Ant International looking to raise $1b in private funding round: report

▤ Summary

Ant International plans to raise $1 billion in a private funding round at a reported $10 billion pre-money valuation. The company operates as an overseas affiliate of Ant Group and focuses on digital payments and fintech services. Existing Ant Group investors are expected to provide much of the capital. The fundraising comes as the company continues to explore a Hong Kong listing, although no timetable has been set.

$ Funding

▦ Linked Companies