Ant Group

Ant Group Gets Green Light For Consumer Finance Operations

Ant Group Gets Green Light For Consumer Finance Operations
Ant Group Gets Green Light For Consumer Finance Operations
June 03, 2021  |  International

Jack Ma’s Ant Group was given the go-ahead to start operations at its consumer finance company — Chongqing Ant Consumer Finance Co. — after being...

READ MORE >
Today In Payments: Ant Group Expands Digital Yuan Trial; Kabbage, FinTechs Reportedly Under DOJ Scrutiny Over PPP Loans
Today In Payments: Ant Group Expands Digital Yuan Trial; Kabbage, FinTechs Reportedly Under DOJ Scrutiny...
May 10, 2021  |  News

In today’s top news, China’s digital yuan trials have been expanded to Alipay users, and the U.S. Department of Justice is investigating how several FinTechs, such as...

READ MORE >
Investor Social Network Snowball Finance Weighs $300M IPO
Investor Social Network Snowball Finance Weighs $300M IPO
May 07, 2021  |  IPO

Snowball Finance Beijing Internet Information Technology Co., an online financial information and social network portal backed by Ant Group, is looking into a $300 million...

READ MORE >
Ant Group In Talks With Chinese Officials To Revive Healthcare Unit
Ant Group In Talks With Chinese Officials To Revive Healthcare Unit
May 06, 2021  |  Healthcare

Jack Ma’s Ant Group is in talks with regulators in China to revive its crowdfunded medical coverage unit, Xiang Hu Bao, and develop it into...

READ MORE >
Global Investors Go Soft On Ant Group’s Valuation
Global Investors Go Soft On Ant Group’s Valuation
May 03, 2021  |  Markets

Investors are now going soft on Ant Group, once valued in excess of $300 billion, following stricter Chinese regulations and the cancellation of its November...

READ MORE >
China Probes State Officials Over Ant’s Public Offering Approval Process
China Probes State Officials Over Ant’s Public Offering Approval Process
April 27, 2021  |  International

Beijing is launching an intensifying crackdown over how tech billionaire Jack Ma originally won approval for an initial public offering (IPO) in China, The Wall...

READ MORE >
Ant Group Looks To Boost Valuation By Upping Alipay Commissions
Ant Group Looks To Boost Valuation By Upping Alipay Commissions
March 25, 2021  |  International

Several Chinese bankers have agreed to let Alipay, Ant Group’s finance arm and the biggest payments processor in China, take a larger percentage of fees...

READ MORE >
Ant’s Alipay Intros Advisory Platform For Asset Managers
Ant’s Alipay Intros Advisory Platform For Asset Managers
March 22, 2021  |  Investments

Ant Group in China is introducing an investment consulting solution that will enable robo-advisers to extend services to Alipay’s 1 billion users, Bloomberg reported on...

READ MORE >
Ant-Backed Chinese Robo Adviser BangNiTou Tops Million Users
Ant-Backed Chinese Robo Adviser BangNiTou Tops Million Users
March 18, 2021  |  International

BangNiTou, a robo-adviser service backed by Vanguard and Ant Group, has reached 1 million users, according to Bloomberg. Get the Full Story Complete the form...

READ MORE >