#BigTech / How Ant Group was Built into a Fintech Powerhouse

The Ant Group is slated to go public with a valuation around $200bn, which makes it the world’s highest valued fintech company…

The Ant Group is an affiliate of Alibaba, sometimes referred to as the Amazon of China; Ant was formed as a holding company in 2014 to house Alipay and other financial services like loans and wealth management; Alipay has become a dominant payments force within China and more recently around the world…

https://news.lendit.com/2020/07/24/how-ant-group-was-built-into-a-fintech-powerhouse/