Tag: Ant Financial
Trump bans transactions to Alipay and other Chinese FinTech apps
From: RegTech AnalystOutgoing US president Donald Trump has signed an executive order banning transactions with eight Chinese-connected apps, including Alipay.The list also includes apps...
Revealing the four new digital banks allowed to operate in Singapore
After a year waiting, Singapore's central bank has finally revealed which four companies will be allowed to open digital banks in the country.
Stripe said to be eyeing funding round that could see its...
Payments giant Stripe is reportedly looking to raise a funding round which could see its valuation reach somewhere between $70bn and $100bn.
Jack Ma’s Ant Financial files for what could be the biggest...
Chinese tech powerhouse Ant Financial has filed for what could be the biggest initial public offering ever, which could see the company raise $30bn.
Catch up on the 35 big FinTech funding rounds from the...
Amidst the coronavirus crisis, many FinTech companies have still been able to raise big rounds. Here are 35 of the successful investment stories that...
Wave Money scores $73.5m in funding from Ant Financial
Digital remittance service Wave Money has formed a strategic partnership from Ant Financial Services, which includes a $73.5m investment.
Nearly 80% of Payments & Remittances investment since 2015 has come...
?Total funding in the sector over the last five years surpassed $66bn as digital payment methods become more common.
Payment company MoneyGram has signed a partnership with LuLu Money
MoneyGram has kept on growing since Ant Financial bought the payment company in 2017 for $880m. Now it plans to power that growth with a new partnership with non-banking finance company LuLu Money.
Paytm closes $1bn round, rising its valuation to $16bn
India’s payment giant Paytm has closed its latest round of funding as it looks to deploy RS 10,000 Cr ($1.4bn) to increase financial inclusion to more users in the country.
Merchant payment platforms’ revenue expected to jump to $158bn in the...
The global market for merchant payment platforms is seemingly in for a good time even though the risk of payment fraud is expected to...