This is the business started by Ant Financial, and it is also the entrance of many Internet finance businesses of Ant Financial. At present, the brand of the group is mainly Alipay. There is a saying in the Internet industry that "the payer wins the world". At present, Ant Financial is a well-deserved king in the field of online payment. On the PC side, Alipay has achieved an unparalleled position through the efforts of 1 1 year, and its market share is close to 50%. On the mobile side, Alipay remains strong despite fierce competition. According to iResearch statistics, by the end of 20 14, Alipay's market share reached 82.8%.
According to the data interviewed by Caixin magazine, the number of active users of Alipay has exceeded 400 million, of which more than 80% are mobile users, and the number of daily payments exceeds 65.438+0.2 billion. Alipay is the largest online payment platform and the largest mobile payment platform in the world, regardless of the size of users or the number of payments. It is reported that PayPal, another online payment giant, is about to split from Yi Bei, and its market valuation is $40 billion. In fact, the gap between Alipay and the once largest payment company in the world is widening. In terms of the number of mobile payment transactions, Alipay is four times that of PayPal in 20 14 years.
Of course, the value of payment is not limited to this, and Ant Financial has the deepest understanding of this. With the advent of the mobile era, payment is connection. User-centered, it can connect commerce, service, life and finance through payment. Alipay will use its absolute advantages to make extensive connections, and after winning O2O and public services, it will become the largest online life service platform in China.
Wealth management business section
From the deployment point of view, this is one of the most important business segments of Ant Financial. Payment business makes people spend money to save money, and wealth management business makes people make money. Only when the back-end wealth management business is bigger and users are willing to invest their money in the Ant Financial Service System can the front-end payment business become living water.
Ant Financial currently has more than 200 million wealth management users, and the thickness and depth of this plate are unparalleled. Yu 'ebao, Zhaocaibao, Ant Dake, plus Zhongan Insurance, Jimmy Fund Network and Net Gold Society. Sub-brands also cooperate with each other to meet the financial needs of users at different levels and form a complete product matrix. From the perspective of business similarity, this business segment is equivalent to the sum of Golden Deer Research Institute+Oriental Fortune Network+the largest fund company+….
Among them, Yu 'ebao, as the most shining Internet financial product, has a scale of over 600 billion and is the top three monetary funds in the world. It is positioned as a cash management tool. For those pure financial users who are more concerned about income, moderate risk preference and large investment amount, Ant Financial has prepared a lucky treasure for them. Zhaocaibao, which has only been online for more than a year, has a current transaction volume of more than 654.38+06 billion, making it the largest online financial management platform in China. Those financial users who prefer high risks and high returns can find their own investment opportunities in Netscape. In terms of insurance, in addition to providing a sales platform for major insurance companies, Zhongan Insurance, as the largest single shareholder of Ant Financial, is the first internet insurance company in China, and its insurance products are constantly innovating, among which freight insurance is the largest one-day sales in the world. Ant can be a pawn in the field of equity crowdfunding, and I believe it will be available soon. In the field of securities, despite the constant rumors, Ant Financial has never been seen. What is certain is that Ant Financial will not be absent in this field.
When the layout is comprehensive, the financial business of Ant Financial will become a one-stop financial platform. There are various investment and wealth management businesses on the platform. After the user's money comes in, you don't have to go out again.
Financing business sector represented by online merchant banking behavior
To meet the financing needs of users and merchants, it is the newly established online merchant bank and ant small loan. Before the establishment of the online merchant bank, this business was supported by ant small loans. Ant Small Loan uses big data for risk control and creates a brand-new loan model. Since its establishment five years ago, it has served more than10.6 million small and micro enterprises, and the accumulated loan balance has exceeded 400 billion. In five years, it is impossible for any bank to achieve the order of magnitude of credit users of small and micro enterprises. However, limited by the source of funds and business scope, small loan companies can not fully meet the needs of users, and the establishment of online merchant banks can just solve this problem.
According to the recent statement of the online merchant bank, what this internet bank should do is to build a platform, create a "small bank big ecology", and strive to serve100000 small and micro enterprises and individual entrepreneurs within five years.
Credit information business section
Credit investigation is the infrastructure of finance and even the whole society, so the importance of sesame credit in the layout of Ant Financial Services can be seen. In the business structure of the whole group, Sesame Credit will be a middle-level business, subordinate to various specific businesses, providing export credit services for payment, wealth management and online merchant banks.
