Fintech Disruptors From The East: Ant Financial and Tencent are rapidly growing their financial services ecosystems — here's exactly what they offer and where we think they'll go next

Executive Summary

The rise of Alipay and WeChat Pay have built China into a massive mobile payments market and the firms behind the services — Ant Financial and Tencent — are still expanding their financial capabilities and reach.

Three Key Questions This Report Will Answer:

• What financial services do Ant Financial and Tencent offer?
• Why must payments firms outside of China take notice of what Ant Financial and Tencent are doing?
• How might the two firms expand and develop their financial services businesses going forward?

WHAT’S IN THIS REPORT? In this report, Business Insider Intelligence looks at a variety of financial services offered by Ant Financial and Tencent, the different categories they fall under, and the benefits each one offers the firms. We also examine their current strategies for expansion and consider the steps they may take in the future to grow their businesses, both in China and abroad.