China Based X Financial Has Successful IPO on NYSE
The Chinese fintech IPOs keep coming. The latest is X Financial, a peer to peer lender and fintech platform, who became the 9th Chinese fintech ...
The World Bank Says People Living in Extreme Poverty Below 750 Million
A new report out from the World Bank shows that the global population living in extreme poverty has fallen below 750 million for the first time ...
Qatar Fund Eyeing Investment in Lufax
The Qatar Investment Authority, a sovereign wealth fund is in advanced talks to invest in Lufax; the fund could reportedly invest between $500 million to ...
China UnionPay Expands into Europe
China UnionPay is the biggest payment card issuer in the world and is now launching their cards in the UK; the move will challenge Visa ...
CreditEase CEO Talks About Fintech Regulation and Innovation in China
Ning Tang, the CEO, chairman and founder of CreditEase, talks with a Bloomberg reporter in this video interview at the Milken Institute Asia Summit 2018 ...
Alipay Looks to Replicate Success in Africa with New Collaboration
The United Nations Economic Commission for Africa (UNECA) and Ant Financial recently signed a collaboration agreement to help enhance financial inclusion on the African ...
Jack Ma’s Influence on Fintech Set to Have Long Lasting Effects
The recent announcement by Alibaba Chairman Jack Ma to step down sent surprise throughout the Chinese fintech market; Ma helped to create the fintech ...
Chinese Tech Giants Rule North American VC Funding
For the first time Chinese companies have overtake American companies in VC funding; tech companies like Alibaba and Baidu have helped lead the way; ...
What I Learned at LendIt Fintech China 2018
LendIt Fintech China 2018 took place last week in Shanghai and featured some of the biggest names in fintech globally; Peter Renton, co-founder of LendIt ...
Announcements & Releases for August 31, 2018
Fiserv flaw exposed customers’ banking data Terra firmly raises $32m funding for digital money ambitions Standard Chartered applies ...