Beijing based expense management company raised $140m in Series C plus funding led by DST Global.
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Fenbeitong raises $140m in Series C funding
“It’s all rooted in the vision of building a one-stop corporate spend platform,” said the founder and CEO of Fenbeitong, Henry Lan. “To achieve that, we partnered with airlines, hotels, rideshare platforms, and dining platforms to create a seamless travel management experience, invested heavily in building the budgeting and expense control solutions that work for companies in China, and cooperated with multiple banks to set up one-for-all digital accounts.
