Ant International raises $1.2 billion Series A for expansion

Ant International, the Singapore-based global fintech affiliate of Ant Group, has raised approximately $1.2 billion in a Series A funding round, the company announced on Tuesday, July 21, 2026. The financing round included participation from its parent company Ant Group, affiliate Alibaba Group Holding, existing shareholders, and several undisclosed international institutional investors.

The company stated the new capital will be used to accelerate its international expansion and increase investment in artificial intelligence. Specific plans include scaling its merchant payment platforms, account management services, and cross-border financial solutions for small and medium-sized enterprises worldwide. Ant International has been operating independently since establishing its own board of directors in March 2024, a move that was part of a broader restructuring of Ant Group.

The company's network connects over 150 million merchants with more than 2 billion consumer accounts across Asia, Europe, the Middle East, and Latin America. Its operations are organized into four main business units: Alipay, a cross-border payment network; Antom, a merchant payments platform; WorldFirst, a...