Global Market: Ant International Raises $1.2 Billion to Fuel Global Expansion
Existing investors Ant Group and Alibaba Group joined the round as Ant International targets merchant payments and other financial services for enterprises.
- On Tuesday, Singapore-based fintech Ant International announced a $1.2 billion Series A funding round to accelerate its global expansion and innovation.
- Spun out of China's Ant Group in 2024, the firm operates independently across Asia, Europe, the Middle East, and Latin America with a digital payment focus.
- Through four main business pillars—Alipay+, Antom, WorldFirst, and Bettr—the company connects over 150 million global merchants to more than 2 billion user accounts.
- Existing investors Ant Group and Alibaba Group participated in the round alongside international institutions, with Reuters reporting a $10 billion valuation last month.
- Management intends to accelerate innovation in merchant payment services and account management, focusing on inclusive financial services for SMEs and enterprises globally.
19 Articles
19 Articles
Ant International raises $1.2bn to fund its payments push beyond China
Ant International, the overseas affiliate of Chinese fintech group Ant Group, has raised about $1.2 billion in a fresh equity round to fund its expansion into markets beyond its home turf. The company confirmed the raise, describing it as capital to speed up international growth and deepen its work in merchant payments, account management, and financial services […] This story continues at The Next Web
Ant International secures $1.2 billion Series A backed by Alibaba and Ant Group
Ant International has completed a roughly $1.2 billion Series A funding round, securing backing from Ant Group, Alibaba, existing shareholders, and global investment firms to expand its international fintech business and AI capabilities. Chinese media outlet Yicai reported on Tuesday…
The Economic Times
Times of IndiaGlobal Market: Ant International raises $1.2 billion to fuel global expansion
Ant International has raised $1.2 billion in a fresh funding round backed by Ant Group and Alibaba to accelerate its global expansion across merchant payments, financial services and enterprise solutions.
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
