FinTech Futures: Top five news stories of the week – 29 March 2024
Our pick of the top fintech news stories this week includes Robinhood, Mastercard, Visa, Ant Group and more.
Ant Group
Anext Bank in Singapore reportedly receives another $148m investment from parent company Ant Group
DealStreetAsia reports that Ant Group has now invested over $500 million in total in Anext Bank.
FinTech Futures: Top five news stories of the week – 12 January 2024
Our pick of the top fintech news stories this week includes Zilo, Ant Group, FirstOntario and more.
Ant Group reportedly nearing deal to acquire Dutch payments firm MultiSafepay
The potential acquisition would value the Dutch payments firm at $200 million, Reuters reports.
China imposes hefty fines on Ant Group and Tencent as it looks to normalise supervision
Ant Group and its subsidiaries have received a penalty of $984.3m, and Tenpay has been slapped a fine of $413m.
Ant Group enables Alipay+ mobile wallet integrations in Thailand
The mobile wallets include Alipay HK (Hong Kong SAR), Kakao Pay (South Korea), and Touch ‘n Go eWallet (Malaysia).
Indian telecom firm Airtel’s merger talks with Paytm reportedly fall through
Sources tell CNBC-TV18 that Paytm didn’t want to give up management control.
FinTech Futures: Top five stories of the week – 13 January 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Jack Ma to cede control of Chinese fintech Ant Group
After the restructuring, “no shareholder, alone or jointly with other parties, will have control over Ant Group”, the firm says.
FinTech Futures: Top five stories of the week – 26 August 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Malaysia’s Kenanga partners Ant Group to develop financial services super-app
The app will offer stock trading, investment management, an e-wallet, crypto trading and FX capabilities.
Singapore’s Anext launches as digital wholesale bank
The soft launch comes after the firm received approval from MAS to commence business.
FinTech Futures: Top five stories of the week – 22 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Ant Group snaps up majority stake in 2C2P to drive digital payments adoption
Ant Group will become a majority shareholder of 2C2P.
Ant sets up working group to overcome Chinese regulatory requirements
Companies like Ant have until November 2021 to register a new financial holding.
China’s central bank issues Ant Group ultimatum after blocked IPO
The Peoples’ Bank of China wants Ant to overhaul its business or face the consequences.
Chinese regulator approves Hong Kong leg of Ant’s $30bn IPO
The company still needs approval from the Hong Kong stock exchange’s listing committee.
