China's Sunshine Insurance Group Corporation has led a RMB500 million (US$73 million) series C round of financing in QuantGroup, a financial technology start-up. Fosun Capital, Guosen Hongsheng Investment Co., Ltd., and other undisclosed investors also participated in the round. "We will cooperate with QuantGroup on credit guarantees for insurance products," said Zhang Ling, an investment […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.