Details
Industries BankingFinancial ServicesFinTechPaymentsHeadquarters Regions Asia-Pacific (APAC) Sub-Organization of Alibaba GroupFounded Date Oct 2014 Founders Jack Ma Operating Status Active Last Funding Type Debt Financing Also Known As Alipay, 支付宝, 蚂蚁集团, Ant Financial, 蚂蚁金服 Legal Name Ant Group Co., Ltd. Related Hubs Ant Group Portfolio Companies Hub Tags Unicorn
Company Type For Profit
Number of Exits
Phone Number 571-2688-8888
Ant Group aims to create the infrastructure and platform to support the digital transformation of the service industry. They strive to enable all consumers and small businesses to have equal access to financial and other services that are inclusive, green, and sustainable.
Formally established in October 2014, Ant Group’s origins date to 2004 when
Alipay was created in the nascent days of e-commerce to solve the trust issue between buyers and sellers in online transactions. Their innovative payment solution bridged the trust gap, facilitated online transactions, and underpinned the development of e-commerce in China.
Having pioneered digital payments in China, Ant Group has since expanded its service offerings through technology and innovation to enable digital finance for consumers and businesses.
Their technology enables participants in commercial activities, including consumers, businesses, and partners, to build and strengthen trust among each other. They believe their new technologies, including their blockchain solution that they call AntChain, will continue to strengthen the foundation of trust in this digital era.
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Sub-Organizations
- Chongqing Ant Consumer Finance
Division - Ant Digital
Subsidiary - Alipay
Subsidiary