Investments
155Portfolio Exits
20Funds
1Partners & Customers
10About Ant Group
Ant Group (SGX: 5VJ) offers financial services, serving small and micro enterprises and consumers. Its products include a payment and lifestyle platform, a comprehensive wealth management application, and an independent, private, and alternative credit service. It was formerly known as Ant Financial Services Group. It was founded in 2000 and is based in Hangzhou, China.
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Expert Collections containing Ant Group
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Ant Group in 7 Expert Collections, including Wealth Tech.
Wealth Tech
2,047 items
A category of financial technology that is digitizing & streamlining the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.
Fintech 250
747 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Payments
2,974 items
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
New Retail Formats
11 items
Companies offering automated checkout solutions for retailers or operating cashless, cashier-free retail stores.
Conference Exhibitors
5,302 items
Fintech
12,388 items
Excludes US-based companies
Research containing Ant Group
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Ant Group in 2 CB Insights research briefs, most recently on Oct 4, 2022.
Oct 4, 2022 report
The Fintech 250: The most promising fintech companies of 2022
Latest Ant Group News
Aug 10, 2023
100,000 ASIAN GAMES TICKETS UP FOR GRABS 10/08/2023 11:34 AM KUALA LUMPUR, Aug 10 (Bernama) -- Hangzhou, the host city of the 19th Asian Games, is thrilled to launch the second batch of "Asian Games Gift Packs" welcoming global tourists to visit the City of Living Poetry. According to a statement, the "Asian Games Gift Packs" for global tourists is a digital tourism marketing campaign launched in June this year, and has received enthusiastic responses from both local and international tourists alike. The gift packs are distributed through a series of sweepstakes. The second batch of gift packs will open for application until Aug 10, and winners of the first and second sweepstakes have the opportunity to win 100,000 Asian Games tickets. For international visitors, registration is accessible via the official website of Hangzhou Municipal Bureau of Culture, Radio, TV and Tourism while domestic tourists can join by searching "Asian Games" on the Alipay platform and clicking into "One Pass" in the Smart Hangzhou 2022 mini programme in the app. The gift packs can also be accessed via Fliggy app, Hangzhou Residents app and Discover Hangzhou mini programme. Each gift pack includes a seven day complimentary Hangzhou subway pass, free tickets to 48 tourist attractions, and a prepaid phone card worth 100 Chinese yuan (approximately US$14). (US$1=RM4.57) The total value of attraction benefits included in the pack is 3,000 Chinese yuan (approximately US$420) and it contains free tickets to famous scenic spots such as Xixi National Wetland Park and Thousand Island Lake. In addition, winners can use the "One Pass" QR code in Alipay to take the subway, enjoy sight-seeing at various scenic spots, and appreciate the beauty of the Asian Games host city. The "One Pass" in Smart Hangzhou 2022 mini programme, coupled with the "Asian Games Gift Packs", strives to provide all-in-one digital service experience for dining, transportation, travelling, sightseeing, shopping and entertainment, ultimately enhancing the Asian Games experience for global visitors. -- BERNAMA BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on the Astro 502, unifi TV 631 and MYTV 121 IFLIX channels and BERNAMA Radio on the FM93.9 (Klang Valley), FM107.5 (Johor), FM107.9 (Kota Kinabalu) and RM100.9 (Kuching) frequencies. Follow us on social media : Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Ant Group Investments
155 Investments
Ant Group has made 155 investments. Their latest investment was in Shengshu Technology as part of their Seed VC on June 6, 2023.
