Tag: Ant Financial

Indian payments giant Paytm close to $2bn round

Mobile-based financial service company Paytm is reportedly close to closing a new $2bn funding round, which would value it at $16bn.

Ant Financial co-leads RMB1bn round for Chinese logistics, FinTech provider Keking

Alibaba's Ant Financial has co-led an RMB1bn ($144m) Series C financing round for Chinese logistics and FinTech business Keking.

Alipay, Global Tax Free partner for new tax refund solution

Mobile payments platform Alipay has partnered with Global Tax Free to launch the ‘world’s first’ paperless mobile tax refund solution.

Snowball Finance said to raise $120m in funding from Ant Financial

China-based Snowball Finance, an online investment platform, has reportedly received a $120m Series D investment.

Ant Financial raises $14bn in Series C financing

Ant Financial, the payments affiliate of China’s Alibaba Group, has raised $14bn in its Series C funding round.

Ant Financial said to raise $10bn at a $150bn valuation

Ant Financial, the payments affiliate of China’s Alibaba Group, has reportedly been valued at $150bn following a $10bn funding round.

Ant Financial could reach $150bn valuation in new funding round

Ant Financial, the payments affiliate of China’s Alibaba Group, is reportedly seeking to raise at least $9bn in a funding round.

Alibaba buys 33% stake in Ant Financial

Online payments company Ant Small and Micro Financial Services Group has received an investment from Alibaba Group, which will see it acquire a 33 per cent stake.

Alipay makes further inroads in the US with First Data deal

Chinese mobile payments giant Alipay is heading stateside through a partnership with First Data that will see the Ant Financial-owned service increase its international presence further.

FinTech investment in Q2 2017 grew over 50% compared to the...

The FinTech sector saw nearly $9bn-worth of investment across 374 deals in Q2 2017 as the year funding picked up paceOverall FinTech funding grew...

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