PYMNTS - May 10 - Snowball Finance Beijing Internet Information Technology Co., an online financial information and social network portal backed by Ant Group, is looking into a $300M American IPO. Founded in 2010, Snowball - or "xuequi," in Chinese - says its goal is to help users build their wealth "like a snowball." Last year, the company raised $120M in a Series E funding round led by Orchid Asia Group.
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