dotdailydose
With a series of organisational and strategic upgrades in 2024, Ant International, a leading global digital payment and financial technology provider, reported robust growth over the past year among all its four pillar businesses, Alipay+, Antom, WorldFirst and Embedded Finance.
Alipay+ expanded its vibrant wallet-based payment and digtalisation space that further strengthens WorldFirst and Antom, the two business fintech services. The new Embedded Finance segment deepens Ant International’s ecosystem by offering a rich array of FX, treasury management, inclusive lending and other AI-powered fintech solutions to clients and partners across the other three main businesses.
“2024 has been a transformative year for Ant International,” said Peng Yang, Chief Executive Officer of Ant International. “We are committed to advance inclusive growth through AI-powered innovation and collaboration on cross-border travel, trade, commerce and inclusive finance.”
Based in Singapore, Ant International provides partners across industries and markets a comprehensive range of digital payment and financial technology solutions. It is committed to driving inclusive growth through open collaboration and continuous innovation.
Among Ant International’s notable progresses in 2024 so far:
Alipay+: Ant International’s cross-border mobile payment and digitalisation technology solutions.
- Alipay+ leads the industry in collaboration with 35 leading mobile payment partners, including e-wallets, banking apps and BNPL apps, etc., connecting over 90 million merchants in 66 markets to 1.6 billion user It has also formed strategic partnerships with national standardised QR schemes, such as Singapore’s SGQR, Malaysia’s PayNet, South Korea’s ZeroPay, Cambodia’s KHQR, Nepal’s NepalPay QR and Sri Lanka’s LankaPay.
- Among the global merchants accepting QR code payments via Alipay+, over 90% are SMEs, reflecting Ant International’s focus on inclusive digital transformation.
- Cross-border transactions of global payment partners together (excluding Alipay) via Alipay+ registered three times year-on-year increase in 2024, where Alipay maintains the leadership.
Alipay+ builds a broader digital payment and digitalisation ecosystem for other pillar businesses of Ant International.
Antom: a leading merchant payment and digitisation services provider, offering one-stop, vertical-specific digital payment solutions to merchants of all sizes.
- Total payment volume (TPV) of Antom’s direct acquiring services nearly doubled between January and November 2024 over same period of 2023.
- Antom continues to strengthen its payment processing capabilities across all payment channels. Antom’s card processing volume grew over 10 times from that of previous year, while delivering top notch authorization rates to its global enterprise merchants.
- Antom continues to launch tech-driven innovative solutions to provide more secure and efficient services at lower cost to its customers. Antom Copilot helped enhance operational efficiency for merchants by reducing the payment channel integration time from 5 to 10 days to only a few minutes. Antom EasySafePay streamlined digital wallet payments procedures, eliminating the need to redirect from merchant checkout page to the user’s wallet app, and offers full account takeover protection to wallet users, and lead to significant payment success rate increase.
WorldFirst: a one-stop digital payment and financial services platform for global businesses.
- In 2024, five years after its acquisition, WorldFirst achieved an annual TPV of US$100 billion, four times that of 2020. This marks its transformation into the world’s leading one-stop digital payment and financial services platform for cross-border businesses.
- Accumulatively, WorldFirst has served more than 1 million SMEs globally, with a total TPV surpassing US$300 billion and an ever-strengthening growth momentum as it expands footprints from Asia and Europe to the rest of the world.
Under Embedded Finance, our Credit Tech and Platform Tech teams leverage cutting-edge AI and blockchain technologies to innovate secure, end-to-end embedded finance solutions to clients and partners across Alipay+, Antom and WorldFirst businesses, ranging from risk-modelling, cross-border settlement, FX and liquidity management, to credit and lending services for underserved SMEs and individuals.
- In line with G20’s commitment to lower cross-border payment costs via technology innovation, Platform Tech developed a world-leading Time-Series Transformer AI FX Model to help multi-national merchants in airline, e-commerce and other sectors to improve treasury management efficiency and reduce cost. Our FX solutions predict real-time local currency needs by the hour, with an accuracy of over 90%, significantly lowering cost and uncertainty for not only our own operations but millions of merchants, including SMEs.
