
Ant International raises $1.2bn in Series A financing
Ant Group and Alibaba Group participated in the funding round, with proceeds earmarked for the fintech firm’s global expansion and innovation in cross-border payments and financial services.
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Global fintech Ant International has closed a Series A equity financing round of approximately $1.2 billion, with participation from existing investors Ant Group and Alibaba Group, as well as other international investment institutions.
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