Ant Group is a Chinese financial technology company, originally founded as a subsidiary of Alibaba Group. It is best known for its mobile payment platform, Alipay, which allows users to make payments, transfer money, and access various financial services through their smartphones. The company focuses on digital payments, lending, insurance, and wealth management. Ant Group aims to provide inclusive financial services to individuals and small businesses, promoting financial literacy and accessibility. In 2020, it planned to launch one of the world's largest initial public offerings (IPOs) before regulatory challenges halted the process.