Ant International set to create digital business centre in Malaysia

By Gloria Mathias

Ant International, a digital payment and financial technology company, has announced that it will establish a new Digital Business Centre in Malaysia, focusing on tapping local tech talent to drive its global businesses.

Ant International’s new Digital Business Centre will move into The Exchange 106, at the heart of the Tun Razak Exchange financial and business hub, by 2025, according to Douglas Feagin, President of Ant International.

CEO of Malaysia Digital Economy Corporation (MDEC), Ts. Mahadhir Aziz said, “The opening of the new Digital Business Centre in Malaysia by Ant International is truly commended, as such an initiative plays an important role for the local tech talents to thrive in its global businesses in the digital industry. This will create more jobs, and investment opportunities and thus, position Malaysia as the digital hub of ASEAN. This is a testament to their commitment to choosing Malaysia as a preferred country in the mission to propel the digital economy. Congratulations to Ant International for this remarkable achievement and they have our continuous support.”

Ant International is an affiliate of Ant Group, which traces its roots back to Alipay since 2004. Ant International comprises four key businesses:

• Alipay+ Cross-Border Mobile Payment Service
• Antom Merchant Payment Services
• WorldFirst digital payment and financial services
• ANEXT Bank, a digital wholesale bank regulated by the Monetary Authority of Singapore,

Present in Malaysia since 2014, Ant International has collaborated with local partners to promote a vibrant FinTech community, benefitting Malaysians with more convenient digital payments, while also supporting digital inclusion and creating economic opportunities for local businesses.

“Those who join our team will have a front-row seat to global fintech innovation and collaborations and play a part in our mission to shape the future of fintech and commerce, where every person and every business can thrive. With a focus on supporting the development and growth opportunities of our employees, we not only strengthen our teams but also contribute to the growth and advancement of the fintech industry in Malaysia,” said Feagin.