How Ant Group Became the Biggest Fintech Company in the World

Alibaba built the “Amazon of the East.” Now, its fintech spinoff is set to be the biggest IPO of the year.

A logo hangs on a building of Ant Group, a leading provider of financial services technology in China, on July 23, 2020 in Hangzhou, Zhejiang Province of China. Photo: Wu Jun/VCG/Getty Images

In an IPO market that’s on fire, the biggest is yet to come: Ant Group, a Chinese online payments giant, created by Alibaba founder, Jack Ma. The company filed for its IPO this week…