Xiaomi-backed cross-border broker joins unicorn ranks

Having ridden the US bull market, Tiger Brokers has sealed a series-C round of funding that values it at more than $1 billion.

China has a new fintech unicorn: Xiaomi-backed online stock brokerage startup Tiger Brokers, which on Wednesday closed a Rmb500 million ($75 million) series-C round of funding, giving it a total valuation of $1.06 billion.

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