Launched in December 2004 as an escrow service for online purchase on Alibaba's marketplace, Alipay provides secure, trustworthy and convenient online and mobile payment services. As of December 2016, Alipay reached 450 million users. Alipay is expanding to in-store payments both inside and outside China. According to iResearch, Alipay is the largest third-party online payment service provider in China by total payment volume. Alipay currently collaborates with over 200 financial institutions
Discussion
Fintastico Team
19 hours, 55 minutes
https://www.americanbanker.com/morning-scan/cre...
Fintastico Team
6 days, 16 hours
https://www.etftrends.com/disruptive-technology...
The Digital Yuan and the ARKF Fintech ETF | ETF Trends
China is rolling out a digital yuan, making the world's second-largest economy the first major country to create its own digital currency.
Fintastico Team
1 week, 1 day
https://thediplomat.com/2021/04/how-will-chinas...
Fintastico Team
1 week, 4 days
https://thefintechtimes.com/challenging-the-cha...
Fintastico Team
1 week, 5 days
https://cointelegraph.com/news/our-man-in-shang...
Fintastico Team
2 weeks
https://www.indrastra.com/2021/03/fintech-devel...
Fintech Development Transforming the Financial Landscape in China
By Prof. Yiping Huang, Peking University, Beijing, China
Fintastico Team
2 weeks, 3 days
https://www.securities.io/fintech-payment-platf...
Fintech Payment Platform Airwallex Raises $100 million
Privately held fintech company AirWallex announced on March 24th that they have raised $100 million of capital in their latest round of Series D funding. The latest round of funding has brought the company's evaluation up to $2.6 billion dollars. The funding was a joint effort with investment firms
Fintastico Team
2 weeks, 4 days
https://cointelegraph.com/news/china-s-digital-...
Fintastico Team
2 weeks, 4 days
https://www.fintechfutures.com/2021/03/ppro-boo...
Fintastico Team
2 weeks, 6 days
https://www.crowdfundinsider.com/2021/03/173532...
Fintastico Team
3 weeks
https://fintechnews.sg/49796/virtual-banking/br...
Reports of the Death of Challenger Banks Are Greatly Exaggerated - Fintech Singapore
Brett King joins us for Episode 6 of Fintech Asia to share his views on fintech in Asia
Fintastico Team
3 weeks, 5 days
https://thefintechtimes.com/ant-group-has-pledg...
Fintastico Team
3 weeks, 6 days
https://cointelegraph.com/news/putin-issues-ord...
Putin issues orders to combat ‘illegal cross-border transfers’ of digital assets
Russian President Vladimir Putin has stressed the importance of developing additional measures to fight against illegal cross-border transactions of digital financial assets.
Fintastico Team
4 weeks
https://thefinancialbrand.com/108484/coronaviru...
Pandemic Pushed Consumers to Digital Banking (And Away From Banks)
Research shows fintechs and neobanks benefiting more than traditional institutions from the shift to digital channels triggered by Covid-19.
Fintastico Team
4 weeks
https://www.crowdfundinsider.com/2021/03/173225...
Fintastico Team
4 weeks, 1 day
https://ibsintelligence.com/ibsi-news/chinese-f...
Chinese FinTech giant Ant Group's CEO Simon Hu resigns
Chinese FinTech giant Ant Group’s chief executive officer has stepped down due to "personal reasons", according to media reports.
Fintastico Team
1 month
https://www.crowdfundinsider.com/2021/03/173128...
Fintastico Team
1 month
https://www.finews.asia/finance/34001-chinese-f...
Chinese Fintech Giants Join Efforts to Calm Markets
Chinese fintech giants Ant Group and Tencent are the latest to attempt to inspire calm in markets after they told investors not to overreact to price swings and avoid making hasty decisions.
Fintastico Team
1 month
https://finance.yahoo.com/news/jd-com-may-withd...
Fintastico Team
1 month
https://finance.yahoo.com/news/hong-kong-fintec...
Hong Kong fintech unicorn WeLab raises $75M led by insurance giant Allianz
Around the world, the pandemic has forced consumers to adopt digital banking. Hong Kong's WeLab, a fintech company founded in 2013, saw users soar by 20% year-over-year in 2020, bringing its accumulative user base to 50 million. Facing innovative players like WeLab, which aims to bring more convenience, transparency, and affordability to consumers, financial incumbents feel compelled to reinvent themselves.
Fintastico Team
1 month, 1 week
https://www.finextra.com/newsarticle/37601/airw...
Fintastico Team
1 month, 2 weeks
https://cointelegraph.com/news/china-s-cbdc-is-...
Fintastico Team
1 month, 2 weeks
https://menafn.com/1101660171/Chinese-Fintech-A...
Chinese Fintech Apps & rise of global surveillance state
By Pushkar Sinha
New Delhi, Feb 25, In China, there has been an explosion of shady Fintech apps, some of which have come under heavy scrutiny for indulging in unlawful business practices, and establishing an underground banking system.
A report by India Today points out that these clandestine apps first entice the user by offering instant loans wi
Fintastico Team
1 month, 2 weeks
https://telanganatoday.com/chinese-fintech-apps...
Chinese Fintech Apps & rise of global surveillance state
A report by India Today points out that these clandestine apps first entice the user by offering instant loans without any lengthy paperwork or collateral.