The personal finance management service, which has signed up 100 million registered users, has now raised $130m in its IDG-backed series B round.
China-based financial management app developer Wacai has raised $80m in the second tranche of a series B round featuring IDG Capital, an affiliate of media company IDG, China Money Network reported today.
Private equity fund New Horizon Capital led the tranche, which included Ally Bridge Group, GX Capital, China Broadband Capital (CBC), China International Capital Corporation (CICC), CDH Investments and Qiming Venture Partners.
The company has now raised a total of $130m in its series B round. The $50m first…
