Digital payments startup QFPay announced today that it has raised $20 million in new funding led by returning investors Sequoia Capital China and Matrix Partners. MDI Ventures (the investment arm of state-owned Indonesian telecom Telkom Indonesia), Rakuten Capital and VentureSouq also participated as new strategic investors. According to Crunchbase, this brings QFPay’s total raised so … Continue reading WeChat Pay and Alipay partner QFPay raises $20 million to develop new digital payment solutions