaGroup has raised $50 million in Series B funding.

Founded in 2013, CompareAsiaGroup  is Asia’s leading personal finance management platform. The Group helps people across Asia save money and make better choices about personal finance with comprehensive, free and independent online comparison and management tools for insurance, credit cards, personal loans and other financial products.

The company will use the new funds  to improve user experience across its sites and grow its team.

Funding  Series B
Founded  2013
Country  China
City  Hong Kong, Hong Kong Island
Founder / CEO  Sam Allen
Deal Size  $50M
Investors  International Finance Corporation
 H&Q Asia Pacific
 Route 66 Ventures
 ACE & Company
 Nova Founders Capital
 SBI Group
 Alibaba Entrepreneurs Fund
 Goldman Sachs Investment  Partners
Previous Investors  Nova Founders Capital
 Goldman Sachs
 ACE & Company
 Route 66 Ventures
 Jardine Matheson Group
 Owen Van Natta
 Mark Pincus