TLDR Tech / Fintech
Ant International raises $1.2B for global expansion
Ant International raised $1.2 billion from investors including Ant Group and Alibaba to expand merchant payments, account management, and financial services for businesses globally. The Singapore-based fintech, previously valued at about $10 billion, says its network spans 150 million merchants and 2 billion user accounts across Asia, Europe, the Middle East, and Latin America.
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