With a series of organizational and strategic upgrades in 2024, International Anta leading global provider of digital payments and fintech, has delivered robust growth over the past year across all four of its pillar businesses, Alipay+, Antome, World premiere And Embedded finance.
Alipay+ has expanded its dynamic wallet-based payment and scanning space, further strengthening World premiere And Antomeboth fintech services to businesses. The new Integrated finance This segment deepens Ant International’s ecosystem by offering a rich range of foreign exchange, cash management, inclusive lending and other AI-enabled fintech solutions to customers and partners of the other three core businesses.
“2024 was a transformative year for Ant International” said Peng Yang, CEO of Ant International. “We are committed to advancing inclusive growth through AI-driven innovation and collaboration in cross-border travel, trade and inclusive finance. »
Headquartered in Singapore, Ant International offers partners across sectors and markets a comprehensive range of digital payment and fintech solutions. It is committed to fostering inclusive growth through open collaboration and continuous innovation.
Among Ant International’s notable progress in 2024 so far:
Alipay+: Ant International’s cross-border mobile payment and scanning technology solutions.
- Alipay+ is an industry leader working with 35 leading mobile payment partners, including e-wallets, banking apps and BNPL apps, etc., connecting over 90 million merchants across 66 markets to 1.6 billion accounts of users. It has also formed strategic partnerships with national standardized QR systems, such as Singapore’s SGQR, Malaysia’s PayNet, South Korea’s ZeroPay, Cambodia’s KHQR, Nepal’s NepalPay QR and Sri Lanka’s LankaPay.
- Among global merchants accepting QR code payments via Alipay+, more than 90% are SMEs, reflecting Ant International’s focus on inclusive digital transformation.
- Cross-border transactions from global payment partners (excluding Alipay) via Alipay+ saw a three-fold year-over-year increase in 2024, where Alipay maintains its leadership.
Alipay+ is building a broader digital payment and digitization ecosystem for Ant International’s other core businesses.
Antome: a leading provider of merchant payments and digitalization services, offering centralized, vertical-specific digital payment solutions to merchants of all sizes.
- Antom Direct Acquiring Services Total Payment Volume (TPV) Nearly Doubles between January and November 2024 over the same period of 2023.
- Antom continues to strengthen its payment processing capabilities across all payment channels. Antom’s card processing volume increased more than 10 times over the previous year, while delivering industry-leading authorization rates to its global merchants.
- Antom continues to launch innovative technology-driven solutions to provide more secure and efficient services at lower costs to its customers. Antom Copilot has helped improve operational efficiency for merchants by reducing payment channel integration time from 5-10 days to just minutes. Antom EasySafePay has streamlined digital wallet payment procedures, eliminating the need to redirect the merchant’s payment page to the user’s wallet app, and provides comprehensive account takeover protection to wallet users, which which leads to a significant increase in payment success rate.
World premiere: a unique digital payments and financial services platform for global businesses.
- In 2024, five years after its acquisition, WorldFirst reached an annual TPV of US$100 billion, four times that of 2020. This marks its transformation into the first single global digital payments and financial services platform for cross-border businesses .
- In total, WorldFirst has served more than one million SMEs worldwide, with a total TPV exceeding US$300 billion and continued growth momentum as it expands its presence in Asia and Europe to the rest of the world.
Below Embedded finance, our Credit Tech and Platform Tech teams leverage cutting-edge AI and blockchain technologies to innovate, secure end-to-end integrated financial solutions for customers and partners across Alipay+, Antom and WorldFirst businesses, ranging from modeling from risks to cross-border settlement, foreign exchange and liquidity management, to credit and lending services for SMEs and underserved individuals.
- In line with the G20 commitment to reduce the costs of cross-border payments through technological innovation, Platform Technology developed a global leader Time Series Transformer AI FX Model to help multinational merchants in airline, e-commerce and other industries improve cash management efficiency and reduce costs. Our foreign exchange solutions predict local currency requirements in real time, hour by hour, with over 90% accuracy, significantly reducing costs and uncertainty not only for our own operations but also for millions of merchants, including including SMEs.
Through collaborative innovation with global financial institutions, we leverage blockchain technology provide a 24/7 real-time cross-border settlement service to our global businesses and customers. By 2024, the blockchain solution has supported more than a third of Ant International’s total processing volume.
- In 2024, leveraging AI Credit Technology and Risk Tech capabilities, Ant International added to ANEXT Bankits Singapore-based, MSME-focused digital bank, a new inclusive credit service under the brand better. Today, in emerging markets, including Bangladesh and Indonesia, bettr works with local fintech partners to enable more than 11 million unserved micro-businesses and individuals, mostly first-time borrowers, to acquire unsecured lending services based on more accurate and fair credit scores.
- In 2024, loans under management in Ant International’s SME finance services more than doubled compared to 2023.
“In 2025, we will continue to focus on supporting SMEs across borders with inclusive, innovative and reliable AI-powered payment, digitalization and financing solutions through expanded collaboration across sectors public and private » Yang said.