The fintech firm’s global arm aims to secure fresh capital to fuel expansion amid investor interest from existing backers.
Ant International, the overseas unit of Ant Group, is in talks to raise approximately $1 billion in new funding. The capital raise targets existing investors, including private equity firms Silver Lake and General Atlantic, as the company seeks to accelerate its global growth strategy.
The move follows Ant Group’s broader efforts to strengthen its international operations, though no final agreements have been announced. Prior funding rounds for Ant Group have valued the company at over $150 billion, though market conditions have shifted since its halted IPO in 2020.
No immediate market reaction was reported, with discussions still in preliminary stages.