Our client Shengli Finance has raised USD 7 Million in its Series-A financing round
Updated: Apr 17, 2019
In August 2018, the leading Chinese domestic FinTech company Shengli Financial Software Sytems (Hangzhou) Co. Ltd. announced that it has received CNY 50 million investment in it’s Series A financing round from Yueyu Capital and Yuanhe Huachuang in which CRC acted as the exclusive financial advisor to the firm. This round of financing will be mainly used for team expansion, product development, technology research and marketing.
The company's main business is to provide financial system products and services to domestic financial institutions and professional investors. Shengli is positioned as the most professional service provider in the domestic financial market, focusing on fast trading and market systems, financial asset management systems with support for securities, futures, stocks and derivatives. After years of investment in research and development, Shengli has created a set of core software and hardware products, which has achieved insurmountable technology advantages and laid a solid foundation for the continuous expansion of business.
Mr. Liu Feng, CEO of Shengli Finance Software Systems, said: “The Shengli team has witnessed countless changes and innovations in the global financial market for 20 years, and has always focused on using the most suitable technology and the best tools to meet the requirements of the financial sector to create a more stable and efficient financial system. After the completion of this round of financing, we will continue to provide high-performance financial systems, strengthen our customer services, expand research and development team, accelerate technological innovation, and accelerate the expansion to overseas markets and digital asset trading. ”
Mr. Aaron Zhang, the Founder of CRC, said: “Shengli Finance is a rare Chinese Fintech company with absolute international competitiveness. We believe that with the further integration of domestic stocks and derivatives markets with international standards, Shengli can become the market leader in China and as well as in overseas markets. At the same time, the company's technology has great potential in the field of digital asset trading, and we are very much looking forward to Shengli Financial's phenomenal digital asset trading system."