Chinese FinTech giant Ant Group is looking to hire 20 new positions in Singapore as part of an expansion across Southeast Asia, according to a LinkedIn post on its company page Friday (May 13), marking one of the company’s largest employment sprees in Singapore.
Ant Group has about 300 employees across Singapore, two people familiar with the situation told the South China Morning Post for its report Friday (May 13). The flurry of activity is a sign that Ant Group is likely to open its digital bank in Singapore later this year, one of the people said.
The new jobs include openings in credit management, security and marketing for the digital bank in the city state, as well as payment solutions and compliance for Alipay+, a cross-border digital payment service introduced in 2020, which can process a range of mobile payment methods around the world.
In March, Ant Group appointed Jia Hang, a former UnionPay executive who joined Ant in 2015, as its first regional general manager for Southeast Asia. The company acquired the majority of shares in Singapore-based payments platform 2C2P last month.
Ant Group’s acquisition connects 2C2P’s merchants, including its global and regional brands, with Alipay+, adding to its offering of 250 payment options to include more eWallets and local payment methods. Merchants will get access to a larger geographic reach while being able to easily connect to more than 1 billion consumers around the world.