Hangzhou-based P2P (peer to peer) lending platform Weidai has completed RMB150 million (US$24 million) series B financing led by Shenzhen-listed Hakim Co., Ltd, a Hangzhou-based smart building and smart city services provider. According to Chinese media reports, Hakim also led an undisclosed series A funding round in Weidai one year go. Launched in 2011, Weidai […]

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.