Chinese fintech firm Lianlian DigiTech is expanding into AI-powered agentic payments as its global payments business recorded double-digit growth in the first half of 2026, according to its latest Hong Kong stock exchange filing.
The digital payments company said it is developing an Agent Wallet intelligent payment platform designed for “Agentic Commerce,” where artificial intelligence agents can perform tasks and potentially initiate transactions on behalf of users or businesses.
The platform is intended to address issues including AI agent identity authentication, authorization management, transaction limits, risk controls and transaction traceability.
Lianlian said it is targeting AI product companies, Web3 businesses and large corporate customers.
The initiative forms part of Lianlian’s “AI Native + Globalization” strategy, announced in April. The company said it plans to use AI and blockchain technology to develop new businesses around its Agent Wallet platform while pursuing investments and partnerships with AI and fintech companies.
Lianlian reported revenue of RMB875.6 million ($122 million) for the six months ended June 30, up 11.9% from RMB782.7 million a year earlier.
Global payments were a major growth driver, with revenue rising 27.1% to RMB600.9 million as total payment volume increased 25.9% to RMB249.9 billion.
By contrast, domestic payment revenue fell 49.8% to RMB106 million after the company reduced its exposure to lower-contributing transaction categories.
Revenue from value-added services jumped 83.2% to RMB164.2 million, helped by growth in its virtual bank card business.
Lianlian said it has already deployed its enterprise-grade AI agent platform in areas including cross-border payment compliance reviews, risk-control screening, treasury management, customs reviews and customer service.
It also made investments in AI-native startups during the period and struck strategic cooperation agreements with Visa and UnionPay International involving agentic payments, although the filing did not disclose the size of those investments or financial terms of the partnerships.
The company has also been expanding its regulatory footprint. It obtained a Canadian money services business licence through an acquisition in April, allowing activities including foreign exchange, remittances, virtual currency and payments.
It secured a Category 3D payment licence in Dubai the following month.
As of June, Lianlian said it held 68 payment licences and related qualifications, served more than 200 countries and regions, and supported settlement in more than 140 currencies.
Lianlian’s overall first-half profit fell sharply to RMB10.9 million from RMB1.51 billion a year earlier. The prior-year result included large one-off gains related to its LianTong venture with American Express.
