After a rumor broke out yesterday that a California-based crypto start-up Ripple has acquired the major US-based money transfer company MoneyGram, both companies refused to comment. Still, even the rumor was enough for XRP price 8% boost.
Owing to Ant Financial’s partnership with Barclaycard, UK retailers will be able to offer their clients a possibility to pay via Alipay app.
The number of venture capital investment deals, as well as funding volumes, managed to show significant growth in 2018.
Billionaire Jack Ma believes that blockchain can revolutionize the world and moves from words to action: the affiliate of his Alibaba Group Holding has announced the new remittance service that will be free from transaction fees during the three month trial period.
Ant Financial will use this funding to expand its operations globally as well as towards developing emerging new technologies like blockchain.
Ant Financial, the operator of Alipay, is expanding its mobile payments platform into the United States market, following limited trials in California and New York.
The merger with Ant Financial will provide MoneyGram with resources to further develop its technology, systems and anti-money laundering and compliance programs.
Ant Financial is set to bring mobile payments technology to customers in Indonesia via a new partnership with major local media company Emtek.
Chinese e-commerce giant has unveiled its plans to launch a new service that will let customers to make payments in the virtual world by making hand gestures or nodding their heads.