Ant Financial announces new round of financing amount of USD 14 billion

This round of financing will be mainly used for Alipay's globalization expansion, independent research investment and the recruitment of top global talent.

Ant Financial announced a new round of financing to the public, a total amount of 14 billion US dollars on June 8th. The company officially disclosed the total amount of financing, which is 4 billion US dollars higher than the figure disclosed by foreign media in mid-May.

This round of financing includes both RMB funds from domestic investors and USD funds raised from international investors by Ant International, a wholly owned subsidiary of Ant Financial.

In addition to the original shareholders continuing to participate in the investment, the top global capitals including Singapore Government Investment Corporation, Malaysian State Treasury Holdings, Warburg Pincus Investment, Canadian Pension Fund Investment Corporation, Silver Lake Investment, Temasek, General Atlantic, T. Rowe Price's funds, Carlyle Investment Group, Janchor Partners, Discovery Capital Management and Baillie Gifford became new strategic investors.

Ant Financial said that this round of financing will be mainly used for Alipay's globalization expansion, independent research investment and the recruitment of top global talent., thus enhancing the ability of Alipay and its partners to provide inclusive financial services to global consumers and small and micro enterprises. In addition, funds will also be used to nurture local technology talents in emerging markets and help local digital transformation, so that ordinary people can also enjoy the dividends brought about by the digital economy.

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