Ant Financial Services, an affiliate of e-commerce giant Alibaba Group Holding, has agreed to buy UK-based payments company WorldFirst, more than a year after its US$1.2 billion acquisition of MoneyGram was blocked by the US government. Photo: Imaginechina

Ant Financial acquires UK payments firm WorldFirst to advance its global expansion

  • The acquisition comes mores than a year after the US blocked Ant Financial’s US$1.2 billion MoneyGram deal
Topic |   Mobile payments

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Ant Financial Services, an affiliate of e-commerce giant Alibaba Group Holding, has agreed to buy UK-based payments company WorldFirst, more than a year after its US$1.2 billion acquisition of MoneyGram was blocked by the US government. Photo: Imaginechina
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