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Reading: Digital Finance Powerhouse Ant International Scales New Heights in Global Fintech Landscape
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Fintech

Digital Finance Powerhouse Ant International Scales New Heights in Global Fintech Landscape

Nicole Kristine Jovero
Last updated: December 16, 2024 1:12 am
Nicole Kristine Jovero
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  • Ant International accelerates global fintech expansion
  • Digital payments surge
  • AI-powered solutions transform inclusive financial services worldwide

Contents
Global Expansion Meets Tech InnovationSME-Focused Solutions Drive Strategic GrowthAI and Blockchain Powering Inclusive Finance

Global Expansion Meets Tech Innovation

Ant International, the Singapore-based digital payment and financial technology provider, reported remarkable growth across its four core businesses in 2024.

Alipay+ led the charge by connecting over 90 million merchants in 66 markets, collaborating globally through 35 mobile payment partnerships. The platform’s cross-border transactions tripled year-on-year, demonstrating its expanding digital ecosystem.

SME-Focused Solutions Drive Strategic Growth

The company’s business segments, including Antom and WorldFirst, showcased impressive performance. Antom’s total payment volume nearly doubled between January and November, introducing innovative solutions like Antom Copilot that dramatically reduce payment channel integration time. WorldFirst celebrated reaching a $100 billion annual transaction volume, serving over 1 million SMEs globally.

AI and Blockchain Powering Inclusive Finance

Embedded Finance emerged as a critical growth area, leveraging cutting-edge AI and blockchain technologies. Ant International developed a groundbreaking Time-Series Transformer AI FX Model predicting local currency needs with over 90% accuracy.

Through its digital bank ANEXT and the “bettr” brand, the company expanded inclusive credit services, enabling over 11 million unserved micro businesses in emerging markets to access uncollateralized loans.

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