Not surprisingly, Sesame Credit will soon get the first credit license. Among the eight credit reporting agencies notified by the central bank at the beginning of May 438+10, Sesame Credit is the most promising one. Because it has accumulated huge e-commerce data and internet financial data, the data related to these transactions are inherently related to credit reporting. Disappointingly, less than 1 month after the central bank's notice was issued, Sesame Credit launched the public beta and launched the first personal credit score in China, which was the best among all credit reporting agencies and progressed smoothly. Judging from the business composition of Sesame Credit, it is not only a credit evaluation institution, but also a credit management institution, and it also has strong Internet characteristics, so it looks like a combination of Equifax+FICO+ZestFinance.
Sesame Credit divides application scenarios into two categories: life field and financial field. In the future, P2P and consumer finance in life and finance will be covered first, and finally full coverage will be achieved. Since the public beta, Sesame Credit has continuously attacked the city in the fields of car rental, renting, making friends, driving and visas, and has accumulated a good user base and accessed a large number of Internet financial platforms. At the end of June, the first cooperative commercial bank signed a contract to achieve a breakthrough in the core banking field. Imagine that one day, whether you borrow money, make friends or apply for a job, you will be asked to check sesame credit. Sesame credit not only has market value, but also has great social significance
International business section
At present, the international business of Ant Financial has more than 654.38+07 million active users worldwide, and 654.38+04 currencies can be freely settled through Alipay. With the internationalization after Alibaba's listing, as a supporting facility for the e-commerce system to go to sea, the internationalization layout of Ant Financial has obviously accelerated, and Alipay headquarters has also moved to Shanghai accordingly.
Since last year, Ant Financial has successively launched Alipay's overseas tax rebate, overseas O2O, overseas transportation card, international remittance and overseas direct purchase, which greatly expanded Alipay's overseas application scenarios.
At the same time, Ant Financial also acquired a 25% stake in Indian payment company Paytm at the beginning of the year, which has become the largest mobile payment company in the Indian market, and its future prospects are immeasurable. In terms of payment services, Ant Financial will respect users' choice of localization. Take a piece of the action, and then export the technical ability accumulated in the China market to the other party, so as to occupy the market as soon as possible. Not surprisingly, in the future, Ant Financial will carry out acquisitions and cooperation similar to Paytm in other countries, and then get through with Alipay, so that a fund settlement network can be quickly established.
Technology and Data Operations Section
This is the lowest part of all the businesses of Ant Financial, and it is also the core competitiveness of Ant Financial. Although these businesses are not obvious, they are real nuclear weapons, which is why Ant Financial has been leading for many years.
Because of the application of cloud computing, Alipay's payment capacity reached 68,000 transactions per second last year, far exceeding domestic and foreign financial institutions such as VISA. Thanks to technological progress, Ant Financial has reduced the cost of each online transaction to less than 2 cents, ensuring the smooth development of various inclusive finance businesses. In terms of safety, Ant Financial has controlled the risk probability to one in a million, reaching the global leading level. In addition to providing a solid backing for the group's business, the technical strength of Ant Financial is also being exported, the most typical of which is the financial cloud. At present, more than 200 financial institutions have migrated related services to the financial cloud. Imagine that in the future, the system of financial institutions will run on Ant Financial Cloud, and the products will be sold through the platform of Ant Financial, which will become the "soil" for the growth of financial institutions.
In this business segment, it also implies and breeds the future of Ant Financial-big data. In the future, the competition of big companies will revolve around data. Whoever has data has a future. Ant Financial has defined itself as a technology-driven data company since its establishment, which shows its strategic vision. At present, it is one of the few companies in the world with big data resources, big data thinking and big data application capabilities. Use big data to help fund companies develop new products, help insurance companies make differentiated pricing, help banks make early warning of customer churn, help merchants better discover and understand customers, and use big data to help financial institutions manage loan risks ... The value of big data is constantly being discovered in the attempt. With the maturity of the whole ecology of Ant Financial Service, all kinds of data will be further precipitated on this platform, and then they will be mined and utilized, forming a virtuous circle and becoming an inexhaustible treasure.
The social security fund, which takes stability as its first priority, obviously invests at this time because of great profit certainty. Ant Financial is not far from listing. It is estimated that it will land in the capital market in 20 17 at the latest, so that it can share its growth value with domestic users.