EQT to invest in VBill, a leading third-party payment service provider in China
· EQT Mid Market Asia has signed an agreement to acquire 10% primary shares in VBill, a leading third-party payment service provider in China with a focus on small and medium-sized enterprises · EQT will support VBill’s continued customer base growth across city tiers and potential international expansion to become the go-to payment platform with comprehensive product offerings to support merchants · EQT is partnering with VBill’s founding management and its parent company, Hi Sun Technology, to jointly drive VBill’s next growth phase The EQT Mid Market Asia III fund (“EQT” or “