Ant Financial Revives IPO Plans
Ant Financial is seen as one of the world’s top fintech companies and is now reviving their plans for an IPO after shelving ...
China and India are Moving in Different Directions When it Comes to Fintech Funding
Last year the amount of global investment in Chinese fintech companies reduced dramatically to $4.9 billion, down from $34 billion in 2018 according ...
Hong Kong Sees Increase of Fintech Adoption
The Hong Kong Monetary Authority shared that half of the population if the city has signed up for their Faster Payment System; the ...
Amex Close to Entering Chinese Market
China’s central bank as accepted Amex’s application to start a bank card clearing business, but they still need to receive final approval; American Express has ...
China’s P2P Market Set for Another Tough Year but Potential Exists
China’s p2p lending market has been under extreme pressure in recent years as the number of platforms has shrunk to 343 from 2,680; ...
Saxo Bank Taking on the Chinese Market
Chinese majority owned Danish bank, Saxo Bank, is setting up a joint venture in China to supply financial and regulatory technology solutions such ...
Fincera Executive Believed to be Detained in Beijing Police Raid
Beijing based and New York listed p2p lending company Fincera saw their Chinese offices raided by police and the Chairman & CEO Li ...
WeLab Scores $156mn Series C Round
Hong Kong based digital bank WeLab secured $156mn in fresh capital from new investors, as well as five existing investors including Alibaba Hong ...
CEO of Lufax Discusses Fintech in China
Speaking at the Committee of 100 Greater China Conference and Gala 2019, Greg Gibb shared that the fintech landscape is restructuring dramatically; this ...
Hong Kong’s New Digital Banks Face Crowded and Chaotic Market
When the eight new virtual banks were approved by the Hong Kong Monetary Authority no one had any idea what was about to ...