New Horizon Leads $80M Series B+ Round In Wacai

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Hangzhou-based Chinese personal finance bookkeeping and management app maker Wacai has received US$80 million series B+ financing round led by New Horizon Capital, according to an announcement posted on the company’s Weibo account.

Ally Bridge Group, GX Capital, as well as existing investors China Broadband Capital, China International Capital Corporation (CICC), IDG Capital, CDH Investments and Qiming Venture Partners all participated.

China Money Network

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