ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Finance

Former Ant execs' startup draws new investors and bank partners

XTransfer CEO aims to build 'PayPal for cross-border trade'

SHANGHAI -- The wings of China's Ant Group, crowned as the world's most valuable financial technology startup, have been dramatically clipped in recent weeks with the cancellation of its planned initial public offering and binding new restrictions on its dealings with banks and customers.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more