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What does Ant Financial Service do?
Ant Financial Services is a financial service organization, which owns Alipay, Yu 'ebao, Ant Borrowing, Ant Wealth, Lucky Treasure, Sesame Credit and many other products. , and provide inclusive finance services for personal consumption and small and micro enterprises. Its predecessor was Xiaoweijinfu, which was raised in March 20 13. At present, relying on the Internet, Ant Wealth has made great achievements in big data and cloud computing.

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At present, Ant Wealth can be said to have built a financial industrial chain, providing payment and settlement services through Alipay, loan services through Ali Small Loan, and financing through asset securitization, in addition to guarantees, insurance and funds. With the approval of Zhejiang online merchant bank, it is more convenient to engage in loans, payments and settlement. The main breakthrough is to increase leverage and scale through deposits and interbank liabilities.