Ant Financial, Coinbase, Lydia, Visa in payments this week

Ant Financial is planning to raise around $5bn in a funding round expected to value the Alibaba payments affiliate at more than $100bn Coinbase, which has blamed recent changes to the coding of cryptocurrency purchases for a recent spate of erroneous charges against...
Alibaba furthers India expansion

Alibaba furthers India expansion

What you need to know Alibaba Group is investing US$177 million in Indian online retail giant Paytm E-Commerce. This will expand the Chinese company’s operations in India, the world’s sixth-largest economy. It will mark the second major regional expansion for Alibaba...