Creditease invests in wefox Group

premium
Q+
14/03/2019Article

CreditEase, a Beijing-based leading FinTech conglomerate in China, announced today that its direct investment arm, CreditEase FinTech Investment Fund (CEFIF), participated in wefox Group's $125 million USD Series B, a fast-growing Berlin-based insurtech firm together with Mubadala's newly created European Ventures Fund. 

Want to keep reading?

You are trying to access premium content, currently reserved for Qorus members only. See all the benefits of joining the world’s leading peer-to-peer intelligence organization in financial services.

Leverage collective expertise and innovation to transform finance

Our global ecosystem brings together exclusive insights, interactive events, innovation hub and topical communities all in one place.

Related news & insights

Innovation Awards Hub
01/06/2025Article

The 2025 Qorus-Infosys Finacle Banking Innovation Awards submission guide

The Qorus-Infosys Finacle Banking Innovation Awards are open for entries until June 11, 2025. Here's a guide to everything you...

ESG
26/05/2025News

Barclays and VIVID launch first loan backed by National Wealth Fund Retrofit Scheme

£50 million deal to support energy-efficient upgrades for 2,000 homes

Insurance
20/05/2025News

Generali builds open insurance strategy around APIs

With nearly 9 out of 10 IT decision-makers reporting difficulty in integrating data from disparate systems, and only 28% of...

ESG
19/05/2025News

Stanbic IBTC powers solar access in Nigeria with $80 million deal

The financing will support Sun King’s pay-as-you-go model, enabling millions of Nigerians—especially those in off-grid and underserved communities—to access affordable...

Digital Reinvention
06/05/2025News

PayPal’s boldest bet yet: Going head-to-head with cash in German retail

"Better Than Cash" isn’t just a slogan—It’s PayPal’s new retail strategy

Digital Reinvention
05/05/2025News

NatWest introduces family-backed mortgage to boost first-time buyer affordability

Family-backed lending meets strategic affordability shifts in a move that could rattle competitors.

Digital Reinvention
30/04/2025Article

What banks need to know to prepare for the impacts of the FiDA regulation

The EU’s proposed Financial Data Access (FiDA) framework promises transformative impacts for banks and other financial institutions.

SME Banking
30/04/2025News

Wirex unveils new banking platform tailored for Web3 and crypto businesses

The platform delivers a full suite of financial tools to help these businesses manage their operations securely and efficiently in...