Operated by Ant Financial Services Group, Alipay is the world’s leading payment and lifestyle platform. Launched in 2004, Alipay currently serves over 1 billion users with its local e-wallets partners. Over the years, Alipay has evolved from a digital wallet to a lifestyle enabler. Users can hail a taxi, book a hotel, buy movie tickets, pay utility bills, make appointments with doctors, or purchase wealth management products directly from within the app. In addition to online payments, Alipay is expanding to in-store offline payments both inside and outside of China. Alipay’s in-store payment service covers over 50 markets across the world, and tax reimbursement via Alipay is supported in 35 markets. Alipay works with over 250 overseas financial institutions and payment solution providers to enable cross-border payments for Chinese travelling overseas and overseas customers who purchase products from Chinese e-commerce sites. Alipay currently supports 27 currencies.

Alipay Website

Launched in August 2015, Ant Fortune is a comprehensive wealth management app that allows users to manage their finances in one place. Users can access wealth management products like Yu’e Bao and funds on the Ant Fortune platform. Ant Fortune has minimal entry requirements and is easy to use. Users can also enjoy services like financial newsfeeds, updates on stock movements, investor community and personalized investment recommendations.

Ant Fortune Website

Ant Financial took the lead in founding MYbank. MYbank is a private online bank established on June 25, 2015 with a mission to serve small and micro enterprises, to support the real economy and to practice inclusive finance. MYbank strives to be a pioneer in private online banks and also a practitioner of inclusive finance, so as to provide efficient and convenient financial services to small and micro enterprises as well as individual entrepreneurs.

MYbank Website

Zhima Credit is an independent, private, alternative credit service under Ant Financial, aiming to bridge the “trust gap” between consumers and businesses by assessing individuals’ willingness and ability to fulfil a commercial contract. Powered by technologies like AI and computing, Zhima Credit gives under-banked individuals the chance to prove to businesses that they are trustworthy in a simple and convenient way. Zhima Credit helps those who have never borrowed from traditional financial institutions gain access to deposit free services and expedited public services. A Zhima Credit Score ranges from 350 to 950 points, with a higher score indicating a lower risk of default on a user’s commercial obligations. Within the Alipay app, Zhima Credit lists the five categories of metrics that contribute to a Zhima Credit Score, including profile information like a user’s occupation and their fulfillment of contractual obligations, such as credit repayment history. Protecting user privacy and personal data is at the core of Zhima Credit. As an opt-in service, any data used to generate a Zhima Credit Score is only collected with the user’s prior consent and stored on an aggregated and anonymized basis. Zhima Credit does not share credit scores or underlying data with any third party without the user’s prior consent.


To learn more about Zhima Credit, please refer to this open letter by Zhima Credit Management Team:
Bridging the trust gap in the “New Renting Economy”.

Zhima Credit Website

Launched in October 2015, Ant Financial Cloud is an open platform providing world-class, customized cloud computing services for financial enterprises. Building on Alibaba and Ant Financial’s advanced technologies and experience in cloud computing, Ant Financial Cloud integrates numerous basic capacities of Ali Cloud with customized R&D based on the demands of the financial industry. As part of Ant Financial’s “Internet Booster Plan,” Ant Financial Cloud is helping financial institutions build safer, cheaper and more efficient IT infrastructures and enables them to better serve their customers.

Ant Financial Cloud Website