Ant Group’s international division is weighing a fundraising round of roughly $1 billion to fuel its global expansion. The move would mark a significant capital injection for a unit that has quietly become one of the most interesting stories in cross-border fintech.
Ant International, the Singapore-headquartered spin-off handling everything outside mainland China, has been profitable for eight consecutive quarters. The fundraise, if it materializes, looks less like survival capital and more like pouring gasoline on something already burning hot.
A payments empire in the making
Ant International’s numbers tell a compelling story. The unit pulled in an estimated $3.7 billion in revenue for 2025, representing roughly 25% growth year-over-year. That’s not bad for a division that accounts for about 10% of Ant Group’s total revenue.
The engine behind those numbers is Alipay+, a platform that now connects over 150 million merchants with more than 2 billion consumers across more than 100 markets. Rather than building its own wallet in every country, Ant International partners with local payment systems and wallets, stitching them together into a network that lets a tourist from Thailand pay a merchant in Italy without either party thinking twice about currency conversion.
