Ant Financial closes $10b funding round at $150b valuation

Ant Financial closes $10b funding round at $150b valuation

Photographer: Anthony Kwan/Bloomberg

Ant Financial Services Group, operator of China’s biggest online payment platform by market share, Alipay, has closed its latest funding round having raised $10 billion from a clutch of global and local investors, five people with direct knowledge of the matter told Reuters.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter