Press Releases

helloPay to be rebranded into Alipay following helloPay Group and Ant Financial merger

SINGAPORE and HANGZHOU – 19 April, 2017 – helloPay Group, which runs the helloPay payment platform on online shopping and selling site Lazada, and Ant Financial Services Group (“Ant Financial”), parent company of Alipay, a leading mobile and online payment platform in China, jointly announced a merger between helloPay Group and Ant Financial. Because of this merger, helloPay will be rebranded as Alipay Singapore, Alipay Malaysia, Alipay Indonesia and Alipay Philippines in the respective market it is operating in starting April 19.

After the merger, helloPay team became part of Ant Financial and Ant Financial will be operating the rebranded helloPay. Ant Financial has proven know-how in delivering secure and convenient payment platform to a large and growing mobile audience in China. The rebranded helloPay will continue to provide payment services on the Lazada platform across South East Asia. All of helloPay’s features and services remain unchanged and the rebranded helloPay will remain separate from Alipay app, which has over 450 million users in China and is operated by Ant Financial Services Group, a related company of Alibaba Group.

helloPay Group was established in November 2014 by the Lazada Group to provide payment solutions for the Lazada platform. helloPay has been operational in Singapore, Malaysia, Indonesia and the Philippines and helloPay does not currently have an app.

“There will be no impact to helloPay’s users and payment partners. We will continue to innovate and provide users with safe, fast and convenient payment services,” said Douglas Feagin, Senior Vice President of Ant Financial.

 

About helloPay Group

helloPay Group was established in November 2014 by the Lazada Group to provide payment solutions for the Lazada platform. helloPay has been operational in Singapore, Malaysia, Indonesia, Thailand and the Philippines.

 

About Ant Financial and Alipay

Ant Financial Services Group is focused on serving small and micro enterprises, as well as consumers. Ant Financial is dedicated to building an open ecosystem of Internet thinking and technologies while working with other financial institutions to support the future financial needs of society. Businesses operated by Ant Financial Services Group include Alipay, Ant Fortune, Zhima Credit and MYbank. For more information on Ant Financial, please visit our website at www.antgroup.com or follow us on Twitter @AntFinancial.

Alipay is a world-leading third party digital payment and lifestyle platform operated by Ant Financial Services Group. It has over 450 million active users in China and beyond and is the most popular online payment tool in China. Through Alipay app, users can hail a taxi, book a hotel, buy movie tickets, pay utility bills, make appointments with doctors, or purchase wealth management products.