FinTech CBiGroup secures $15m Series A funding to boost R&D

By Delisha Fernandes

CBiGroup, a FinTech Group based in the US, has secured $15 million in Series A funding led by Alpol Capital Family Office.

CBiGroup will use the funds to boost research and development, investing in new technologies to enhance products and drive innovation. The company aims to explore technologies and leverage advanced AI to deliver high-quality, innovative, cross-border payment and international financial solutions.

“We are grateful for the trust and support from our investors. This investment recognizes our achievements and motivates our future growth. CBiGroup will continue to focus on innovation and user experience, leveraging advanced AI to provide high-quality, innovative cross-border payment and international financial solutions,” said Jiangtao Sun, founder of CBiGroup.

CBiGroup provides comprehensive global financial services for businesses engaged in international trade. The company offers corporate banking, global transfers, Visa and UnionPay cards, and support clients’ transactions across 163 countries and regions. With partnerships with over 120 banks and financial institutions, CBiGroup has built a reliable global clearing network, addressing various payment and asset allocation needs for over 100,000 international businesses and users.

CBiBank, a subsidiary of CBiGroup, offers several advantages over traditional banks:

• Friendly account opening approaches and efficiency processing with an average of one week.
• Fully online operations accessible from anywhere with an internet connection.
• Tailored services for businesses engaged in international trade with user-friendly interface.
• Responsive customer service team to quickly resolve issues.
• Comprehensive product offerings, including linked corporate and personal accounts, special UnionPay and Visa card solutions.

CBiBank’s nearly fully online processes simplify cross-border payments, global transfers, and forex trading, providing convenient, secure, and efficient financial services anytime, anywhere.

“We believe in CBiGroup’s leading position and growth potential in the industry. This investment will help CBiGroup achieve significant breakthroughs in fintech,” said Daniel Morra, CIO of Alpol Capital Family Office.