{"id":551719,"date":"2026-07-21T04:42:08","date_gmt":"2026-07-21T04:42:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/551719\/"},"modified":"2026-07-21T04:42:08","modified_gmt":"2026-07-21T04:42:08","slug":"ant-international-raises-1-2-billion-in-global-expansion-push","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/551719\/","title":{"rendered":"Ant International raises $1.2 billion in global expansion push"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">HONG KONG, July 21 (Reuters) &#8211; Ant International, an overseas affiliate of the Jack Ma-founded \u200cChinese fintech firm Ant Group, has raised $1.2 \u200cbillion in its latest equity fundraising as it seeks \u200bto expand.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Affiliates Ant Group and Alibaba Group participated in the private funding round, the company said on Tuesday, without disclosing the size of their \u200ccommitment.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Ant International plans \u2060to accelerate its expansion in the merchant payment business, account management and other \u2060financial services for enterprises globally.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The Singapore-based firm is a digital payments and fintech firm that \u200bwas spun \u200bout of China&#8217;s Ant \u200bGroup as an \u200cindependently operated company in 2024.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Prior to the funding round, Ant International was valued at $10 billion, Reuters reported last month, citing a source.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Chinese regulators suspended the group&#8217;s planned listing in 2020 just before \u200cits debut, leading to \u200bMa giving up control of \u200bAnt Group.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Ant International, \u200bwhich mainly operates in Asia, Europe, \u200cthe Middle East and \u200bLatin America, is \u200bconnected to banks, card organizations, mobile payment and tech firms, through which it says \u200bit covers \u200c150 million merchants and 2 billion user \u200baccounts.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">(Reporting by Selena Li; Editing by Christopher \u200bCushing and Christian Schmollinger)  <\/p>\n","protected":false},"excerpt":{"rendered":"HONG KONG, July 21 (Reuters) &#8211; Ant International, an overseas affiliate of the Jack Ma-founded \u200cChinese fintech firm&hellip;\n","protected":false},"author":2,"featured_media":551720,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[9335,47493,12174,10384,114,85,46],"class_list":["post-551719","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-alibaba-group","tag-ant","tag-ant-group","tag-ant-international","tag-business","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/551719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=551719"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/551719\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/551720"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=551719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=551719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=551719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}