Ant Financial to pour $73.5m into Myanmar fintech firm Wave Money
Ant Financial, an affiliate company of the Chinese group Alibaba, has announced it will invest $73.5 million in the Burmese fintech company Wave Money as part of a strategic partnership to promote financial inclusion in Myanmar. The initiative is part of the government's plan to increase financial inclusion in the country from 48% to 60% by 2022.
https://www.techinasia.com/ant-financial-pour-73m-myanmar-fintech-wave-money