Alipay

company

About

Alipay offers a mobile and online payments platform that evolves from a digital wallet to a lifestyle enabler.

  • 501 - 1000

Details

Industries
E-Commerce,FinTech,Payments
Founded date
Jan 1, 2004
Number Of Employee
501 - 1000
Operating Status
Active

Alipay offers a mobile and online payments platform.

Launched in 2004, Alipay currently works with over 200 domestic financial institution partners. Over the years, Alipay has evolved from a digital wallet to a lifestyle enabler. Users can hail a taxi, book a hotel, buy movie tickets, pay utility bills, make appointments with doctors, or purchase wealth management products directly from within the app. In addition to online payments, Alipay is expanding to in-store offline payments both inside and outside of China. Alipay’s in-store payment service covers over 40 countries and regions across the world, and tax reimbursement via Alipay is supported in 29 countries and regions. Alipay works with over 250 overseas financial institutions and payment solution providers to enable cross-border payments for Chinese travelling overseas and overseas customers who purchase products from Chinese e-commerce sites. Alipay currently supports 27 currencies.

Investments

Number of Investments
Number of Lead Investments
1
1
Alipay has made 1 investments. Their most recent investment was on Dec 13, 2019, when One97 raised ₹47.24B.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 13, 2019 One97
Series G ₹47.24B Finance Yes