Hong Kong fintech player raises $30m Series A
Wednesday, May 15, 2019
(AVCJ by Jane Li) – Hong Kong-based OneDegree, an insurance technology start-up, has raised over $30 million for its Series A led by financial technology-focused investment firm BitRock Capital.
Other participants include Cyberport Macro Fund, an investment vehicle founded by Hong Kong government-based incubator Cyberport, and Cathay Venture, a wholly owned subsidiary of Cathay Financial Holdings. The total includes a first tranche of HK$100 million ($13 million) that closed last year.
