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The Nexus
BUSINESSJul 21 · 03:23 UTCSCMP WORLDHoward Liu

Fintech firm Ant International raises US$1.2b to fuel global growth

Ant International, a subsidiary of Ant Group, raised US$1.2 billion in a Series A funding round to accelerate global expansion and innovation in merchant payments and account solutions. Existing investors Ant Group and Alibaba Group, along with undisclosed international institutional investors, participated in the equity financing.

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