Ant Group Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
6/19/2023 | Seed VC | Shengshu Technology | $13.96M | Yes | 3 | |
3/20/2023 | Series C | Xiaoan Technology | Yes | 1 | ||
3/16/2023 | Seed VC - II | Proxtera | Yes | Ant Group, CerraCap Ventures, and EDBI | 5 | |
2/2/2023 | Series A - II | |||||
12/5/2022 | Series A |
Date | 6/19/2023 | 3/20/2023 | 3/16/2023 | 2/2/2023 | 12/5/2022 |
|---|---|---|---|---|---|
Round | Seed VC | Series C | Seed VC - II | Series A - II | Series A |
Company | Shengshu Technology | Xiaoan Technology | Proxtera | ||
Amount | $13.96M | ||||
New? | Yes | Yes | Yes | ||
Co-Investors | Ant Group, CerraCap Ventures, and EDBI | ||||
Sources | 3 | 1 | 5 |
Ant Group Portfolio Exits
20 Portfolio Exits
Ant Group has 20 portfolio exits. Their latest portfolio exit was Logory Logistics on March 09, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
3/9/2023 | IPO | Public | 1 | ||
7/7/2022 | IPO | Public | 2 | ||
5/17/2022 | Shareholder Liquidity | Paytm Mall | 2 | ||
Date | 3/9/2023 | 7/7/2022 | 5/17/2022 | ||
|---|---|---|---|---|---|
Exit | IPO | IPO | Shareholder Liquidity | ||
Companies | Paytm Mall | ||||
Valuation | |||||
Acquirer | Public | Public | |||
Sources | 1 | 2 | 2 |
Ant Group Acquisitions
9 Acquisitions
Ant Group acquired 9 companies. Their latest acquisition was 2C2P on April 18, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
4/18/2022 | Series E+ | $70M | Corporate Majority | 11 | ||
2/14/2019 | Growth Equity | |||||
8/17/2017 | ||||||
4/19/2017 | ||||||
9/13/2016 | Series A |
Date | 4/18/2022 | 2/14/2019 | 8/17/2017 | 4/19/2017 | 9/13/2016 |
|---|---|---|---|---|---|
Investment Stage | Series E+ | Growth Equity | Series A | ||
Companies | |||||
Valuation | |||||
Total Funding | $70M | ||||
Note | Corporate Majority | ||||
Sources | 11 |
Ant Group Fund History
1 Fund History
Ant Group has 1 fund, including Ant Financial Internet Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
5/20/2015 | Ant Financial Internet Fund | $160M | 1 |
Closing Date | 5/20/2015 |
|---|---|
Fund | Ant Financial Internet Fund |
Fund Type | |
Status | |
Amount | $160M |
Sources | 1 |
Ant Group Partners & Customers
10 Partners and customers
Ant Group has 10 strategic partners and customers. Ant Group recently partnered with Krungthai Card Public on June 6, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
6/28/2023 | Partner | Thailand | Thailand’s KTC partners China’s Ant Group to introduce ‘Alipay+’ to Thai Merchants Sittipong Kittiprapapong , General Manager , Global Merchant Partnership , Thailand Ant Group , said the firm continues to strengthen its partnership with Krungthai Card Public Company Limited by helping them integrate Alipay + across their merchant network and support the digitalization efforts of Thai businesses . | 2 | |
4/3/2023 | Partner | China | Ant Group partners with Zhejiang University to promote intelligent vision technology Alibaba 's financial affiliate , Ant Group , has partnered with Zhejiang University to establish an Intelligent Vision Joint Laboratory , aimed at tackling core intelligent vision technology , according to local media outlet Zhejiang Daily . | 1 | |
2/21/2023 | Partner | United States | NBA, Ant Group launch strategic partnership in China NBA , Ant Group launch strategic partnership in China | 7 | |
12/13/2022 | Partner | ||||
10/27/2022 | Client |
Date | 6/28/2023 | 4/3/2023 | 2/21/2023 | 12/13/2022 | 10/27/2022 |
|---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Client |
Business Partner | |||||
Country | Thailand | China | United States | ||
News Snippet | Thailand’s KTC partners China’s Ant Group to introduce ‘Alipay+’ to Thai Merchants Sittipong Kittiprapapong , General Manager , Global Merchant Partnership , Thailand Ant Group , said the firm continues to strengthen its partnership with Krungthai Card Public Company Limited by helping them integrate Alipay + across their merchant network and support the digitalization efforts of Thai businesses . | Ant Group partners with Zhejiang University to promote intelligent vision technology Alibaba 's financial affiliate , Ant Group , has partnered with Zhejiang University to establish an Intelligent Vision Joint Laboratory , aimed at tackling core intelligent vision technology , according to local media outlet Zhejiang Daily . | NBA, Ant Group launch strategic partnership in China NBA , Ant Group launch strategic partnership in China | ||
Sources | 2 | 1 | 7 |
Ant Group Team
16 Team Members
Ant Group has 16 team members, including current Chief Executive Officer, Eric Xiandong Jing.
Name | Work History | Title | Status |
|---|---|---|---|
Eric Xiandong Jing | Alibaba Group, and PepsiCo | Chief Executive Officer | Current |
Name | Eric Xiandong Jing | ||||
|---|---|---|---|---|---|
Work History | Alibaba Group, and PepsiCo | ||||
Title | Chief Executive Officer | ||||
Status | Current |
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