Ant Financial

Grab Talks To Ant, PayPal About Spinning Out FinTech Unit

Grab Talks To Ant, PayPal About Spinning Out FinTech Unit
Grab Talks To Ant, PayPal About Spinning Out FinTech Unit
March 29, 2019  |  Fintech Investments

Grab, the ride-hailing startup, is in discussions with Ant Financial, the payment affiliate of Alibaba and PayPal, about spinning out Grab Financial Group. Get the...

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Alibaba, Ant Financial Explore Joint Biz Initiatives
Alibaba, Ant Financial Explore Joint Biz Initiatives
March 08, 2019  |  International

To help head up joint business initiatives and work toward the alignment of their long-term interests, Alibaba Group Holding Ltd. and Ant Financial reportedly plan to form...

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Ant Financial Launches Banking As A Service Platform
Ant Financial Launches Banking As A Service Platform
March 07, 2019  |  Digital Banking

Ant Financial Services Group and Jiangsu-based Hoperun Information Technology announced Wednesday (March 7) a new banking product aimed at financial institutions. Get the Full Story...

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Beijing Startup Danke Apts Gets $500M From Ant Financial, Tiger Global
Beijing Startup Danke Apts Gets $500M From Ant Financial, Tiger Global
March 01, 2019  |  Investments

Ant Financial has led a $500 million investment in startup Danke Apartments, a Beijing-based co-living group. Get the Full Story Complete the form to unlock...

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Ant, Tencent, Xiaomi Seek Hong Kong Digital Banking Licenses
Ant, Tencent, Xiaomi Seek Hong Kong Digital Banking Licenses
February 22, 2019  |  Digital Banking

As Hong Kong gears up to roll out digital banking licenses, a few of the largest banks in the world are set to compete with...

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Alipay Will Charge Fees For Repayment By Credit Card
Alipay Will Charge Fees For Repayment By Credit Card
February 21, 2019  |  Consumer Finance

Mobile payment company Alipay is going to start charging a fee of 0.1 percent to customers who use the service to decrease their credit card debt,...

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Hello TransTech Takes On Didi Chuxing In China Ride-Hailing
Hello TransTech Takes On Didi Chuxing In China Ride-Hailing
February 21, 2019  |  Ridesharing

Hello TransTech, the Chinese ride-hailing startup formerly known as Hellobike, is launching a carpooling service this week, on the heels of a test that ran...

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Ant Buys WorldFirst In $700M Deal
Ant Buys WorldFirst In $700M Deal
February 14, 2019  |  Partnerships / Acquisitions

Ant Financial, the Chinese financial services affiliate of Alibaba, has inked a deal to acquire WorldFirst, the U.K. payments company. Get the Full Story Complete the...

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Alipay Accepted At Walgreens Nationwide
Alipay Accepted At Walgreens Nationwide
February 14, 2019  |  Mobile Payments

Alipay’s mobile payment platform will now be available at thousands of Walgreens locations throughout the U.S. Get the Full Story Complete the form to unlock...

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