Firstp2p Raises Series B Round from CITIC Capital, ChinaEquity and San Shan Capital Partners (Asia)

Source: Asian Venture Capital Journal  |  Author(s): Winnie Liu

China-based peer-to-peer lending website Firstp2p has completed a US$41 million Series B funding round from private equity firm CITIC Capital, venture capital firm ChinaEquity and principal investment firm San Shan Capital Partners. Firstp2p will use the new funds to scale its online lending business and add new business lines in wealth management and consumer finance.