Venture capital firms including new investor Farallon Capital have taken part in a USD 292m Series E for UK-headquartered cross-border payments platform WorldRemit at a USD 5bn valuation.
EQT IX is expected to be 70-75% invested following the deal
Previous fund held a final close in 2012 with capital commitments of USD 840m
MoU marks LBO France's first foray into the Chinese market, with plans to open a local office
ECI bought the asset from Phoenix less than three years ago