Announcements & Releases for January 11, 2019
ICBA selects first fintechs for new accelerator program Partnerships, UX improvements and speed will drive money transfer in 2019 ...
Renrendai Believes they will Thrive after the Regulatory Shakeout in China
P2P lender Renrendai believes they are well positioned to survive and eventually thrive after the regulatory crackdown in China ends; the company matches small businesses with ...
Global Fintechs Building a Presence in China
The Chinese fintech market has primarily been dominated by local giants but global firms have started to build a presence within the country; CNBC takes ...
China Banks Launching a Blockchain-Based Platform for Trade Finance
The China Banking Association is launching a blockchain-based program aimed at improving the efficiency and security of trade finance transactions; more than 10 large Chinese ...
Didi Chuxing Makes Move into Financial Services
China’s top ride sharing app Didi Chuxing has made the move into financial services by offering car insurance, personal loans and a crowdfunded medical insurance product; the ...
China’s Central Bank Helps to Keep Cash Alive
Mobile payments in China have taken off in recent years as Ant Financial and Tencent dominate the market; in recent week China’s central bank has ...
Announcements & Releases for December 20, 2018
Open Banking — A U.S. Pipe Dream or Near-Term Reality? Does China’s bet on big data for credit scoring work? ...
The Latest Chinese Fintech Company Goes Public
360 Finance is a consumer loan provider that spun out of anti-virus company 360 Group; they priced their IPO at $16.50 last Friday and raised ...
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 ...