One of the first major FinTech deals of the year lands with a bang — and a cross-border one at that. Ant Financial Services Group...
If reports in the Wall Street Journal this morning are accurate, Jack Ma’s Ant Financial could soon be the proud owner of money-transfer service MoneyGram...
Koubei, an affiliate of Alibaba that enables local commerce, raised $1.1 billion in a round of financing in January. According to Alibaba, which announced the fundraising...
A number of Chinese financial firms are branching out to embrace mobile payments, The Wall Street Journal reported Tuesday (Jan. 10), with an aim of...
Singapore-based V-Key, a FinTech startup that specializes in mobile security, announced its partnership with Ant Financial. Through the partnership, Ant Financial will use V-Key’s technology...
Ant Financial Services Group, Alibaba’s online and mobile financial services affiliate, shuffled some of its top executive positions over the weekend and named a new...
Though state-backed China UnionPay currently dominates China’s payment market, Ant Financial Services President Eric Jing says Alipay (and consumers embracing mobile payments) is diverting billions...
New reports indicate that Alipay’s team is in negotiations with Wirecard over Alipay taking a 25 percent stake in the German banking software company. This...