Celia Lam~~Daniel Fertig~~Yang Wang~~Jie Min~~Jacqueline Clinton~~Rajib Chanda~~Nicholas Ridley~~Jeanne Annarumma
January 24, 2026
Ant Financial Raises US$14 Billion in Series C Equity Financing

1 min
AI-made summary
- Simpson Thacher is advising Ant Small and Micro Financial Services Group Co., Ltd
- (Ant Financial) in its Series C equity financing, which totals approximately US$14 billion
- The financing round includes participation from global institutional investors such as GIC, Khazanah Nasional Berhad, Warburg Pincus, Canada Pension Plan Investment Board, Silver Lake, Temasek, General Atlantic, and others
- The Simpson Thacher team comprises lawyers from its Hong Kong, Beijing, Palo Alto, DC, and New York offices.
Simpson Thacher is representing Ant Small and Micro Financial Services Group Co., Ltd. (“Ant Financial”) in its Series C equity financing totaling approximately US$14 billion. Participants in the Series C equity financing include leading global institutional investors such as GIC, Khazanah Nasional Berhad, Warburg Pincus, Canada Pension Plan Investment Board, Silver Lake, Temasek, General Atlantic, funds and accounts advised by T. Rowe Price Associates, Inc., The Carlyle Group, Janchor Partners, Discovery Capital Management, Baillie Gifford, and Primavera Capital. Ant Financial’s strong business profile, technology-driven revenue growth and rapid global expansion led to strong investor demand for the Series C equity financing.
The Simpson Thacher team includes Celia Lam, Venus Lo and Grace Wong (M&A – Hong Kong); Daniel Fertig (Capital Markets – Hong Kong); Yang Wang, Amy Liu and Jie Min (M&A – Beijing); Jacqueline Clinton (Tax – Palo Alto); Rajib Chanda and Nicholas Ridley (Registered Funds – DC); and Jeanne Annarumma (ERISA – New York).
Article Author
Celia Lam~~Daniel Fertig~~Yang Wang~~Jie Min~~Jacqueline Clinton~~Rajib Chanda~~Nicholas Ridley~~Jeanne Annarumma
The Sponsor
