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Zhang Jinrun

 Chinese firm Erenhot Heng Xin invested $7 million in fintech company

telegraphmoney-china.jpgChinese mining firm Erenhot Heng Xin Trade has acquired 30% stake in financial technology firm Telegraf money for $7 million.

Telegraf Money allows members to communicate with each other, and instantly send funds and receive loans online. Erenhot Heng Xin is headed by Zhang Jinrun as general director.

To see a list of investors from China similar to Erenhot Heng Xin, check the Chinese Investors Directory.

More details follows:

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