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Tag Archives: ant financal

Paytm Gets $1B of New Funding from Softbank and Others

India’s digital payments company Paytm said it got new funding from its shareholders but also some new investors. SoftBank Group Corp.’s Vision Fund, Ant Financial and Discovery Capital will, therefore, together with new investors advised by T. Rowe Price Group Inc. fund Paytm to get it in front of its competitors as the country’s finance sector is slightly beginning to grill.From Ant Financial they said they have been searching for investment opportunities in Southeast Asia in order to...

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Ant Financial Commences Testing of Its Business Blockchain

Ant Financial, a subsidiary of Chinese tech giant Alibaba Group, has finally reached the testing phase of its business blockchain. The fintech arm of the tech giant, which has been working on a blockchain network created to support small and medium-sized businesses, has commenced its blockchain testing.Blockchain Tech Soon to Go LiveA top official at Ant Financial, Jieli Li who is the senior director of technology and business innovation at the company, stated during the World Blockchain...

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