Ant Financial

Global fintech investment soars to record US$57bii in first half of 2018
KPMG Pulse of Fintech report sees investment in Asia hit US$16.8bil across 162 deals in 1H18, with China and India dominating the top 10 deals.
Ascend Money transacts US$5bil in 2017
SEA fintech firm delivers 400% year-on-year growth compared to 2016.
Ant Financial raises US$14bil in Series C equity
Malaysia’s Khazanah Nasional and Singapore’s Temasek, GIC participate in round.
China investments boosting Asean e-commerce
A report by Credit Suisse reveals that the entry of Chinese tech giants into the Asean region is helping develop its e-commerce and payments sectors.
Ascend Money announces 50,000-strong agent network across SEA
The Thai-based fintech company is rapidly becoming the region’s leading financial services provider, serving rural communities.
China sweeps top 3 spots in The Fintech100; Singapore in top 50
Asia Pacific on the rise, with 30 companies from the region featured on the list,
TrueMoney partners Alfamart; now has 13,500 customer service points in Indonesia
Provides a suite of e-money solutions, including depositing and withdrawing cash, paying for online purchases, and domestic fund transfers.
Emtek Group, Ant Financial in partnership through payment joint venture
Leveraging on their technology and local market insight for more accessibility to digital financial services in Indonesia.
Maybank partners Alipay to provide contactless payments convenience
Payment service can be used in various outlets ranging from high-end department stores, duty free outlets to hotels popular with Chinese visitors.
Global fintech investment sees sharp decline in 2016 despite record VC funding: KPMG
2016 experienced a decline in the market with a 47.2% slide in fintech investment, according to KPMG International’s The Pulse of Fintech.
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