Fundz

China’s Cinda Scraps $944M Investment Into Ant’s Consumer Finance Unit

PRIVATEJan 14, 2022

Amount Raised

$944 Million

Round Type

Venture

OtherFinancial ServicesSoftware

Description

China Cinda Asset Management said on Thursday it plans to scrap an agreement to buy a 20% stake in the consumer finance arm of Ant Group, worth 6 billion yuan ($943.83 million).

Quick answer

Cinda raised $944 Million in a funding round, dated January 14, 2022.

How much did Cinda raise?
Cinda raised $944 Million in a funding round on January 14, 2022.
What does Cinda do?
Luggage, travel totes, tennis bags, crossbody bags and fashion accessories by cinda b tastefully blend solid colors with modern prints.

Source: Fundz verified event record.

Who else raised in Financial Services and Software around the same time

Companies in the same sectors as Cinda that raised within 45 days of this round, from Fundz verified event records.

  • Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
  • Anchorage Digital raised $350M (Series D) on December 15, 2021.
  • Perfios raised $68M (Funding Round) on February 25, 2022.
  • Vendr raised $66M on February 24, 2022.
  • Parallel Markets raised $7.2M on February 24, 2022.
  • Xoxoday raised $30M (Funding Round) on February 23, 2022.

Who to call at Cinda, and when

A new round usually means Cinda is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Cinda raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Cinda, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Cinda. With Fundz connected, it knows.

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Company Information

Company

Cinda

About

Luggage, travel totes, tennis bags, crossbody bags and fashion accessories by cinda b tastefully blend solid colors with modern prints. Our poly/nylon fabrics make cinda b bags uniquely lightweight yet durable, water and stain resistant and machine washable. All cinda b products are 100% Made in the USA!

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Cinda raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
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ML-powered predictions for Cinda's next move

See what Strategic adds

Cinda raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.