Lending

Neat Bundles Up Invoice-Buying P2P Startup to Sell Discounted Services

Invoice financing company Capital Match, and SME current account platform Neat, announce a stronger partnership. Through this collaboration, both parties hope to provide more cost-effective account management and financing services geared towards SMEs in Hong Kong through their collaboration. Established in

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Crushed By China’s P2P Crackdowns, Lufax’s Global Strategy Is Now Robo-Advisors

Just in March, Lufax had big aspirations towards launching an IPO that they hoped would raise its valuation to USD60 billion, a huge jump from when the company last valued at US$ 18.5 billion in 2016. Unfortunately, a rampant slew of Peer-to-Peer

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China’s P2P Lending: The House of Cards Crumbles

Over the past decade, millions of Chinese investors sunk their cash into thousands of peer-to-peer (P2P) lending platforms. These were promised steady growth, big dividends, and a chance to put financial worries behind. But over the past months, a wave

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MYbank Will Share Its Risk Management & AI Data With 1K Financial Institutions In China

Alibaba-backed MYbank, a Chinese online bank with a focus on lending, announced that it will be opening up its artificial intelligence, computing and risk management capabilities to financial institutions in China, in what is called their Star Plan. Through these

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Guidelines for Fintech in Personal Lending in Hong Kong

The Hong Kong Monetary Authority (HKMA) issued guidelines to banks on Credit Risk Management for Personal Lending Business. The guidelines allow banks to adopt innovative technology to manage credit risks related to personal lending business, in a bid to improve

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iP2PGlobal is Re-Shaping The Global Personal Financing Landscape

Peer-to-Peer (P2P) lending is gaining momentum worldwide especially in Asia Pacific, Americas and Europe. However, looking at the current limitations in the P2P lending landscape, one may conclude that there is no single platform that will be able to bring

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Peer-To-Peer Lending Players In Hong Kong

Despite being a global financial center with a thriving fintech sector, Hong Kong has lagged behind in the crowdfunding and peer-to-peer lending space. Experts and industry observers have argued that the lack of clear guidance and regulatory framework has hampered

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Working Capital Marketplace Paycelerate: First Dynamic Invoice Discounting Platform for APAC

Hong Kong-based Paycelerate is providing a working capital marketplace that directly matches supply and demand, helping businesses in the Asia-Pacific region optimize short-term funding and payment terms. Paycelerate operates discrete marketplaces between corporates (who have excess cash), and suppliers (who have

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Research Paper Examines the Impact of China’s New Regulatory Regime for P2P Lenders

China, the undisputed fintech leader, has seen its online lending market grow rapidly since the late 2000s, fueled by the high online penetration rate and the encouragement of the Chinese government, which sees Internet finance as an important vehicle to foster

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The Peer To Peer Lending Industry In Hong Kong – High In Potential & Competition

Hong Kong is a well known financial centre in Asia which serves as a gateway to China. According to one of the subsidiary Hong Kong Exchange, there are 157 licensed banks and 1280 licensed money lenders in Hong Kong. So

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