Through collaborative innovation with global financial institutions, we leverage blockchain technology to provide 24/7 real-time cross-border settlement serviceability to our global business and clients. In 2024, the blockchain solution supported over one third of Ant International’s total processing volume.
- In 2024, leveraging AI-powered Credit Tech and Risk Tech capabilities, Ant International added to ANEXT Bank, its Singapore-based MSME-focused digital bank, a new inclusive credit service under the brand bettr. Today in emerging markets including Bangladesh and Indonesia, bettr collaborates with local fintech partners to enable over 11 million unserved micro businesses and individuals, most first-time borrowers, to acquire uncollateralized loan services based on more accurate and fairer credit ratings.
- In 2024, loans under management across Ant International’s SME financing services more than doubled compared to 202
“In 2025, we will continue to be laser-focused on supporting SMEs across borders with AI-powered innovative and trusted payment, digitalisation, and inclusive financing solutions through expanded public- and private-sector collaboration,” said Yang.
Precisely what I was searching for, thankyou for putting up.
Thanks for another informative web site. Where else could I get that kind of information written in such an ideal way? I’ve a project that I am just now working on, and I have been on the look out for such info.
There are definitely a variety of details like that to take into consideration. That may be a nice point to convey up. I supply the ideas above as general inspiration however clearly there are questions like the one you deliver up where a very powerful thing will likely be working in honest good faith. I don?t know if best practices have emerged round things like that, but I am certain that your job is clearly recognized as a fair game. Both boys and girls really feel the affect of only a moment’s pleasure, for the rest of their lives.
Hello there, I found your web site via Google while looking for a related topic, your web site came up, it looks good. I have bookmarked it in my google bookmarks.
I’ve learn some good stuff here. Definitely price bookmarking for revisiting. I wonder how a lot effort you place to make any such magnificent informative site.
Magnificent items from you, man. I have have in mind your stuff previous to and you’re just too magnificent. I really like what you’ve got right here, really like what you’re stating and the way during which you assert it. You make it entertaining and you continue to take care of to stay it sensible. I cant wait to read much more from you. That is really a wonderful web site.
I genuinely prize your piece of work, Great post.
I’d always want to be update on new posts on this web site, saved to favorites! .
I discovered your weblog web site on google and examine a few of your early posts. Proceed to keep up the superb operate. I just extra up your RSS feed to my MSN News Reader. Looking for ahead to studying more from you in a while!…
Thank you for another fantastic article. Where else could anybody get that type of information in such an ideal way of writing? I have a presentation next week, and I am on the look for such info.
Hello. splendid job. I did not imagine this. This is a remarkable story. Thanks!
I beloved up to you’ll obtain performed proper here. The cartoon is attractive, your authored subject matter stylish. nevertheless, you command get got an nervousness over that you would like be turning in the following. ill no doubt come more previously again as exactly the same nearly a lot steadily inside case you shield this hike.
I loved as much as you’ll receive carried out right here. The sketch is tasteful, your authored subject matter stylish. nonetheless, you command get bought an impatience over that you wish be delivering the following. unwell unquestionably come more formerly again since exactly the same nearly very often inside case you shield this increase.
I not to mention my friends have already been reviewing the best items located on your web page while suddenly got a terrible suspicion I had not thanked you for those secrets. Most of the young boys had been for this reason glad to read through them and have in effect quite simply been using them. Appreciate your genuinely well accommodating and for going for these kinds of superior subject matter millions of individuals are really eager to know about. My honest regret for not expressing gratitude to earlier.
Excellent website. A lot of helpful information here. I’m sending it to a few friends ans additionally sharing in delicious. And naturally, thank you to your sweat!
You could certainly see your skills within the paintings you write. The world hopes for even more passionate writers such as you who are not afraid to say how they believe. At all times follow your heart. “Man is the measure of all things.” by Protagoras.
After study a few of the blog posts on your website now, and I truly like your way of blogging. I bookmarked it to my bookmark website list and will be checking back soon. Pls check out my web site as well and let me know what you think.
I’m extremely impressed with your writing skills as well as with the layout on your weblog. Is this a paid theme or did you modify it yourself? Anyway keep up the nice quality writing, it’s rare to see a nice blog like this one today..
Keep working ,great job!