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...
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...
What you need to know After buying US based Moneygram and investing in Thai Ascend Money and Philippine Mynt, Ant Financial are investing in another payments network. This time it is investing in Kakao Pay from South Korea. It will help expand its services into...