Ant Group close to buying MultiSafepay in about $200 million deal

Ant, an Alibaba Group affiliate, did not immediately respond outside Asia business hours. Alibaba holds a 33% stake in Ant, according to Alibaba’s interim fiscal year 2024 report published in December. Representatives for MultiSafepay did not respond to requests for comment. The acquisition follows Ant Group’s purchase of Singapore-based payments firm 2C2P in 2022.