Ant Group Inks Deal to Become Payments Firm 2C2P’s Largest Shareholder

Payments firm 2C2P announced that Chinese fintech giant Ant Group will become its majority shareholder in a strategic partnership. Further details of the deal was not disclosed.

Through the strategic partnership, 2C2P’s extensive pool of merchants inclusive of global and regional brands will be connected with Alipay+, extending its current 250 payment options offering to include even more e-wallets and local payment methods.

With this, 2C2P’s merchants will benefit from a wider geographical reach.

Read more: Fintech News Singapore