Tag "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
Read More
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
Read More
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.
Read More
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
Read More
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
Read More
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
Read More
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
Read More
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$16.8 billion in funding with China and India dominating the top 10 deals, and blockchain and artificial intelligence (AI) remaining key priority
Read More
How China’s Fintech Giants are Tapping into a US$ 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
Read More
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
Read More