Tag "WeBank"

How China’s Virtual Banks Are Offering Loans to Micro-Businesses Within Minutes

In China, online lenders are filling the credit gap, leveraging cutting edge technology including artificial intelligence (AI) to make lending decision in just a second. E-commerce giant Alibaba’s MyBank and Internet conglomerate Tencent’s WeBank, have dramatically changed the domestic financial

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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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WeBank Lends Blockchain Expertise to Help Macao Transform into a Smart City

WeBank just signed a collaboration agreement with the Macao Science and Technology Development Fund (FDCT), established by the Macao government. Together, the two parties will collaborate in the development of Macao as a Smart City. With fintech at front and

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Hong Kong Fintech Week 2018 – Day 5 Shenzhen Day Highlights

Hong Kong Fintech Week, arranged by Invest Hong Kong (InvestHK), wrapped up on Friday with Shenzhen Day, a first-ever cross-border fintech event, attended by several hundred delegates for discussions and speeches before departing to visit the offices of Tencent, WeBank

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Virtual Banks to Shake up Hong Kong Banking Landscape

Hong Kong is gearing up for the arrival of virtual banks, or financial institutions without physical branches. The Hong Kong Monetary Authority (HKMA) is set to issue the first batch of virtual bank licenses as early as this year. The

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Highlights of The Economist Finance Disrupted Asia Event

More than 180 leaders from financial institutions, fintech entrepreneurs and regulators gathered last week in Hong Kong to discuss the latest disruption to the financial sector and to see how it has changed since the global financial crisis of 2008,

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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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Top 50 Digital Only Banks Ranking 2017

The Financial IT magazine unveiled the Digital Only Bank Ranking in their latest special magazine for Sibos & Money 20/20. They mention that this ranking of digital banks is largely subjective. It is based on three criteria: media coverage of the

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9 Fintech (Startups) in Shenzhen You Have to Know

Located in a special economic zone, Shenzhen is known as the “Silicon Valley of China.” The city ranks first in China in terms of the volume of patent fillings and is also the heart of the Internet of Things manufacturing,

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