Ant Financial

Alipay Partners With Openpay In Mexico

Alipay Partners With Openpay In Mexico
Alipay Partners With Openpay In Mexico
March 20, 2018  |  Latin America

Pushing its footprint even deeper into the Americas, Ant Financial’s Alipay — China’s leading payment provider and the primary means of online and mobile payment for Chinese consumers...

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First Data Expands Alipay Acceptance To 600M Chinese Users
First Data Expands Alipay Acceptance To 600M Chinese Users
March 19, 2018  |  Mobile Payments

Ant Financial’s Alipay is expanding across North America as it broadens its partnership with First Data, the companies announced Monday (March 19). Get the Full...

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Ant Financial Buys 45 Percent Stake In Telenor Microfinance Bank
Ant Financial Buys 45 Percent Stake In Telenor Microfinance Bank
March 14, 2018  |  Investments

Telenor Group announced news on Tuesday (March 13) that it made a strategic partnership with Ant Financial Services Group in which Ant acquires a 45...

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Ant Financial Has $95B In Consumer Loans Even With Government Crackdown
Ant Financial Has $95B In Consumer Loans Even With Government Crackdown
March 12, 2018  |  Loans

Ant Financial, the payment affiliate of China’s Alibaba, has seen its consumer lending business reach 600 billion yuan ($95 billion) even as the company faces...

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South Korean Starbucks Accepts Alipay For Tourists
South Korean Starbucks Accepts Alipay For Tourists
February 12, 2018  |  Mobile Payments

Chinese tourists looking for a coffee fix in South Korea are in luck, as more than 1,000 Starbucks locations across the country now accept Alipay....

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Ant Financial’s Latest Capital Raise Eyes $100B Valuation
Ant Financial’s Latest Capital Raise Eyes $100B Valuation
February 09, 2018  |  South East Asia

Ant Financial — parent firm of Alipay — is reportedly gearing up for a $5 billion equity funding round that could inflate its valuation all...

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Ant Financial Approved To Issue Consumer Credit-Backed Securities
Ant Financial Approved To Issue Consumer Credit-Backed Securities
January 16, 2018  |  Loans

Ant Financial Services Group (which offers Alipay) said on Monday (Jan. 15) that it has garnered approval in China to issue consumer credit backed securities...

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Ant Apologizes Over Credit Scoring Snafu
Ant Apologizes Over Credit Scoring Snafu
January 08, 2018  |  Cross-border Payments

Following an online uproar, Chinese financial giant Ant Financial has apologized for auto-enrolling unsuspecting users of its new shopping profile service in its credit scoring...

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