Ant Int’l sees growth in 4 divisions, Alipay+ holds 1.6 billion users

Cross-border transactions processed via Alipay+ tripled year-on-year in 2024.

Ant International reported significant growth across its four core businesses in 2024: Alipay+, Antom, WorldFirst, and Embedded Finance.

Alipay+, the company’s cross-border mobile payment and digitalisation arm, expanded its ecosystem to include partnerships with 35 mobile payment providers and standard QR schemes in markets like Singapore, Malaysia, South Korea, and Cambodia. 

It now connects 1.6 billion user accounts to over 90 million merchants across 66 markets. 

Cross-border transactions processed via Alipay+ tripled year-on-year in 2024, with over 90% of its participating merchants being small and medium enterprises (SMEs).  

Antom, which focuses on merchant payment and digitisation solutions, reported nearly double the total payment volume (TPV) for its direct acquiring services between January and November 2024 compared to the same period in 2023. 

Card processing volume grew tenfold during the year, aided by innovations like Antom Copilot, which reduced payment channel integration time to minutes, and Antom EasySafePay, which enhanced wallet payment success rates whilst improving security.  

WorldFirst, Ant International’s digital payment and financial services platform for global businesses, achieved an annual TPV of $100b in 2024—four times its 2020 figure. 

The platform, which serves over 1 million SMEs globally, has now processed a cumulative TPV exceeding $300b as it expands from Asia and Europe to other regions.