Brief: Alibaba Affiliate Ant Financial Announces Second Pre-IPO Funding Round

January 4, 2016 @ 3:34 pm By Samantha Hurst

On Monday, Alibaba’s financial affiliate Ant Financial announced that it is planning to launch a second pre-IPO funding round.

According to Wall Street Journal, A spokeswoman for Ant Financial, stated that the company currently doesn’t have a timetable for an initial public offering. She declined to give a fundraising sum or the company’s expected valuation. She also noted that the funding would be denominated in Chinese yuan., which would make it easier for the company to list the company in mainland China.

Ant Financial completed its initial round this past summer and raised 12 billion yuan ($1.9 billion). Following the pre-IPO funding round, Alibaba announced Ant Financial unveiled an integrated wealth management app designed to provide Chinese consumers with “simpler access” to the company’s growing number of financial services. The Ant Fortune app integrates Ant Financial’s popular money market fund, Yu’e Bao, and thousands of products available through Zhao Cai Bao, a peer to peer lending platform.Between Yu’e Bao and Zhao Cai Bao, Ant has over 200 milllion users.

Between Yu’e Bao and Zhao Cai Bao, Ant has over 200 milllion users.

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 25, 2026 vs Jan 1, 2025 - Oct 25, 2025

Number of Filings131Prior 126 +4.0%

Target Raise, Total$3.40BPrior $3.54B -3.9%

	This YTD	Year prior	Change
Filings	131	126	+4.0%
Target raise	$3.40B	$3.54B	-3.9%

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Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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