equity financing - FinTecBuzz

ZhongAn Raises $500M in H Share Placement for Growth

July 7, 20253 min

ZhongAn Online P & C Insurance Co., Ltd. (“ZhongAn” or the “Company“; HKEX: 6060) announced on July 4 the successful completion of its H share placement, raising gross proceeds of approximately HK$3.92 billion (US$500 million). This marks the Company’s first equity financing since its 2017 IPO and signifies a major milestone in advancing its growth strategy. A total of 215 million new H shares were issued at HK$18.25 per share, representing approximately 12.76% of the Company’s enlarged share capital. The placement achieved...

by FTB News Desk

Brokers/Trading Platforms

Brazilian Fintech REBEL Raises Series A Preferred Equity Financing

October 30, 20186 min

Funding was led by XP Asset Management and Point Break Capital, along with existing investors monashees+ and JMallucelli REBEL Tecnologia e Correspondente Bancário Ltda (“REBEL”), a leading Brazilian fintech startup with a focus on online credit for the middle class, has just announced a Series A investment round of $4 million USD. The round was led by XP Asset Management, an affiliate of XP Group, Point Break Capital, and existing investors monashees+ and JMalucelli, with additional participation from...