Ant Group

Formerly known as Ant Financial, Ant Group is one of China's biggest financial companies and is an affiliate of the Alibaba Group. It operates Alipay, China's largest digital payment platform.

Ant Group unveils AI financial manager Maxiaoca

It has attracted 70 million monthly active users as of August 2024.

Mobile payments by tourists in China rise sixfold

The number of international tourists using mobile payment services quadrupled.

DBS pilots blockchain-backed treasury tokens for treasury, liquidity mgmt

The tokens enable collaborator Ant Int’l to reduce settlements into seconds.

HKMA rules out new virtual banking licenses

Competition is keen in the market and enquiries have declined.

BNP Paribas, Ant Int’l ink MOU to enhance cross-border payments

The MOU includes the further development of Ant’s Whale platform.

Alipay+ payments now available in European taxi app FREENOW

Tourists from China, Hong Kong, and Malaysia can use their local e-wallet to pay.

Ant Group and Mastercard extend payments program to Chengdu, Chongqing

Tourist spending using Ant Group’s digital payments rose 13-fold in the two cities.

Ant International acquires Dutch payment service provider MultiSafepay

Ant will integrate MultiSafepay into its subsidiary Antom.

Ant Group, Mastercard launch International Consumer Friendly Zones program in Shanghai

It will improve the travel experience for global visitors and boost local businesses in China.

Ant Int'l inks MOU to ramp up Saudi Arabia expansion

The Ministry of Investment of Saudi Arabia formally expressed support for Ant’s plans.

Alipay+ enables 14 foreign e-wallets to pay in Hong Kong

About 90% of HK merchants now accept payments using foreign e-wallets.

Ant Group seeks to boost foreign payment accessibility in China

The group plans to expand bilingual support, amongst other enhancements.

Ant Group raises transaction limits in China for foreign users 

Ten partner wallets can now enjoy the increased limits.

Ant Group outbids Citadel for Credit Suisse’s China investment bank venture: report

But this faces a “thorough review” because China favors a foreign buyers, sources said.

Partner insurer payout leaps 23% YoY through Ant Group's insurance arm

Health insurance claims contributed about 5 million claims processed by partner insurers on Ant Insurance