China's Snowball Finance raises $120m Series D
Snowball Finance, a Chinese online financial information platform that subsequently expanded into asset management, has raised $120 million in a Series D round of funding led by Ant Financial, Alibaba Group’s financial services affiliate.
The company did not name any other investors. Its previous round came in 2014 when social networking platform committed $40 million alongside Morningside Ventures. A year earlier it received $10 million...
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