back Back

Ant International unveils ‘bettr’, a global SME digital lending service

By Gloria Mathias

June 19, 2024

  • Ant International
  • APAC Fintech
  • Bettr

bettr, Ant International, Global SME, digital lending services, Thailand, Singapore, Lending Technology, MSMEs, SME Solutions, Fintech APAC News, APAC fintech, Loans, micro lending,  Ant International, a global digital payment and financial technology provider, has unveiled bettr, a global digital lending service to provide microloans to micro, small and medium enterprises (MSMEs) in strategic markets through embedded finance partnerships.

Yang Peng, CEO of Ant International said, “I’m thrilled to introduce bettr to SMEs and industry partners across emerging markets. This is a major milestone in our journey to empower SMEs worldwide with innovative fintech solutions through open collaboration with regional partners. bettr’s mission is to make financing simpler and more accessible for micro and small businesses as they become the new engine for regional and cross-border trade and commerce. We look forward to expanding partnerships with leaders across industries to achieve our shared vision for an inclusive, sustainable future commerce ecosystem.”

Recognising the unmet need for inclusive and accessible financial services globally, bettr aims to enable an open, collaborative ecosystem to enhance the accessibility and ease of credit support by leveraging AI, privacy-preserving computing and other digital innovations to close the financing divide and unlock growth opportunities for MSMEs.

Marking the launch, bettr announced its inaugural embedded finance collaboration with Asset World Corporation (AWC), Thailand’s integrated lifestyle real estate group and a member of the TCC Group.

Wallapa Traisorat, CEO and President of AWC said, “AWC is very excited to partner with Ant International for the launch of bettr. This collaboration will allow both parties to fully leverage their strengths where bettr will intuitively avail digital lending to AWC’s ecosystem of micro and small businesses via our various platforms and engagement channels. The partnership is expected to benefit sellers, buyers, and AWC suppliers, conducting business on Phenix both online and offline, and will eventually benefit merchants across AWC’s hospitality, Retail and Wholesale and Commercial businesses.”

“With a booming SME economy, Thailand has been a strategic market for Ant International from day one, where we learned from deep-rooted partnerships and serve thousands of local businesses through digital payments, connecting them with global travelers and export markets. With bettr, we are now able to expand the financial services offerings by providing accessible financing, empowering small businesses to grow and thrive,” added Yang Peng.

Previous Article

June 19, 2024

LatAm FinTech Prometeo expands footprint to the US market

Read More
Next Article

June 19, 2024

Nium powers airline payments with Air France & KLM

Read More

IBSi Daily News Analysis


July 19, 2024

Ant International

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


Liberis & Nexi team to offer revenue-based financing in Germany

Read More

July 24, 2024

4 FinTech platforms emerging in India’s expanding BNPL ecosystem

Read More

July 24, 2024

Cash Plus goes live with Profile Software’s Finuevo Suite

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024