China’s Quiet Fintech Coup
China’s fintech growth, on the back of platforms such as Alibaba and WeChat, has been unprecedented. With a record $12.8 trillion in mobile ...
Announcements & Releases for December 6, 2018
Raisin UK now offers account courtesy of Starling Monzo raises £20m through crowdfunding Ping An-backed Lufax raises $1.3 ...
Is There Global Opportunity Hiding in Chinese Lending Crisis?
China accounts for a whopping 75% of the total world lending market, according to the Brookings Institute, so the recent upheaval in the ...
China’s Love/Hate Relationship With Blockchain, Cryptocurrency
Commenting from the Nansha district of Guangzhou, China at the East Tech West event, Edith Yeung, head of 500 Startups’ China unit, said ...
Phoenix Finance Says China’s Fintech Revolution is at Risk
Phoenix Finance President Vince Zhang says the fintech market in China has the potential of becoming a very big risk due to the number ...
Oriente Emerges as Skype Co-founder Helps Net $105 Million
Hong Kong-based digital credit and financial product startup Oriente, headed by former Skype co-founder Geoff Prentice, has raised $105 million, clearly putting it ...
Tandem Bank Set to Launch in Hong Kong
Tandem Bank has struck a partnership with Hong Kong’s Convoy Global Holdings to raise more capital and launch as one of the first digital ...
Regulators Feeling More Pressure After $15bn Crypto Trading Platform Crash
Hong Kong-based OKEx caused bitcoin’s market cap to drop by about $15bn after an incident occurred where traders say the exchange changed the rules of ...
American Express Gets Approval in China
Last week American Express was given approval to operate a clearing network in China; they are the first US card network to receive such approval ...
Ping An Looks Outside China Using Fintech and AI to Scale
Ping An has built one of the most powerful conglomerates in the world utilizing fintech and AI to help scale in recent years; now ...