Regulatory technology service provider SureXing Tech closes Pre A round

SureXingTech has secureda Pre-A round of financing of tens of millions of yuan, and the investor was Lianshengtai Fund. The proceeds will be used in product development, talent introduction and market expansion.

SureXingTech has secureda Pre-A round of financing of tens of millions of yuan, and the investor was Lianshengtai Fund. The proceeds will be used in product development, talent introduction and market expansion.

In the meantime, the company also officially announced the release of a new generation of financial anti-fraud and risk warning system.

Established in 2017, SureXing Tech is a provider of fintech solutions intended to serve the financial regulatory sector. The company utilizes artificial intelligence and big data technologies to provide quantitative analysis on financial risk, enabling clients to proactively react to potential risks and regulatory violations. Clients can also utilize the company’s solutions to provide due diligence on target companies they intend on investing in.

On the team side, the members of the core team of SureXing Tech have many years of management experience in prestigious companies such as Microsoft and IBM. To date, the company has about 30 team members and has localized sales and support teams in Hangzhou and Guangzhou.

This year, SureXing Tech will also plan to establish a Beijing branch to enter the northern China market, and the size of its team is expected to double.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/04/regulatory-technology-service-provider-surexing-tech-closes-pre-a-round/.

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