J ack Ma-owned London fintech WorldFirst has shifted its Asia business away from UK oversight in a major restructuring, the firm’s accounts published today show.
WorldFirst Asia, a business unit which accounted for around two-thirds of the company’s revenues and 70% of its profits, has been transferred to an Asian subsidiary of billionaire Ma’s Ant Group.
Jack Ma-owned London fintech Worldfirst shifts Asia business away from UK oversight in major shake-up comes via ChinaTechNews.com.