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2C2P aims beyond Southeast Asia with Ant Group investment

Majority stake gives Ant access to large regional retailers and airlines

Founded by Aung Kyaw Moe in 2003, 2C2P has hitherto focused on Southeast Asia's top six markets but with Ant investment can now look further afield. (Source photos by Getty Images and courtesy of 2C2P) 

TOKYO -- 2C2P, a low-profile payments platform quietly serving Southeast Asia's most well known retailers and airlines, now counts China's Ant Group, developer of the superapp Alipay, as its largest shareholder.

Last week's purchase of a majority stake in 2C2P gives Ant access to 2C2P's large enterprise clients in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Myanmar.

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