Ant International raised approximately $1.2 billion in a Series A financing round on Tuesday. Alibaba Group and Ant Group joined international investors to provide the fresh capital.
The Singapore-based fintech will use the funds to accelerate its global expansion. Investment will focus on cross-border payments, AI-driven services, and financial solutions for small businesses.
Ant International began operating as an independent business in 2024 following a corporate restructuring. The capital injection supports a potential Hong Kong initial public offering as early as this year. This move revives a listing process that Chinese regulators halted in 2020.