Ant International Raises $1.2 Billion to Push Cross-Border Payments

Ant International closed a Series A equity financing of roughly $1.2 billion, the company said. Existing investors Ant Group and Alibaba Group participated, alongside other international institutions.

The funds will go toward expanding Ant International's merchant payment and account management services for small and midsize businesses globally. The company operates four main business lines: Alipay+, Antom, WorldFirst and Bettr. Its network connects more than 150 million merchants with over 2 billion user accounts.

Ant International began independent operations in 2024. Its main markets span Asia, Europe, the Middle East and Latin America.