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.
Want the full expert post? Become a CB Insights customer.
If you’re already a customer, log in here.
