finance

Ant International receives backing from Ant Group, Alibaba and global investors

Ant International secured investment from Ant Group, Alibaba and additional global investors. The announcement provides new capital to the payments and technology firm.

Jul 20, 11:01 PM(8 hrs ago)·1m read2 sources

Ant International receives backing from Ant Group, Alibaba and global investors

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Ant International announced it received investment from Ant Group, Alibaba and other global investors. The funding round supports the company's operations in digital payments and financial technology services.

The company stated the capital will be used to expand its existing business lines. No specific investment amounts or valuations were disclosed in the announcement.

background Ant International operates payment and technology platforms across multiple markets. Ant Group and Alibaba maintain ownership stakes in the company alongside the new investors.

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