Ant Financial

WeChat Pay Rolls Out Utility To Transfer Funds Between Smartphones
WeChat Pay Rolls Out Utility To Transfer Funds Between Smartphones
October 23, 2019  |  Payment Methods

Tencent’s WeChat Pay is launching a new payments feature that lets people transfer funds using a mobile phone number, TechNode reported on Wednesday (Oct. 23)....

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Top News In Payments: PayPal To Roll Out Venmo Credit Card; Mastercard Teams With WHSmith For Pay By Bank
Top News In Payments: PayPal To Roll Out Venmo Credit Card; Mastercard Teams With WHSmith...
October 18, 2019  |  News

Today in the payment’s news roundup, PayPal is teaming with Synchrony Financial to put forward a Venmo co-branded credit card next year. Also, Mastercard is...

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Despite China’s Slowing Economy, Credit Demand Still Strong
Despite China’s Slowing Economy, Credit Demand Still Strong
October 18, 2019  |  International

Chinese online finance giant Ant Financial, headed by billionaire Jack Ma, is seeing an uptick in the desire for credit among small and medium businesses...

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Ant Financial To Invest $600M In Zomato
Ant Financial To Invest $600M In Zomato
October 04, 2019  |  Investments

Zomato is in talks with Chinese payments giant Ant Financial to lead a $600 million funding round for the delivery company, according to a report...

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Agriculture In Ant Financial’s Blockchain Sights
Agriculture In Ant Financial’s Blockchain Sights
October 01, 2019  |  B2B Payments

Tracking agriculture activities via blockchain to digitize activities gains traction through joint Bayer Crop Science and Ant Financial efforts. Elsewhere, Overstock looks toward DLT for...

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Bitcoin Daily: Ant Financial, Bayer Team On Agriculture Blockchain; StrongSalt Gets $3M For Encryption
Bitcoin Daily: Ant Financial, Bayer Team On Agriculture Blockchain; StrongSalt Gets $3M For Encryption
September 27, 2019  |  Bitcoin

Alipay­’s Ant Financial announced that it has partnered with Bayer Crop Science to develop blockchain solutions in the food and crops industry. The companies will...

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Eyeing IPO, Alibaba Gets Go-Ahead To Restructure Ant Financial
Eyeing IPO, Alibaba Gets Go-Ahead To Restructure Ant Financial
September 24, 2019  |  International

Chinese regulators have given the green light to Alibaba to restructure Ant Financial, which will open a path for an initial public offering (IPO) for...

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Ant Financial’s Health Plan Has More Than 50M Participants
Ant Financial’s Health Plan Has More Than 50M Participants
April 12, 2019  |  Healthcare

Ant Financial Services Group, the payment affiliate of Alibaba, launched a health aid plan in China that has landed more than 50 million users. According...

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Ant’s Xiang Hu Bao Brings In 50M Users; Bristol Leads UK In Contactless Payments
Ant’s Xiang Hu Bao Brings In 50M Users; Bristol Leads UK In Contactless Payments
April 11, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes a ranking that shows Bristol as the top city for...

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