HSBC Backs China’s Dowsure in Series C
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HSBC has doubled down on Shenzhen-based FinTech Dowsure, leading its latest Series C after first investing back in 2023. The amount wasn’t disclosed, but the bank says the move reflects its commitment to serve the fast-evolving needs of cross-border merchants in today’s digital economy.
Founded by IBM alum Byron Pei, Dowsure provides cross-border financing solutions that are already integrated with giants like Amazon and eBay.
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