Ant International raises $1.2bn to fund its payments push beyond China

Ant International, the overseas affiliate of Chinese fintech group Ant Group, has raised about $1.2 billion in a fresh equity round to fund its expansion into markets beyond its home turf. The company confirmed the raise, describing it as capital to speed up international growth and deepen its work in merchant payments, account management, and financial services […] This story continues at The Next Web

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