[BEIJING] With China's economy in free fall and millions of small businesses running low on cash, the online lending platform backed by billionaire Jack Ma entered crisis mode.

[HONG KONG] Billionaire Jack Ma's Ant Financial has applied for a digital banking licence in Singapore, as China's largest online financial platform steps up efforts to expand outside the mainland...

[HONG KONG] China may debut the breakout fintech innovation of 2020. Beijing is primed to launch the world's first digital sovereign currency. The initial roll out looks cautious, focusing on...

[JAKARTA] China's Ant Financial, a fintech affiliate of e-commerce giant Alibaba Group Holding Ltd, has quietly acquired a sizeable stake in a Vietnamese e-wallet eMonkey, people familiar with the...

[SHANGHAI] Chinese fintech company Ant Financial Services and US asset management firm The Vanguard Group have established a joint venture to provide retail investment advisory services in China,...

[BEIJING] Postal Savings Bank of China (PSBC), the state bank with the largest branch network, said it had signed a strategic cooperation agreement with fintech giant Ant Financial on Wednesday....

[MUMBAI] Japan is an unlikely bright spot for India's payments poster child. Facing fierce competition at home, Paytm has raised fresh funds from Ant Financial, SoftBank's Vision Fund and others,...

[BEIJING] China now has more privately-held start-ups valued by investors at over US$1 billion than the US, a report said Monday.

[BANGALORE] Indian fintech giant Paytm is close to scoring US$2 billion of new financing from investors including Jack Ma's Ant Financial, Japan's SoftBank Group Corp and Rob Citrone's Discovery...

[JAKARTA] Indonesian e-commerce firm Bukalapak on Friday said South Korea's Shinhan Financial Group joined its latest fundraising round that valued the startup at over US$2.5 billion.