Ant International Bags $1.2 Billion Ahead of Potential Hong Kong IPO
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Singapore-based fintech giant Ant International has raised about $1.2 billion in a Series A round backed by Alibaba and Ant Group, securing fresh capital as it gears up for a potential Hong Kong IPO.
The fundraising, announced Tuesday, drew global investment firms. The cash injection will bankroll the company’s global expansion, AI initiatives and cross-border financial services.
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