Fintech in China

Shenzhen Eyes to Turn Qianhai an Epicenter for Fintech and Blockchain

The Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone or the Qianhai Special Economic Zone, is an experimental commercial development in Shenzhen set up to encourage foreign investment in modern industries. It is emerging as one of China’s biggest centers

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A Deeper Look into The Greater Bay Area, China’s Answer to Silicon Valley

The Fintech Association of Hong Kong has released a new report exploring the Greater Bay Area (GBA)’s cities, policies, and fintech landscape. The report, gives an overview of the GBA’s demographics, fintech companies, projects and goals, including policy and regulatory

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How is China’s Smallest Province Hainan Attracting Fintech Giants Like Tencent

Since president Xi Jinping announced a plan to gradually turn Hainan into a pilot free trade zone by 2020 and transform the location into a free trade port by the year 2025, Internet giants and fintech firms are flocking in.

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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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China’s TechCrunch Equivalent Eyes US IPO

36Kr, a Chinese company operating a media platform covering startups and technology in China, is planning an initial public offering (IPO) in the US as soon as this year and is targeting to raise at least US$100 million, people with

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QR Codes Are Out, Soon You’ll Only Need to Show Your Face to Pay in China

While Sweden is trialling inserting microchips into its citizens as a new way to pay, China is opting for a less invasive method — your face. In Shenzhen, a local subway operator is testing several advanced technologies powered by the

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7 Upcoming Fintech, Digital Finance, Blockchain Events in China- 2019

China continues to lead the fintech revolution, and unsurprisingly, be a preferred location for fintech and blockchain-focused events in the region. The following events are some of the top upcoming fintech, digital finance and blockchain conferences to take place in

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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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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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China’s Cashless Economy Set to Overtake USA by 2021

According to the World Payments Report 2018 produced by Capgemini and BNP Paribas, global non-cash transaction volumes grew at 10.1% in 2016 to hit 482.6 billion in value, with China contributing to 25.8% of that growth. When it comes to

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