Ant Bank (Hong Kong) recently received a US$100 million capital injection from its parent company, Ant International.

Ant Bank will further enhance investments in services and innovative products, expand collaborations with partners, and provide customers with more personalized and flexible financial solutions while advancing Hong Kong’s digital financial landscape toward greater openness, inclusivity, and convenience.

Ant Bank has leveraged Ant International’s technological advantages to launch a range of inclusive financial services. These include the eM+ High Yield Account, “Ant Bank PayLater” for buy-now-pay-later options, low-interest personal revolving loans, and low-cost fund investments starting at HK$1. These offerings form a diversified product matrix.

As Hong Kong’s only digital bank that is deeply integrated with an e-wallet, these innovations not only enhance the service ecosystem of AlipayHK but also elevate it into Hong Kong’s most comprehensive lifestyle platform, achieving a synergistic effect of “1+1>2.”

Yvonne Leung, Chief Executive of Ant Bank (Hong Kong) said:

“Over the years, international and local financial institutions have shaped Hong Kong into a global financial hub through professionalism and innovation. Ant Bank is committed to learning from industry leaders, deepening collaborations, and delivering more convenient, secure, and diverse services to Hong Kong residents while contributing to the city’s economic development.”

Venetia Lee, Greater China General Manager of Ant International, said:

“Ant International is optimistic about Hong Kong’s future. This investment reflects our confidence in the local market and long-term commitment, further driving the integration of financial services with the economy. We aim to collaborate with all sectors to advance Hong Kong’s smart city initiatives and solidify its leading position in global FinTech.”

Ant International, headquartered in Singapore, provides comprehensive wallet solutions, integrated merchant payment services, digital accounts for small and medium-sized enterprises (SMEs), and other fintech solutions to businesses and financial institutions.

As of the end of 2024, Ant International operates four core businesses: Alipay+, Antom, WorldFirst, and scenario-based financial services.

Ant Bank (Hong Kong) Limited is a wholly-owned subsidiary of Ant International. On 9 May 2019, Ant Bank (Hong Kong) received a banking licence from the Hong Kong Monetary Authority, and it officially opened on 28 September 2020.