Ant Financial Back Participating Organisations List>

Ant Financial is a technology company dedicated to bring inclusive financial services to the world. It started from Alipay that was established in 2004. Ant Financial was set up in Oct 2014.

The mission of Ant Financial is “to provide the world equal opportunities”. Ant Financial is dedicated to build an open and sharing credit system and financial service platform and bring equal, safe and convenient financial services to global consumers and small businesses by leveraging its technology capabilities. Currently, the brands and business division of Ant Financial include Alipay, MYBank, Yu’ebao, Ant Fortune, Zhima Credit and etc. Over 800 million users in global have been served by Ant Financial and its strategic partners. 

As the leading company of third party payment in China, Alipay started from providing escow payment for ecommerce and continuously provide convenient and safe payment for online and offline business, which significantly fostered the development of online shopping and real economy. On Nov 11th 2017, Alipay processed RMB 168.2 billion on retail volume for Tmalll and created a new record of payment processing that is 256 thousand transactions per second. Alipay provides easy and low cost mobile payment solution for small merchants, particularly those are located in remote area. Alipay also provides convenient municipal life services for users. By Jun 2017, 300 cities, 9 categories and 58 types of services have been covered.

MYBank provides unsecured and revolving micro finance to small businesses, by leveraging its big data capability and risk management model. This model significantly improve the availability of loans and the borrowing experiences for small businesses. As of now, 8 million small businesses have been served by MYBank.

Ant Financial proactively participates “the Belt and Road” initiative and promote global financial inclusion. Currently the cross boarder payment services of Ant Financial have covered 220 countries and regions and accept 27 types of currencies. Ant Financial also set up strategic investment and partnerships local partners including Paytm in India, Ascend Money in Thailand, Mynt in Philippines, Emtek in Indonesia, TnG in Malaysia and etc. Ant Financial provides “China Model” and “China Experiences” to the local partners and enable them to provide inclusive financial services to local people.