Ant Group

Google, Alibaba, Ant Group Seek Payment Licenses In Singapore
Google, Alibaba, Ant Group Seek Payment Licenses In Singapore
June 04, 2021  |  International

Is Singapore poised to become Asia’s Silicon Valley? It might, if Sopnendu Mohanty, the Monetary Authority of Singapore’s (MAS) chief FinTech officer, has anything to...

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Ant Group Gets Green Light For Consumer Finance Operations
Ant Group Gets Green Light For Consumer Finance Operations
June 03, 2021  |  International

Jack Ma’s Ant Group was given the go-ahead to start operations at its consumer finance company — Chongqing Ant Consumer Finance Co. — after being...

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Today In Payments: Ant Group Expands Digital Yuan Trial; Kabbage, FinTechs Reportedly Under DOJ Scrutiny Over PPP Loans
Today In Payments: Ant Group Expands Digital Yuan Trial; Kabbage, FinTechs Reportedly Under DOJ Scrutiny...
May 10, 2021  |  News

In today’s top news, China’s digital yuan trials have been expanded to Alipay users, and the U.S. Department of Justice is investigating how several FinTechs, such as...

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Investor Social Network Snowball Finance Weighs $300M IPO
Investor Social Network Snowball Finance Weighs $300M IPO
May 07, 2021  |  IPO

Snowball Finance Beijing Internet Information Technology Co., an online financial information and social network portal backed by Ant Group, is looking into a $300 million...

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Ant Group In Talks With Chinese Officials To Revive Healthcare Unit
Ant Group In Talks With Chinese Officials To Revive Healthcare Unit
May 06, 2021  |  Healthcare

Jack Ma’s Ant Group is in talks with regulators in China to revive its crowdfunded medical coverage unit, Xiang Hu Bao, and develop it into...

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Global Investors Go Soft On Ant Group’s Valuation
Global Investors Go Soft On Ant Group’s Valuation
May 03, 2021  |  Markets

Investors are now going soft on Ant Group, once valued in excess of $300 billion, following stricter Chinese regulations and the cancellation of its November...

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China Probes State Officials Over Ant’s Public Offering Approval Process
China Probes State Officials Over Ant’s Public Offering Approval Process
April 27, 2021  |  International

Beijing is launching an intensifying crackdown over how tech billionaire Jack Ma originally won approval for an initial public offering (IPO) in China, The Wall...

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Ant Group Looks To Boost Valuation By Upping Alipay Commissions
Ant Group Looks To Boost Valuation By Upping Alipay Commissions
March 25, 2021  |  International

Several Chinese bankers have agreed to let Alipay, Ant Group’s finance arm and the biggest payments processor in China, take a larger percentage of fees...

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Ant’s Alipay Intros Advisory Platform For Asset Managers
Ant’s Alipay Intros Advisory Platform For Asset Managers
March 22, 2021  |  Investments

Ant Group in China is introducing an investment consulting solution that will enable robo-advisers to extend services to Alipay’s 1 billion users, Bloomberg reported on...

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