Ant International Secures About US$1.2 Billion in Series A Funding, Backed by Ant Group, Alibaba Group, and Other Investors
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Author:小编   

On July 21, Ant International heralded the successful conclusion of its Series A funding round, amassing roughly US$1.2 billion. This round saw the involvement of current stakeholders like Ant Group and Alibaba, alongside a number of globally recognized investment entities. The capital raised will be channeled towards bolstering its global footprint, expediting investments in pioneering technologies such as AI, extending inclusive fintech services—encompassing cross-border payments and global accounts—and fostering the expansion of merchants on a worldwide scale. Since commencing independent operations in 2024, Ant International's business endeavors have spanned key markets throughout Asia, Europe, the Middle East, and Latin America, linking upwards of 150 million merchants globally and over 2 billion consumer accounts.