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Marathon Venture leads $6.4m round in HK fintech firm Lion Rock

Thursday, December 14, 2017

(DealStreetAsia by Tomas Noda III) - Marathon Venture Partners has led a $9.4-million funding round in Hong Kong fintech company Lion Rock Fintech Ltd, the company said in a statement. 9F Inc, the strategic investor who backed Lion Rock’s previous round of financing, also invested in this round. The NYSE-listed fintech company Yirendai participated as a new strategic investor.

The transaction is subject to approval from the Hong Kong Securities and Futures Commission. Upon completion, Lion Rock will own Noble Apex Advisors Ltd, a SFC licenced company.

Noble Apex operates iFund, an online fund distribution platform that offers over 1,000 mutual funds from over 50 different asset management companies.

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