While we love to highlight American innovation and investment in fintech, we still function within a global arena. The VC deal featured today was just too large not to cover. Beijing-based Qufenqi, an installment plan e-commerce platform, closed on $449M USD on a Series F round of funding, with total equity funding of $874M to date. Unless you're fluent in Mandarin, you'll not have much success navigating their website - http://qd.qufenqi.com/ - but it's worth noting the significant investment in fintech occurring in Asia at the moment, as evidenced by this massive deal.
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