US asset management giant the Carlyle Group has invested in two major Chinese fintech firms . The company subscribed to the series C equity shares of Ant holdings , a subsidiary of Ant holdings . Financial details of that investment have not been revealed . It also backed loan and investment services firm Du Xiaoman , also known as Baidu investments , to the tune of $ 1.9bn .
US asset management giant the Carlyle Group has invested in two major Chinese fintech firms. The company subscribed to the series C preference shares of Ant International, a subsidiary of Ant Financial. Financial details of that investment have not been revealed. It also backed loan and investment services firm Du Xiaoman, also known as Baidu FSG, to the tune of $1.9bn.