Money can be transferred out at any time from inside Balance Trust. Putting money into Balance Trust generates earnings every day. The money inside the balance treasure can shop online. You can go to a brick-and-mortar store to make purchases. You can also pay for shopping at roadside stalls. Putting money into the balance treasure can be said to be both financial consumption.
Balance Treasure is a balance value-added service and demand fund management service product launched in June 2013 under Ant Gold Services. Tianhong Fund is the fund manager of Balance Treasure.
Balance Bao is docked to Tianhong Fund's Balance Bao Money Fund, characterized by easy operation, low threshold, zero commission, and can be withdrawn as you go. In addition to its financial management function, Balance Bao can also be used directly for shopping, transferring money, paying bills and repaying bills and other consumer payments, making it a cash management tool in the mobile Internet era. Balance treasure remains the largest money fund in China.
On May 3, 2018, Balance Treasure newly accessed the "Bosera Cash Income Currency A" and "China Europe Rolling Money Treasure Currency A" money fund products of Bosera and China Europe Fund Corporation.
In March 2016, Ant Financial Services President Jing Xiantong delivered a keynote speech titled "Using Technology to Advance Financial Inclusion" at the Global Partnership for Financial Inclusion - GPFI (Global Partnership for Financial Inclusion) 2016 Summit. He delivered a keynote speech titled "Promoting Inclusive Finance with Technology" at the GPFI 2016 Summit, sharing the view of inclusive finance in the eyes of Ant Financial, as well as the exploration and achievements made by Ant Financial in this field, which is an international organization under the framework of the G20 dedicated to researching and promoting the development of inclusive finance. Mr. Jing pointed out that the reason why Ant Financial Services is named "Ant" is that its symbol is in line with the original meaning of inclusive finance, which is to serve small and micro enterprises and ordinary people.
From Alipay, Ant Financial Services has Alipay, Alipay Balance, Alipay, Ant Jubilee, Netcommerce Bank, Ant Chanting, Sesame Credit, Ant Financial Cloud, and Ant Dakar, among other sub-businesses. Alipay has 450 million annual active users, and the cost of each payment transaction is as low as 0.02 yuan; Balance Treasure serves 250 million users and has brought more than 50 billion yuan in revenue; the data-based credit lending system serves 2.6 million small and micro enterprises, and has issued a total of more than 600 billion yuan in loans.