WeConvene's $12.5 Million Series B Round Attracts Institutional and Existing Investors to Accelerate the Company's Global Expansion and Platform Development
CreditEase Fintech Investment Fund leads, Wonderful Sky Financial Group, OSK Ventures International, Among Others, Join as New Investors
HONG KONG and NEW YORK / ACCESSWIRE / March 29, 2017/ WeConvene today announced that new and existing investors have joined the company's $12.5 million series B funding round. The venture firm and round leader was the CreditEase Fintech Investment Fund, along with other investors: Wonderful Sky Financial Group (1260 HK) and OSK Ventures International Berhad (0053 KL), which are also taking part in WeConvene's first institutional round.
Credit Ease's Nina Zhou, who will join WeConvene's Board of Directors, commented that, "WeConvene's focus on innovation for the capital markets stood out to us because it was powered by a technology advantage and competitive strategic partnerships, key criteria for our investments. Global capital market players are looking for digital-first ways to better manage the corporate access process, and WeConvene has developed an agile and intuitive platform for buy-side, sell-side and corporates and has true potential to address a variety of other business needs, all within one elegant solution."
The CreditEase Fintech Investment Fund "aims to support category leaders within the global Fintech space. WeConvene's platform for the global capital markets community is remarkable and has the potential to provide higher agility, transparency and efficiency that the buy-side, sell-side and corporates need as they make a push toward greater digitization," said CreditEase Founder and CEO, Ning Tang. "We are excited to support their global ambitions and expansion plans."
Patrick Yee, Executive Director of OSK Ventures International, added, "WeConvene's ability to forge strategic partnerships and access to global stakeholders sets it apart from its peers. We believe WeConvene will continue to ride on the wave of further financial digitization as investors continue to seek better access to corporates globally."
WeConvene's CEO and founder, Radek Barnert, added, "We are excited to welcome our new investors to the company. With their shared vision and support, WeConvene will be able to accelerate its growth and delivery of exciting solutions to our clients."
WeConvene will use the funding to expand its sales and development teams globally to meet client demand for an independent MiFiD II compliant technology platform that brings a broad range of efficiencies to corporate access workflows.
Established in 2012, WeConvene is the cloud-based meetings and events management and marketing platform that helps the capital markets community book better®. WeConvene makes the creation, distribution, marketing and execution of official meetings and events between analysts, corporates, investors, IR firms, expert networks and investment banks fast and easy, generating better outcomes including greater team efficiency, increased meeting attendance and enhanced client satisfaction. For more information please visit WeConvene.com. For a demo or sales introduction please click here to request now.