SHANGHAI Feb 21 (Reuters) - China's Ant Financial will invest $200 million in Kakao Pay, the mobile payment subsidiary of South Korean messaging platform giant Kakao Corp, the two firms said in a joint statement on Tuesday.


The investment is part of a broader global push by Ant Financial, the world's largest financial technology company, after it announced an $880 million deal for U.S. money-transfer firm MoneyGram International last month.

(Reporting by Adam Jourdan; Editing by Richard Pullin)