Ant Group's international business, Ant International, is considering raising about US$1 billion to boost its growth prospects and support a potential Hong Kong listing as early as 2026 [1, 2].
The fundraising could value Ant International at US$10 billion or more, with existing shareholders such as General Atlantic and Silver Lake among the prospective investors approached for this round [1, 2].
Ant International was formed after Chinese regulators forced Ant Group to restructure in 2024, resulting in the creation of an independent board specifically for the unit [1, 2]. In 2024, Ant International recorded revenue of US$3 billion and grew by roughly 25% in 2025 [1, 2].
The business supports over 300 payment methods across more than 220 markets through its Alipay+ service, enabling global transactions for merchants and consumers [1, 2]. It operates four main business units: Alipay+, Antom, Bettr, and WorldFirst [1, 2]. Antom allows merchants to accept payments in over 100 currencies, while WorldFirst focuses on cross-border trade payments [1, 2]. Bettr provides AI-powered digital lending, treasury, and foreign exchange management services [1, 2].
Ant Group is also investing in emerging technologies, including large language models, humanoid robots, and a healthcare app with 140 million users [1, 2]. In March 2026, Ant Group got regulatory approval to acquire Hong Kong-based Bright Smart Securities & Commodities Group Ltd [1, 2].
Ant Group had previously aimed for the world's largest IPO in the early 2010s, but Chinese regulators halted the plan [1, 2]. The restructuring in 2024 aimed to separate Ant International from the domestic business to comply with regulatory demands and prepare it for an independent future.
The next key step is the planned fundraising round and potentially listing Ant International in Hong Kong later this year, which will mark a significant milestone in the company’s global expansion strategy [1, 2].
