Here comes China. Again. The recent $14 billion worth of fresh capital for Ant Financial — the China-based firm that is now the most valuable...
There are big fundraising rounds, massive fundraising rounds and incredible fundraising rounds. And then there’s raising so much money in a single shot that —...
Welcome to Five at Five, your late look at payments and commerce news you might have missed. Today’s stories include details about Amazon’s new plans...
Amid China’s crackdown on financial risk, Ant Financial is moving away from consumer finance and payments. Instead, it is honing in on technology services, CNBC...
Ant Financial continues its bank partnership streak, signing a strategic cooperation agreement today (May 30) with Shanghai Pudong Development Bank (SPD Bank). That is Ant’s...
Ahead of an expected initial public offering (IPO), Alibaba’s investment arm Ant Financial has secured $10 billion in funding from global and local investors, and...
It’s not exactly dogs and cats living together in harmony, but FinTechs and banks — the upstarts and the traditionalists — are certainly cozying up,...
Jack Ma’s Ant Financial Services Group is set to close a $10 billion private fundraising round that would value the company at $150 billion. The...
Sizzle Of The Week: The Race for Grocery Gold Much of commerce activity is ruled by tastes, trends and the occasional fad; what we buy...