The e-commerce company has provided $40m for stock trading platform Motif Investing, increasing the company's total funding to $126m.
China-based social media network Renren has invested $40m in US-based stock trading platform Motif Investing, the Wall Street Journal reported yesterday.
The series E capital brought Motif’s overall equity funding to $126m. Investment banks Goldman Sachs and JP Morgan Chase backed a $35m series D round in May 2014, after Goldman Sachs had invested in its $25m series C the revious year, along with Norwest Venture Partners.
Motif’s other investors include Foundation Capital, Ignition Partners, Balderton Capital and Wicklow Capital.
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