Tag "Lufax"

China’s Top 10 Fintech Startups and Companies

China continues to be the world’s undisputed fintech leader, with about 600 deals completed in 2018 and a fintech adoption rate of 69%, the highest in the world, according to EY’s 2017 Financial Technology Adoption Index. Out of the world’s

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A Snapshot of Fintech Unicorns in Asia

In 2018, Asia made a run at the US as the top market for fintech deals with a surge in early-stage and mega-round investments. The region recorded the biggest boost in fintech deals, raising US$22.65 billion across 516 deals, including

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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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Hong Kong Fintech Week 2018 – Day 4 Highlights

The fourth day of Hong Kong Fintech Week, organised by Invest Hong Kong  at Hong Kong Convention and Exhibition Centre, continued at full tilt right to the very end, thanks partly to a regulatory announcement on cryptocurrencies and partly to the

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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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12 Fintech Startups in Shanghai You Should Know

Shanghai, a global financial center and transport hub, has emerged as one of China’s fintech powerhouses in recent years, and the city’s tech scene is expected to further grow in new technology areas such as virtual reality, biometrics, big data-based

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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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Top Fintech China News

Fintech News Hong Kong covers stories about the Fintech Ecosystem – i.e. Mobile Payment, Personal Finance, Bitcoin, Blockchain, Regtech, Robo Advisor and Lending – and Startups in Hong Kong and China. We also produce the Hong Kong Fintech Startup Report and

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11 Fast Growing FinTechs in China

IDC Financial Insights has unveiled a list of 11 fast growing fintechs in China, part of the broader FinTech 101 list for Asia/Pacific. “IDC’s FinTech Fast 101” refers to the fast-growing fintech players in Asia/Pacific based on extensive on-ground analysis

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