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Ant Group is a financial technology conglomerate based in Hangzhou, China, that provides digital payment, wealth management, and micro-financing infrastructure for consumers and small businesses. The company operates Alipay, a major mobile payment platform that currently serves over 1 billion annual active users globally. Operating closely with its affiliate Alibaba Group, the firm integrates its financial services across major e-commerce platforms like Taobao while securing early backing from institutional investors such as SoftBank. Originally valued at approximately $315 billion before its suspended 2020 initial public offering, the company's valuation was later estimated between $70 billion and $80 billion following a major corporate governance restructuring and a $984 million regulatory fine in 2023. The multinational organization was officially founded in 2014 by Jack Ma, evolving directly from the original digital escrow service launched in 2004.
Ant Group has raised $18.5B across 2 funding rounds.
Ant Group has raised $18.5B in total across 2 funding rounds.
Ant Group has raised $18.5B across 2 funding rounds. Most recently, it raised $14.0B Series C in June 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 7, 2018 | $14B Series C | — | General Atlantic, GIC, Khazanah Nasional Berhad, Silver Lake, Temasek, BEN Zhou | Announced |
| Apr 25, 2016 | $4.5B Series B | — | CCB Trust, China Investment Corporation, China Life, China Post Group, Primavera Capital Group | Announced |
Ant Group has raised $18.5B in total across 2 funding rounds.
Ant Group's investors include General Atlantic, GIC, Khazanah Nasional Berhad, Silver Lake, Temasek, Ben Zhou, CCB Trust, China Investment Corporation, China Life, China Post Group, Primavera Capital Group.
