The Commonwealth Bank of Australia (CBA) has today announced the signing of a Memorandum of Understanding (MoU) with Ant Financial Services Group’s mobile and online payment platform, Alipay.
Ant Financial raises US$4.5 billion; Global Fashion Group raises US$340 million; Haystack raises $1.1 million
This week has seen Alibaba affiliate Ant Financial raise the largest round an internet company has ever seen, US$4.5 billion at a valuation of $60 billion. Meanwhile, Rocket Internet’s Global Fashion Group has raised US$340 million and Vivint has raised US$100 million. Closer to home, REA Group is to acquire Flatmates.com.au, Rate My Agent has raised $5 million, and Haystack has raised $1.1 million in a seed round.