SoftBank’s Vision Fund 2 contributed to the e-invoicing company’s series D round.

China-based e-invoicing provider Ekuaibao, has raised $154m in a series D round led by internet and telecommunications group SoftBank’s Vision Fund 2, according to DealStreetAsia.

The round also featured Tiger Global Management, Sequoia Capital, Mandra Capital and Future Capital.

Founded in 2014, Ekuaibao provides a software-as-a-service (SaaS)-based online consumption and reimbursement management platform designed to make cost control easier for businesses.

In September 2019, it raised $30m in its series C round led by Tiger Global with participation from Future…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.