Ant signs MOU with HSBC to expand partnership

Ant today announced an expanded partnership with HSBC aimed at enhancing global mobile payment connectivity and accelerating next-generation account and treasury management services.

In a Memorandum of Understanding (MOU) signed at Hong Kong FinTech Week, both sides agreed to deepen their collaboration with Ant's businesses across payment, account, foreign exchange (FX), and treasury.

Cyril Han, CEO of Ant Group, said, "HSBC has been our longstanding partner — from payment connectivity to real-time enterprise treasury management. By combining HSBC's world-class banking expertise with Ant's technology capabilities, we are building future-ready infrastructure. Together, we look forward to exploring new ways to serve businesses and customers worldwide."

David Liao, Co-Chief Executive, Asia and Middle East, HSBC, said," We are delighted to deepen our partnership by further leveraging HSBC's global connectivity and Ant Group's strength in innovation, as we remain committed to building a more efficient, transparent, and reliable financial ecosystem - helping businesses and consumers embrace new growth opportunities globally."