Alibaba’s Ant Financial Takes Minority Stake In Security Software Maker V-Key To Beef Up Alipay

 V-Key, a security software maker for mobile apps, has raised $12 million from Alibaba Group affiliate Ant Financial Services and IPV Capital, a venture capital firm based in China. The Series B round means that Ant Financial now has a minority stake in V-Key, which is based in Redwood City, California. A close relationship with V-Key will come in handy for Ant Financial because it operates… Read More