Comment on Mobile Financial Service Tongbanjie Books Tens of Millions of Dollars in Series A Financing by Personal Finance App Tongbanjie Claims Nearly US$50M of Series B Financing - TechNode

['Emma Lee', 'More Emma Lee', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] Comments for TechNode 2013-12-11 00:00:00

Mobile financial app Tonbanjie secured tens of millions of dollars in Series A funding led by IDG Capital. It established in-depth cooperation with Fund123 and Guohua Life, as well as several professional institutions, helping users to leverage profits and risks. It is worth noting that Tongbanjie do not have access to user’s capital. All the transactions were conducted within the system of financial institutions under banking supervision. IDG Capital is bullish on the team and prospect of online finance industry.