Akulaku, a FinTech lending company, has received $40 million in funding from Ant Financial. The funding gives Akulaku, which does most of its business in...
Bukalapak, an online marketplace company from Indonesia, will soon announce a new round of funding, according to reports. Naver Corp. is said to be one...
With mobile payments in China booming, cash is going away — despite efforts by the Central Bank to go after merchants who won’t accept cash....
Ant Financial, the affiliate of Alibaba, is in discussions to pay around $700 million for U.K. payments company WorldFirst. The Financial Times reported that if...
The subway system in Hong Kong will allow commuters to scan a QR code as a payment method after announcing a deal with Alibaba’s payment...
Ant Financial, the Alibaba affiliate, expects its core business will be technology services down the road as it expands beyond only payments. In an interview...
With a new commerce deal for the soccer world, Ant Financial’s Alipay has partnered with Europe’s UEFA to bring its platform to events sanctioned by the organization’s...
China is reportedly looking at new regulations that would impact Alibaba and Ant Financial in an effort to boost oversight of financial holding companies. According...