Ant Financial's investment and M&A activity over time.
Fintech remains a hot sector and while a lot of attention gets paid to traditional players, you should be watching Ant Financial, an affiliate of Alibaba, whose ambitions are diverse and global.
They acquired Dallas-based money transfer company Moneygram for $880M in Nov 2016 and then did strategic investments in Philippines-based mobile payment firm Mynt and the payments unit of Korea-based Kakao.
Our social graph tool below highlights Ant’s investment and M&A activity over time. We’ve seen Ant use both investments and acquisitions in order to add financial products (Tianhong to add wealth management products, Cathay China to add insurance), expand its reach in emerging markets (Ascend Money in Thailand, Mynt in the Philippines, One97 in India), and double down on its omni-channel strategy for growing Alipay (Yum China).