Is Ant Financial A Global Top 10 Bank Already?
Peter Barkow – For Free Updates on Startups, VC & FinTech Sign Up >> HERE
Ant Financial Is Larger Than Any European Bank* and the 10th Largest Bank Globally
Below, we compare the rumored $150bn valuation of Ant Financial’s current again rumored $9bn funding round to the market capitalisation of the largest global banks.
Based on this comparison, which admittedly contains an appeles for pears element, Ant Financial would presently be the 10th largest bank globally. Ant would also be significantly larger than any European bank*.
*) except HSBC, which we consider a global bank.