Wednesday, April 24, 2019
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Tag: Ant Financial

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. Read more: fintech.global

Ant Financial launches new FinTech brand

Ant Financial Services Group today announced that the Company would open up a full suite of technology products and services Read more: www.finextra.com

Alipay’s annual active users soar 40% YOY

Alipay has over 700 million annual active users as of August 2018, according to an investor day presentation from parent Ant Financial Read more: bankinnovation.net

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. Read more: fintech.global

Jack Ma’s fintech startup shakes up China’s banks

Ant Financial Services Group has become the world's biggest financial-technology firm. Read more: www.marketwatch.com

Why Ant Financial-backed Dana may struggle

Ant Financial, which has risen to become one of the world’s biggest private tech firms with a reported valuation of US$150 billion, Read more: fintechranking.com

Ant Financial turns to Standard Chartered for blockchain

Standard Chartered has been appointed by Ant Financial to be the “core partner bank” for its new blockchain cross-border remittance solution. Read more: www.bankingtech.com

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. Read more: fintech.global

Ant Financial signs third Chinese bank technology deal

Ant Financial, the financial services spin-off of e-commerce giant Alibaba, has added another string to its bow, signing its third deal this month as a strategic Read more: fintechranking.com

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. Read more: fintech.global