Expanding the company’s capability to support local partners with FinAI solutions

SÃO PAULO: Ant International, the leading global digital payment, digitisation, and FinAI solutions provider, today announced that it has received a Payment Institution (PI) licence from the Central Bank of Brazil.

“With the Central Bank's invaluable support, we are ready to step up more reliable and comprehensive global payment and account services to enterprises, platforms and SMEs in the country's dynamic digital economy, in ever deeper collaboration with its highly developed payments ecosystem and financial services industry,” said Rodrigo Reif, General Manager, Ant International Brazil.

Ant International provides cross-border payments and account services, embedded credit and treasury services, and other finAI and blockchain solutions to clients across Asia, Europe and the Americas.

The company processes over 20 million transactions daily, connecting 2 billion consumer accounts to 150 million global merchants via its digital payment ecosystem.

The PI licence builds on the services Ant International already offers in the market through Antom, its merchant payment and digitalisation platform, which enables merchants to accept PIX, credit cards, and a wide variety of alternative payment methods. The licence will strengthen Ant International's local and cross-border payment capabilities in Brazil.

About Ant International

Ant International is a leading global digital payment, digitisation and FinAI solutions provider. Through collaboration across the private and public sectors, our unified techfin platform supports financial institutions and merchants of all sizes to achieve inclusive growth through a comprehensive range of cutting-edge digital payment and financial services solutions. To learn more, please visit https://www.ant-intl.com/.

Fonte: Business Wire