Tag "Ant Group"
Proxtera 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
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Alipay+ Announces 2.5 Million Merchant Milestone at Singapore Fintech Festival
Ant Group’s Alipay+ announced during the Singapore Fintech Festival 2022 that its merchant coverage has more than doubled to 2.5 million merchants. By sector, this includes over 1,000 online platforms, 10 major airports, 90,000 convenience stores, 360,000 restaurants, 200,000 taxis,
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Ant Group Launches Alipay+ Digital Store Solutions
Ant Group has officially launched Alipay+ D-store, a digitalisation solution for the service industry and brick-and-mortar businesses, at the Singapore Fintech Festival 2022. Alipay+ D-store is described as a solution which businesses can use to build digital stores across multiple
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Here’s How Ant Group is Charting its Path to ASEAN Domination
Ant Group, the fintech affiliate of Chinese e-commerce giant Alibaba, is pursuing its expansion plans across Southeast Asia, ramping up its business in a region that’s characterized by a fragmented payment market and no clear leader. In Southeast Asia, the group
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Thunes Partners With Alipay+ for Asian E-wallet Acceptance in Europe
Global cross-border payments company Thunes has partnered with Alipay+, a suite of cross-border payments and marketing solutions operated by Ant Group, to connect European merchants with hundreds of millions of Asian consumers. Through this collaboration, Thunes’ customers and merchants in
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Ant Group Soft Launches Its SME-Focused Digital Wholesale Bank ANEXT
ANEXT Bank, a digital wholesale bank incorporated in Singapore and a wholly-owned subsidiary of Ant Group, announced its soft launch today. The bank said in a statement that the soft launch follows its receipt of MAS’ approval to commence business
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Ant Group Inks Deal to Become Payments Firm 2C2P’s Largest Shareholder
Payments firm 2C2P announced that Chinese fintech giant Ant Group will become its majority shareholder in a strategic partnership. Further details of the deal was not disclosed. Through the strategic partnership, 2C2P’s extensive pool of merchants inclusive of global and
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NETS Enhances Local SMEs’ Cross-Border Payments Capabilities With Alipay+ Integration
Network for Electronic Transfers (NETS), Singapore’s payment services group announced plans to integrate with Ant Group’s Alipay+ to further enhance the digital payments capabilities of its local merchants at the Singapore Fintech Festival 2021. Introduced by Ant Group since 2020,
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What Have Singapore’s Digital Banks Been up To?
It has been six months since The Monetary Authority of Singapore (MAS) announced the four successful applicants for Singapore’s inaugural digital banks. A Grab-Singtel consortium and SeaMoney (an entity wholly owned by Sea Group) snagged digital full bank (DFB) licenses
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