Tag "china"

Top Wealthtech Startups in East Asia

Fintech companies focused on wealth management continue to gain popularity over traditional advisors. Also referred to as wealthtechs, these companies are tapping into untapped markets within the wealth management industry and focus on customer’s demands for higher returns and transparent

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11 Upcoming Fintech Events in Hong Kong and Shenzhen in 2019

Fintech continues its momentum in Asia. In the first half of 2018, fintech companies in the region raised US$16.8 billion in funding with China and India dominating the top 10 deals, and blockchain and artificial intelligence (AI) remaining key priority

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How China’s Fintech Giants are Tapping into a US$ 600 Billion Market

China’s tech giants Alibaba and Tencent are going after global remittances, a market that sees more than US$600 billion being moved around the world annually, according to the World Bank. The two firms recently launched cross-border money transfer services to

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Hangzhou Pushes Blockchain, Fintech Innovation

Hangzhou, one of China’s top fintech hubs, is pushing for blockchain innovation. Xu Liyi, mayor of Hangzhou city, has listed blockchain development into the official government report and several initiatives have been undertaken by the government to nurture a healthy

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China E-Commerce Industry Enters “New Retail” Era

The Chinese retail industry is entering a “new retail” era, characterized by the widespread use of technologies such as artificial intelligence (AI) and big data to digitalize the entire value chain, according to PwC. China is the world’s biggest consumer

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6 Blockchain Projects That Gives a Snapshot of Shanghai’s Booming Blockchain Scene

Despite the crackdown on cryptocurrency by the Chinese Government the blockchain scene is thriving in China. Over the past 3 months the government of China has invested over US $ 3 billion in blockchain focused funds. It is reported that

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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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Blockchain Courses in Hong Kong and China

With more and more investment pouring into blockchain startups, the demand for talents in blockchain technology has also risen. Blockchain courses are becoming popular in Hong Kong and China. What are the trends in blockchain courses? Blockchain Courses in China: Blockchain

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10 Most Well-Funded Fintech Companies in China

China is undeniably the world’s fintech leader, hosting some of the largest and most popular ventures in the field. More than US$20 billion has been invested in Chinese fintech companies since 2014 with funding topping US$1 billion in Q1 2018

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Government Efforts Push Fintech Innovation In Guangzhou

China is undeniably the world leader in fintech, hosting some of the most innovative and successful companies in the sector, including Alibaba’s Ant Financial worth a whopping US$150 billion and Lufax, China’s largest online wealth management platform worth an estimated

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