Ant Financial: Record Funding Round and Strategic Shift
Many rumours made the rounds, but Ant Financial –financial arm for the e-commerce giant Alibaba– eventually announced a $14 billion funding round...
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Many rumours made the rounds, but Ant Financial –financial arm for the e-commerce giant Alibaba– eventually announced a $14 billion funding round...
Despite a tougher regulatory environment for securitising its loans, Ant Financial’s consumer lending activity has been growing strong, reaching ...
After a $14 billion funding round, Alibaba’s financial arm introduced a new brand focusing on financial technologies. As part of their strategic ...
Alibaba’s financial arm, Ant Financial, is mostly famous for their relentless endeavour to design more financial services… Like their parent comp...
Biometrics – China witnessing several face recognition-based experiments CHINA – Ant Financial launches Smile to pay. This biometrics-based...
Players’ strategy – Alibaba aims for worldwide reach CHINA – Ant Financial, Alibaba’s financial arm, announced they will be buying out Mone...
Players’ Strategy CHINA – Ant Financial partners with EMVCo to boost their platform internationally. Their list of technical partners inclu...
Players’ Strategy CHINA – Wirecard sets to acquire all shares in Allscore Payments Services. This agreement, amounting to €72.4 million, gi...
Players’ Strategy – Consolidations Building the Future of Payments DENMARK / GERMANY – The Danish payment solutions specialist Nets merges ...
FACTS Tencent would be planning to add an instalment service in China by the end of the year. This option, called “Fen Fu” for now, should...
FACTS WeBank, digital bank by Tencent, introduces a new lending offer available from their video-streaming platform.
Just a few months after they launched a Blockchain and AI-dedicated start-up accelerator, the number 2 e-commerce specialist in China JD.com intr...
FACTS The American card scheme AmEx teams up with FrenchSys, subsidiary of Cartes Bancaires “CB”.
FACTS American Modern Insurance Group (Amig) unveils a mobile solution for damage claims making room for a video-based assistance process. ...
According to L’Usine digitale, a partnership is now in place between Alipay and Galeries Lafayette. This would materialise yet another opportunit...
FACTS The Chinese e-payment giant Alipay partners with Natixis (BPCE group).
FACTS During the Global Summit held in London, Alibaba’s payment platform unveiled their strategic plan to European merchants.
The Chinese state is tightening its grip on the FinTech Alibaba. Its financial subsidiary Ant Group is particularly targeted. To better control i...
Players’ Strategy FRANCE – Nickel claims 4,800 agents (1 in 5 newsagents) or 60% increase year-over-year. Goal: attract 10,000 agents by 20...
SWIFT today announced a service that will allow banks to verify beneficiaries' account details before sending an international payment, elimi...