The three independent spin-offs of Chinese fintech giant Ant Group are accelerating their capital-raising efforts, forging distinct financial paths after gaining operational autonomy in 2024. Ant International, the overseas payments affiliate, recently completed a US$1.2 billion Series A round of financing , although it did not disclose its post-money valuation. Existing shareholders Ant Group and Alibaba Group Holding took part alongside international institutional investors, the company announced last week. In March 2024, Ant said Ant International, OceanBase and Ant Digital Technologies would each establish their own boards and operate independently. The three companies also introduced separate employee share-option programmes designed to better suit their start-up-like status, while Ant Group remained their holding company.