Ant International powers new e-wallet in cash-heavy Mexico with fintech giant Clip

Ant International, the Singapore-based affiliate of Chinese fintech giant Ant Group, has partnered with Mexico’s Clip to launch an electronic wallet, hoping to disrupt cash dominance in Latin America’s second-largest economy. Backed by Ant International’s artificial intelligence technology and Mastercard’s global network, the Mi Clip electronic wallet will offer users access to financial services, credit solutions and the ability to pay for everyday goods and services, and ma