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News

Alipay takes on MoneyGram with blockchain-based remittances

Having failed to buy MoneyGram, Ant Financial is looking to pound it into the ground with the launch of a home-grown blockchain-based cross-border remittance service.

25 June 2018

Company announcement

Ant Financial's MYbank to open up tech suite to other banks

MYbank, a leading online private commercial bank in China with a focus on SME financing, today announced the launch of the Star Plan to open up its proven AI, computing and risk management capabilities to financial institutions in China.

21 June 2018

Company announcement

Ant Financial to share full suite of AI capabilities with asset management companies

Ant Financial Services Group (“Ant Financial” or “the Company”) today announced that the Company will share a full suite of AI capabilities with asset management companies in China to support their digital transformation.

20 June 2018

News

Ant Financial seals largest single fund raising round in history

Ant Financial has raised a monster $14 billion in Series C equity financing, pushing the value of the giant Chinese conglomerate above $100 billion.

08 June 2018

News

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 technology supplier to the Chinese banking industry.

30 May 2018

Company announcement

Ant Financial provides tech for China Everbright Bank transformation programme

Ant Financial Services Group (“Ant Financial”) has signed a strategic cooperation agreement with China Everbright Bank Co., Ltd (“China Everbright Bank”) and Everbright Technology Co., Ltd. (“Everbright Technology”), a fintech subsidiary of China Everbright Group, to facilitate China Everbright Bank’s digital transformation.

23 May 2018

Company announcement

TAS Group and Alibaba to take on AWS in Australian cloud services market

TAS, a leading technology partner for the financial services sector and Alibaba Cloud, the cloud computing arm of Alibaba Group, have announced a partnership that marks a new era of cloud services to the financial services industry (FSI) in Australia.

15 May 2018

Company announcement

Bicester Village Shopping Collection to accept Alipay

Alipay, the world’s largest online and mobile payment platform, operated by Ant Financial Services Group, today announced that it is entering into a strategic marketing partnership with The Bicester Village Shopping Collection.

15 May 2018

Company announcement

Alipay adds new funds to spare cash investment app

Alipay, the world’s largest online, mobile payment and lifestyle platform, operated by Ant Financial Services Group, today announced the addition of two new money market funds to Yu’e Bao, the spare cash management platform within the Alipay app.

03 May 2018

Company announcement

Ant Financial invests in Banladesh-based bKash

The leading mobile financial services provider of Bangladesh, bKash Limited (“bKash”) and Ant Financial Services Group (“Ant Financial”), operator of Alipay, today announced a strategic partnership to promote financial inclusion for the unbanked and underbanked communities in Bangladesh.

26 April 2018

Company announcement

Chinese visitors can now use Alipay in The Dubai Mall

Alipay, the world's largest online and mobile payment platform operated by Ant Financial Services Group, and The Dubai Mall, the world's largest and most-visited retail and entertainment destination, located in the heart of the prestigious Downtown Dubai, today jointly announced that Chinese mainland visitors can now use Alipay to pay for a wide range of shopping, dining and must-see leisure attractions.

25 April 2018

News

NAB and Alibaba Cloud explore opportunities for selling into China

National Australia Bank (NAB) and Alibaba Cloud, the cloud computing arm of e-commerce giant Alibaba Group, are jointly hosting a hackathon to explore new ways to help Australian small businesses sell their wares in China and better serve Chinese tourists.

20 April 2018