China Ant Financial acquired US eye scan startup for $70 million
Chinese firm Ant Financial Group has acquired US eye scan startup EyeVerify for $70 million.
EyeVerify is founded in 2012. The Kansas City, Missouri-based company, has raised $13 million in funding from Wells Fargo, Samsung, Sprint and China Qihoo 360 and provides a secure mobile eye verification technology. Ant Financial is the payments affiliate of Alibaba Group. Businesses operated by Ant Financial include Alipay, Ant Fortune, Zhima Credit, MYbank and Ant Financial Cloud.
To see a list of investors from China similar to Ant Financial, check the Chinese Investors Directory.
More details follows