China Fintech Giant Ant International To Set Up Business Centre At TRX

Over 500 jobs are expected to be created.
Ant International, a digital payment and financial technology leader dedicated to building an inclusive and sustainable global commerce ecosystem, announced that it will establish a new Digital Business Centre in Malaysia.

Ant International also said that it will create more than 500 new job opportunities in the first year, with more hirings in the next four years till 2028.

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Trx entrance
For illustrative purposes only. Photo by WeirdKaya.

Read also: M’sians Spotted Lining Up In Long Queue To Exit TRX Station For The Mall On Christmas Eve As If Queuing For Viral Food

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To move into TRX by 2025

Majority of roles created will be tech-focused, aligning with the company’s vision in using tech and innovation to accelerate global commerce and inclusion.

The biggest team being the Technology and Development department, comprising a range of software development engineers, followed by Product & Design team, and Data Science and Risk Control team.

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For illustrative purposes only. Photo by WeirdKaya.

According to Douglas Feagin, President of Ant International, 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.

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,” he said.

About Ant International

Ant International is an affiliate of Ant Group, which traces its roots back to Alipay since 2004 and is one of the world’s leading open internet platforms.

Ant International comprises four key businesses:

  • Alipay+ Cross-Border Mobile Payment Service connects over 88 million merchants to 1.5 billion consumer accounts on over 25 e-wallets and banking apps in 57 countries and regions, allowing consumers to travel and pay worry-free across borders, and merchants to build out cross-border consumer engagement and digital marketing. Alipay+ is integrated with Malaysia’s national QR, DuitNow QR.
  • Antom Merchant Payment Services help global merchants to engage digitally with consumers in Asia and beyond.
  • WorldFirst digital payment and financial services for cross-border trade SMEs has served over 1 million SMEs to grow internationally with its World Account, with plans to serve Malaysian SMEs by 2024.
  • ANEXT Bank, a digital wholesale bank regulated by the Monetary Authority of Singapore, focuses on enabling effortless and accessible financial services to SMEs.

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

For example, through its partnership with TNG Digital, Ant International has enabled users of Touch ‘n Go eWallet to make payment around the world, on top of driving positive development in Malaysia’s mobile wallet ecosystem and digital economy.

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Read more: China Fintech Giant Ant International To Set Up Business Centre At TRX
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