Ant International wins payment institution licence in Brazil
Ant International has secured a payment institution (PI) licence from Brazil’s Central Bank, giving the Singapore-based Ant Group subsidiary a clearer local route for merchant payments and cross-border services in Latin America. For PSPs and merchants operating in high-risk segments, the key point is simple: this is another signal that Antom is building regulated payment rails in a market where PIX and alternative payment methods matter.
- Ant International’s PI authorisation in Brazil will support both local and cross-border services in the country, which it currently delivers through Antom, its merchant payment and digitisation platform.
- Antom was initially launched with a focus on Asia, but it now reaches more than 185 million shoppers across LatAm and allows businesses to accept PIX-based solutions, credit cards, and other alternative payment methods.
- The Brazil licence comes two months after Ant International said it wanted to accelerate global expansion in merchant payments, following its $1.2 billion Series A funding round.
- The company’s LatAm licensing push also fits its broader cross-border connectivity strategy. In August, Ant International partnered with Bank of China (Hong Kong) to enhance the cross-border capabilities of its Alipay+, Bettr, and WorldFirst businesses.
For high-risk operators, Brazil matters because it is one of the largest payment markets in LatAm, and PIX has become a core acceptance rail. Any PSP entering or expanding there with local licensing is usually trying to reduce friction on settlement, acceptance, and cross-border processing rather than just tick a regulatory box.
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