Ant Group's WorldFirst Plans Release of E-commerce Digital Financial Solutions in SEA

WorldFirst, a subsidiary of Ant Group, announced its plan to launch e-commerce digital financial solutions in new Southeast Asian markets this year to next year, helping SMEs grow through a secure, fast and reliable one-stop solution for cross-border payments and financial services. WorldFirst revealed that the monthly GMV of SME customers in Singapore has increased by 70% from January to October this year.

Clara Shi, CEO of WorldFirst and Vice President of Ant Group, believed that the provision of secure and fast cross-border payment and e-commerce empowerment services can help Southeast Asian SMEs expand their international business.