Affiliates Ant Group and Alibaba Group participated in the private funding round, the company said on Tuesday, without disclosing the size of their commitment.

Fresh capital from backers including Alibaba and Ant Group will fuel the Singapore-based fintech’s global expansion and AI push

Ant International Raises approx. US$1.2 billion in Series A Equity Financing to Boost Cross-border Payments, Agentic Commerce Solutions for Global Businesses