CBiGroup, a US-based FinTech company, has successfully raised $15 million in Series A funding, with the investment led by Alpol Capital Family Office.
The newly acquired funds will be utilized to enhance research and development, focusing on new technologies to drive product innovation. CBiGroup plans to explore advanced AI to deliver superior, innovative cross-border payment and international financial solutions.
“We are thankful for the trust and support from our investors. This funding not only acknowledges our accomplishments but also fuels our future growth. CBiGroup will remain dedicated to innovation and enhancing user experience, utilizing advanced AI to offer top-quality, innovative cross-border payment and international financial solutions,” stated Jiangtao Sun, founder of CBiGroup.
CBiGroup offers a wide range of global financial services for businesses involved in international trade. Their services include corporate banking, global transfers, Visa and UnionPay cards, and support for transactions in 163 countries and regions. With partnerships spanning over 120 banks and financial institutions, CBiGroup has established a dependable global clearing network, meeting the diverse payment and asset allocation needs of more than 100,000 international businesses and users.
CBiBank, a subsidiary of CBiGroup, provides several advantages over traditional banks:
- Friendly and efficient account opening processes, typically completed within a week.
- Fully online operations accessible from any location with an internet connection.
- Customized services for businesses involved in international trade, featuring a user-friendly interface.
- A responsive customer service team to swiftly address issues.
- Comprehensive product offerings, including linked corporate and personal accounts, as well as specialized UnionPay and Visa card solutions.
CBiBank’s almost entirely online procedures simplify cross-border payments, global transfers, and forex trading, delivering convenient, secure, and efficient financial services anytime, anywhere.
“We believe in CBiGroup’s leading position and growth potential in the industry. This investment will help CBiGroup achieve significant breakthroughs in fintech,” said Daniel Morra, CIO of Alpol Capital Family Office.
Source: ibsintelligence.com
