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Ant Group, the world’s largest e-payment platform, has been reorganising its companies to adjust to the Chinese language central financial institution’s directions in April to sever its Alipay funds service from different companies that supply client loans.The Hangzhou-based firm, an affiliate of this newspaper’s proprietor Alibaba Group Holding, could create a separate cellular software for the lending enterprise, at present working beneath the model names Huabei and Jiebei, in accordance with a report by the Monetary Instances…
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Alipay operator Ant Group to create separate app for lending business
