Alipay

Alipay is a third-party mobile and online payment platform, established in Hangzhou, China in February 2004 by Alibaba Group and its founder Jack Ma. In 2015, Alipay moved its headquarters to Pudong, Shanghai, although its parent company Ant Financial remains Hangzhou-based.

Source: en.wikipedia.org

New Payments Rule Could Cost Alipay, Tencent More Than $1B
New Payments Rule Could Cost Alipay, Tencent More Than $1B
July 16, 2018  |  Payment Methods

Alipay and Tencent, operators of the two leading digital payment services in China, could lose as much as $1 billion combined in annual revenue thanks...

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Flywire And UnionPay Expand Cross-Border Payments Partnership
Flywire And UnionPay Expand Cross-Border Payments Partnership
June 14, 2018  |  Cross Border Commerce

The market for Chinese consumers in search of education and medical care in the United States and around the world is large – and growing....

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As Ant Financial Rises, So Does China
As Ant Financial Rises, So Does China
June 08, 2018  |  Markets

Here comes China. Again. The recent $14 billion worth of fresh capital for Ant Financial — the China-based firm that is now the most valuable...

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Ant Financial Now Worth More Than Goldman Sachs, Morgan Stanley Or Amex
Ant Financial Now Worth More Than Goldman Sachs, Morgan Stanley Or Amex
June 08, 2018  |  Fintech Investments

There are big fundraising rounds, massive fundraising rounds and incredible fundraising rounds.  And then there’s raising so much money in a single shot that —...

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Ant Financial Adds Third Bank Partner This Month
Ant Financial Adds Third Bank Partner This Month
May 30, 2018  |  Partnerships / Acquisitions

Ant Financial continues its bank partnership streak, signing a strategic cooperation agreement today (May 30) with Shanghai Pudong Development Bank (SPD Bank). That is Ant’s...

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$150B Valuation Makes Ant Financial World’s Largest Unicorn, Ahead Of Possible IPO
$150B Valuation Makes Ant Financial World’s Largest Unicorn, Ahead Of Possible IPO
May 29, 2018  |  Investments

Ahead of an expected initial public offering (IPO), Alibaba’s investment arm Ant Financial has secured $10 billion in funding from global and local investors, and...

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Veea And CITCON Bring Alipay And WeChat Pay To More US Merchants
Veea And CITCON Bring Alipay And WeChat Pay To More US Merchants
May 17, 2018  |  Mobile Payments

Veea Inc. has announced a strategic partnership with CITCON, a cross-border mobile payment company, that will make Alipay and WeChat Pay available to more U.S....

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Inside China’s Effort To Marry Digital ID With Mobile Payments
Inside China’s Effort To Marry Digital ID With Mobile Payments
May 14, 2018  |  Mobile

It’s a prospective marriage that Chinese government authorities and digital commerce executives are pushing hard, including via a recently announced test involving Alibaba: combining the...

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Robots Sizzle, Tax Reform Fizzles And Facebook Raises Eyebrows With Its Timing
Robots Sizzle, Tax Reform Fizzles And Facebook Raises Eyebrows With Its Timing
May 04, 2018  |  Sizzle/Fizzle

Fizzle of the Week: Timing Spring has finally arrived across the United States, and love is in the air. Even on Facebook. The social media...

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