Ant Financial said to raise fundraising target to over $12b

The mascot for Ant Financial Services Group. Photographer: Qilai Shen/Bloomberg

Billionaire Jack Ma’s Ant Financial is raising its fundraising target to more than $12 billion by bringing in existing Chinese shareholders in a yuan-denominated financing round, people familiar with the matter said.

Continue reading this story with a subscription to DealStreetAsia.


Contact us for corporate subscriptions at