The firms acquisition strategy-which is now focused outside China-has been driven by USD 554 million of funds that it has raised since 2014.
In January 2017, Credit China unveiled a USD 30 million investment in San Francisco-based blockchain technology firm BitFury Group.
Since 2013, Credit Chinas investments have focused on financial technology-related markets such as third-party payments and peer-to-peer lending, a strategy that boosted transactions on its online platforms to 92.6 million in 2016 from 1.8 million in 2014.
The firms investments include third-party payments company UCF Huisheng Investment (HK) and a controlling stake in mobile games operator Shenzhen Qiyuan Tianxia Technology. In 2016, the company made its first majority investment outside China by acquiring a 51% stake in Vietnams Amigo Technologies Joint Stock.
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