Ant's mega IPO: Five things to know about the fintech king

Who controls it, who are its competitors and more as $35bn offering nears

20201006 Alipay

Ant Group made a name for itself with its Alipay mobile wallet before branching out into a wide range of financial services.   © Reuters

NARAYANAN SOMASUNDARAM, Nikkei Asia chief banking and financial correspondent

HONG KONG -- Ant Group, an Alibaba affiliate and the world's most valuable fintech, is putting the final touches on what is shaping up to be the world's largest initial public offering.

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