Thank you for subscribing.

Please check your email to confirm.

Unsubscribe success..

You already subscribed and confirmed.

Please check your email.

You already subscribed.

Please check your email to confirm.

Ant Financial

Ant Financial

Founded by the Alibaba group, it allows individuals and businesses to execute payments online in a secure manner. Alipay's users are primarily buyers and sellers engaging in e-commerce transactions.

OVERVIEW

Category
Fintech
Headquarter
Hangzhou, China
Founded Time
Oct. 1, 2014
Latest Funding
Series C
Company Size
5001-10000
Also Known As
Alipay, 支付宝, Ant Financial Services Group, 蚂蚁金服
Legal Name
Zhejiang Ant Small and Micro Financial Services Group Co., Ltd.
Name (Chinese)
Ant Financial
Legal Name (Chinese)
浙江蚂蚁小微金融服务集团股份有限公司
Website
Email Address
japan@antfin.com
Phone Number
+8657126888888
Read More

FUNDING

Number of Funding Rounds 3
Total Funding Amount USD 14.75B
Announcement Date Funding Round Funding Raised Lead Investor(s)
Jun. 8, 2018 Series C 14.00B Sequoia Capital, Warburg Pincus, Carlyle Group, Temasek Holdings, GIC
Apr. 22, 2016 Series B 750.00M China Development Industrial Bank (CDIB), CCB International, Primavera Capital Group, China Investment Corporation
Jul. 3, 2015 Series A 0.00 National Social Security Fund (NSSF)
Announcement Date

Jun. 8, 2018

Funding Round

Series C

Funding Raised

14.00B

Lead Investor(s)

Sequoia Capital, Warburg Pincus, Carlyle Group, Temasek Holdings, GIC

Announcement Date

Apr. 22, 2016

Funding Round

Series B

Funding Raised

750.00M

Lead Investor(s)

China Development Industrial Bank (CDIB), CCB International, Primavera Capital Group, China Investment Corporation

Announcement Date

Jul. 3, 2015

Funding Round

Series A

Funding Raised

0.00

Lead Investor(s)

National Social Security Fund (NSSF)

UPDATES

Alipay Partners with Adyen to Enhance Global Payment Process
The world's most valued unicorn Ant Financial Services Group reinforces its overseas payment business through collaborating with European company Adyen.

The world's most valued unicorn Ant Financial Services Group reinforces its overseas payment business through collaborating with European company Adyen.

Alibaba's Better-Than-Expected Q2 Results Indicate Strong Consumer Confidence
For the second quarter of this year, Alibaba's revenue was CNY 114.92 billion (USD16.74 billion), an increase of 42% year on year. Net income amounted to CNY 19.12 billion (USD2.79 billion), up 150% compared to the same quarter of 2018.

For the second quarter of this year, Alibaba's revenue was CNY 114.92 billion (USD16.74 billion), an increase of 42% year on year. Net income amounted to CNY 19.12 billion (USD2.79 billion), up 150% compared to the same quarter of 2018.

Alipay and WeChat Pay Partner QFPay Raises USD 20 Mn to Drive Payment Innovation
QFPay closed a new round of funding of USD 20 million on August 13. Investors included existing shareholders Sequoia Capital China and Matrix Partners China and three new financial backers -- MDI Ventures, Rakuten Capital and VentureSouq.

QFPay closed a new round of funding of USD 20 million on August 13. Investors included existing shareholders Sequoia Capital China and Matrix Partners China and three new financial backers -- MDI Ventures, Rakuten Capital and VentureSouq.

Alipay Expands Payment Business in Africa, A Strategic Area for Chinese Tech Players
The collaboration between Alipay and the African payment company Flutterwave shows a trend of the increasing presence of Chinese companies in African tech.

The collaboration between Alipay and the African payment company Flutterwave shows a trend of the increasing presence of Chinese companies in African tech.

"Chinese-backed" Africa Company OPay Completes Series A Funding Round
Opera, an Internet search engine which founded OPay due to the web-browser’s popularity, was acquired in 2016 for USD 600 million by a consortium of Chinese investors.

Opera, an Internet search engine which founded OPay due to the web-browser’s popularity, was acquired in 2016 for USD 600 million by a consortium of Chinese investors.

AliPay Adds Image Retouching Feature to Facial Checkout Tablet
While it is seemingly a marketing gimmick aimed at enhancing brand awareness, the photo retouching feature reveals Ant Financials’ ambition to drive broader adoption of its facial recognition payment.

While it is seemingly a marketing gimmick aimed at enhancing brand awareness, the photo retouching feature reveals Ant Financials’ ambition to drive broader adoption of its facial recognition payment.

Alipay Balloons in Turkish Tourism Market
Working with more than 250 overseas financial institutions and payment solution partners, Alipay currently supports 27 different exchange rates.

Working with more than 250 overseas financial institutions and payment solution partners, Alipay currently supports 27 different exchange rates.

READ MORE

EqualOcean is a leading industrial tech media and investment research company that focuses on technological and industrial innovation in China.

We aim to assist Chinese entrepreneurial enterprises to break into the global market and provide overseas investors, VCs, and enterprises with a deeper understanding of China's business environment and to seize opportunities in China.

Join over 800,000 of your peers