The fintech ‘Moguyun.com’ won a A-round financing of $42 million led by KIP

“Moguyun.com”, a fintech company, won $42 million A-round of financing led by KIP and followed by Richland Equities and South China Venture Capital. This round of financing will mainly be used to develop sinking markets and expand insurance services.

Moguyun.com was founded in 2014 to provide SaaS and operational services for financial institutions with small financial programs that combines gamification and socialization.