Ant Financial has formed a strategic partnership with Thailand fintech Ascend Money as it seeks to expand its digital financial services. It becomes Ant’s second global partner, after it invested US$680 million in India’s e-wallet company Paytm in September last year. Photo: Xinhua

Ant Financial forms strategic partnership with Thai fintech Ascend Money

Finance affiliate of e-commerce giant Alibaba is currently valued at US$60 billion after its latest US$4.5 billion round of fundraising in April

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Ant Financial has formed a strategic partnership with Thailand fintech Ascend Money as it seeks to expand its digital financial services. It becomes Ant’s second global partner, after it invested US$680 million in India’s e-wallet company Paytm in September last year. Photo: Xinhua
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