Tech Company Financing Transactions
ANT Financial Funding Round
On 4/27/2016, ANT Financial announced $4.5 billion in financing from China Investment Fund and private investors.
Transaction Overview
Company Name
Announced On
4/27/2016
Transaction Type
Venture Equity
Amount
$4,500,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Ant Financial said that it will work with CIC to expand its footprint overseas "to provide equal access to financial services globally.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
6/F Chuangye Mansion East Software Park No.99 Huaxing Road
Hangzhou, 310099
China
Hangzhou, 310099
China
Phone
Website
Email Address
Not Recorded
Overview
Alipay is an online payment services provider. Founded by the Alibaba group, it allows individuals and businesses to execute payments online in a secure manner.
Management Team
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