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Tag: Ant Financial

Alibaba’s Ant Financial Buys Moneygram in Play for US Expansion

E-payment & Security

Alibaba’s Ant Financial Buys Moneygram in Play for US Expansion

January 30, 2017

Via: Emarketer.com

Ant Financial Services Group, an Alibaba affiliate and operator of China’s dominant digital payment service Alipay, agreed to purchase US payments company Moneygram in a deal worth $880 million. Ant Financial’s acquisition of Moneygram is not its first foray into […]