Chinese tourists are able to use Alipay at more than 200,000 U.S. locations but the company does not have plans to launch fully in the U.S. yet; “Right now that’s not what we’re looking at,” said Carol Grunberg, the head of growth, global and strategic partnerships at Ant Financial, to American Banker. “It’s got to make sense.”; the company is still looking to add more locations so tourists can use Alipay all across the U.S.; while Ant Financial downplayed their aspirations, other executives believe the company has big plans for the U.S. market in the near future. Source.
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.