ANT Financial Stock
Online payment services provider
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About ANT Financial Stock
Alipay is an online payment services provider. Founded by the Alibaba group, it allows individuals and businesses to execute payments online in a secure manner. Alipay's users are primarily buyers and sellers engaging in e-commerce transactions. With a registered user base of approximately 43.5 million as of June 2007, Alipay is an accepted online payment method for many online retail websites and service providers in China. Clearly, it is also the main payment method on sister site Taobao.
Based on its huge customer based, has developed a complete online wallet which offers many services associated with payments while partnering with taxi-hailing services, cinema-theater booking services and so on.
Alipay has partnered with some leading Chinese banks including Bank of China, China Construction Bank, Agricultural Bank of China, and the Industrial and Commercial Bank of China; it also has a valuable partnership with Visa.
Funding History
July 2015 | $0 |
---|---|
April 2016 | $4.5B |
May 2017 | $3.5B |
June 2018 | $14.0B |
Management
Product Manager
June Gao
General Manager
Venetia Lee
Chief Technology Officer and International Business Group's Chief Operating Officer
Cheng Li
Regional Business Development Director
Allan Zhao
Senior Director
Jed Lin
Senior Business Manager
Amy Qin
Executive Chairman and Chief Executive Officer
Eric Jing
Technical Director of Artificial Intelligence Department
Zixia Sheng
Techleader
Jiashui Wang
Chief Compliance Officer, Americas
Victoria Liu Edison
Press
TechCrunch - Mar, 16 2020
TransferWise partners with Alipay for international money transfersTechCrunch - Mar, 4 2020
Alipay owner Ant Financial takes minority stake in KlarnaTechCrunch - Dec, 22 2019
China Roundup: Ant Financial’s new boss and Tencent’s army of new appsWall Streets Journal - Dec, 8 2019
A $7 Credit Limit: Jack Ma’s Ant Lures Hundreds of Millions of Borrowers