Tag "Ant Group"
Ant Group Injects Another S$200 Million Funding Into ANEXT Bank
Ant Group has further invested S$200 million (approximately US$148 million) into ANEXT Bank, its wholly-owned subsidiary and SME digital bank, according to recent filings with the Accounting and Corporate Regulatory Authority (ACRA) of Singapore. The latest investment marks a continued commitment
Read MoreBridging the Gap in Modern Data Management
In the fintech industry, where data flows are as crucial as financial currents, adeptly managing vast volumes of information is beneficial and essential. The sector is witnessing a pivotal shift from traditional database systems to more sophisticated and scalable solutions.
Read MoreWorldFirst to Extend E-Commerce Solutions to 4 Southeast Asian Markets
WorldFirst, a digital payment and financial services provider for small and medium-sized enterprises (SMEs) engaged in cross-border trade, has revealed plans to extend its e-commerce digital finance solutions to additional markets in Southeast Asia in 2023 and 2024. This expansion
Read MoreDigital Payments to Fuel 100% Growth in Southeast Asia’s E-Commerce Market
Southeast Asia is anticipating a 100% expansion in its e-commerce market over the next five years, driven by accelerated digital payments growth, led by Buy Now Pay Later (BNPL), mobile wallets, domestic payments, and credit cards. SEA leads in digital
Read More10 Asian E-Wallets Now Accepted in China Through Alipay+
Ant Group has officially welcomed seven new e-wallets and payment apps from Asia to its “Alipay+-in-China” Program (A+China Program). This includes mPay (Macao SAR, China), Hipay (Mongolia), Changi Pay (Singapore), OCBC (Singapore), Naver Pay (South Korea), Toss Pay (South Korea)
Read MoreAnt Group Launches New Blockchain Brand ZAN to Support Web3.0 Development
Chinese fintech giant Ant Group has launched a new brand called ZAN, which provides a full suite of blockchain application development products and services for both institutional and individual Web3.0 developers. For institutional customers, ZAN offers a solution to help
Read MoreWorldpay From FIS’ Merchants Now Have Access to Alipay+
FIS’ merchant solutions business, Worldpay from FIS, will integrate Alipay+ into its global portfolio for e-commerce and Point of Sale (POS) offerings. There will be a phased rollout to FIS’ merchants, starting with the AlipayHK e-wallet. Alipay+ features a suite
Read MoreGHL Enables Alipay+ for Over 2,600 Thai Businesses
GHL Systems (GHL), a payment service company in ASEAN region, has enabled Alipay+ for over 2,600 businesses in Thailand to accept cross-border digital payments from leading Asian mobile wallets. This includes AlipayHK (Hong Kong SAR), Kakao Pay (South Korea), Touch
Read MoreFour E-Wallets Supported by Ant Group’s Alipay+ Now Accepted in Thailand
Chinese fintech giant Ant Group announced that the four mobile wallets supported by its payment system Alipay+ are now accepted in Thailand. These include Hong Kong’s AlipayHK, South Korea’s Kakao Pay, Malaysia’s Touch ‘n Go eWallet, and Mainland China’s Alipay
Read MoreProxtera Raises Seed Funding From Ant Group, CerraCap Ventures, and EDBI
Proxtera announced the first close of its seed funding round by Ant Group, CerraCap Ventures, and EDBI. Details of the fundraise was not disclosed. The funding will be used as working capital to further develop the company’s digital cross-border trade
Read More