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Ant Financial Puts IPO Plans on Hold
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Ant Financial Puts IPO Plans on Hold

Ant Financial Puts IPO Plans on Hold

Fintech Nexus Staff·
FintechNews Roundup
·Oct. 27, 2017·1 min read

The Wall Street Journal reports that Ant Financial is putting plans on hold to go public and will continue to invest in a wide variety of startups; Ant is one of the world’s most valuable fintech companies and last raised $4.5 billion in April 2016 giving it a $60 billion valuation; the firm is focused on expanding Alipay beyond the 70 countries it is used and deploying artificial intelligence technology. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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