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FinanceAnt International closes $1.2bn Series A to scale global payments
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Ant International, the global business arm of Ant Group, has closed a $1.2 billion Series A equity financing round. Existing investors including Ant Group and Alibaba Group participated, along with other international institutions. The company was valued at $10 billion prior to the round. Ant International will use the proceeds to accelerate global expansion and develop products in merchant payment, account management, and financial services for SMEs and enterprises. Operating independently since 2024, the company has a network connecting over 150 million merchants with more than 2 billion user accounts across Asia, Europe, the Middle East, and Latin America. Its four business lines are Alipay+, Antom, WorldFirst, and Bettr. Recent developments include a partnership with PVS to integrate with Argentina's national QR payment scheme and the introduction of the Agentic Mobile Protocol (AMP) for agentic commerce.
Source report
By: Aninda Chakraborty Source: Electronic Payments International
Ant International, the global business arm of Jack Ma-founded Ant Group, has closed a Series A equity financing round of approximately $1.2 billion.
In a brief statement, the company confirmed that existing investors, including Ant Group and Alibaba Group, participated in the round. However, Ant International did not disclose the size of their individual investments. Other international investment institutions also joined the round.
According to a Reuters report, Ant International was valued at $10 billion prior to the funding round.
Use of Funds
Ant International, which provides digital payment, digitization, and financial technologies, will use the proceeds to accelerate global expansion. The company also plans to invest in product development across:
- Merchant payment solutions
- Account management services
- Other financial services targeting SMEs and enterprise customers
Company Background
Ant International began operating independently in 2024.
"With main operations across Asia, Europe, the Middle East and Latin America, the company has built an expansive partnership network with banks, card organisations, mobile payment leaders and tech enterprises, connecting over 150 million global merchants with more than 2 billion user accounts."
The company operates through four business lines:
- Alipay+
- Antom
- WorldFirst
- Bettr
Recent Developments
- Alipay+ recently partnered with Latin America-focused fintech PVS to connect with Argentina's national QR payment scheme, Transferencias 3.0. This integration allows international travellers to make QR code payments across Argentina.
- This year, Ant International introduced the Agentic Mobile Protocol (AMP) for the agentic commerce industry. Under AMP, merchants, LLMs, AI platforms, merchants with self-developed agents, agent builders, and digital wallets can integrate agentic payment functions into existing workflows without system overhauls.
This article was originally created and published by Electronic Payments International, a GlobalData owned brand.
Source
Yahoo FinanceWestern
Part of this Story
Ant International raises $1.2bn Series A to scale global payments