Overview

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Acquisitions
1 Acquisition
Total Equity Funding
$4.5B in 2 Rounds from 5 Investors
Headquarters:
Hangzhou
Description:
Ant Financial is an online payment services provider that enables individuals and businesses to execute payments online in a secure manner.
Categories:
E-Commerce, Advertising, Payments
Website:
http://www.alipay.com
Social:

Company Details

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Founded:
December 8, 2004
Aliases:
Alipay, 支付宝
Contact:
+8657126888888
Employees:
5k - 10k | 17 in Crunchbase

Alipay is an online payment services provider. Founded by the Alibaba group, it allows individuals and businesses to execute payments online in a secure manner. Alipay's users are primarily buyers and sellers engaging in e-commerce transactions. With a registered user base of approximately 43.5 million as of June 2007, Alipay is an accepted online payment method for many online retail websites and service providers in China. Clearly, it is also the main payment method on sister site Taobao.

Based on its huge customer based, has developed a complete online wallet which offers many services associated with payments while partnering with taxi-hailing services, cinema-theater booking services and so on.

Alipay has partnered with some leading Chinese banks including Bank of China, China Construction Bank, Agricultural Bank of China, and the Industrial and Commercial Bank of China; it also has a valuable partnership with Visa.

PayPal remains its primary competitor.

Funding Rounds (2) - $4.5B

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DateAmount / RoundValuationLead InvestorInvestors
Apr, 2016$4.5B / Series B4
Jul, 2015undisclosed amount / Series A1

Acquisitions (1)

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DateAcquiredAmount
Sep 13, 2016Unknown

Investments (10)

DateInvested InRoundPartner(s)
Sep, 2016$460M / Venture
Jun, 2016$4.5B / Undisclosed
Jun, 2016$35M / Venture (Lead)
May, 2016¥1.7B / Series A (Lead)
Apr, 2016$1.25B / Private Equity
Oct, 2015undisclosed amount / Series D (Lead)
Sep, 2015$680M / Venture
Aug, 2015$200M / Series E (Lead)
Jan, 2015$550M / Private Equity (Lead)
Nov, 2014$12M / Series B

Current Team (17)

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Products (1)

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Competitors (1)

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  • PayPal provides online payment solutions to its users worldwide.

Offices/Locations (1)

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  • Office

    6/F Chuangye Mansion, East Software Park

    No.99 Huaxing Road

    Hangzhou, 310099

    CHN

Past Team (5)

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Images (1)

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