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Tag archives: 2C2P

The financial technology firm Ant Group said on Monday it has formed a strategic partnership with Singapore-based payments platform 2C2P, as the latest addition to a global cross-border payment network that it is eyeing to construct. The partnership will see Ant, the operator of Alipay, become 2C2P's majority shareholder, though the acquisition amount wasn't disclosed. With a strong presence across key Asian markets like Thailand, Singapore and Malaysia, 2C2P offers payment acceptance, issuing, payout, as well as other value-added solutions to merchants. With the deal, the Singaporean firm's network of merchants will be plugged into Alipay+, Ant's cross-border payments platform