Fintech companies raised a record $39.6 billion in 2018: research
Venture capital-backed financial technology companies raised a record $39.57 billion from investors globally in 2018, up 120 percent from the previous year, according to research by data provider CB Insights published on Tuesday. Funding was...
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Amazon reportedly wants gas stations and restaurants to start using Amazon Pay
Amazon is asking traditional brick-and-mortar stores to start accepting its mobile payments platform, Amazon Pay, anonymous sources told The Wall Street Journal. The company has its sights set on gas stations and restaurants as well as other...
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China News Weekly 87 – China’s Ping An invests in Berlin fintech start-up in push to modernize Europe’s financial services industry
Click here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click Here to subscribe.
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China News Weekly 83 – Fosun Acquires China Rights to HCC Diagnostic with $10 Million Glycotest Investment
Click here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click Here to subscribe
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China News Weekly 74 – China is now the world’s second-highest spender on TV shows after the US
Click here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click Here to subscribe.
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China News Weekly 72 – BeiGene Sets Price for Honk Kong IPO, Rakes in Almost $1 Billion
Click here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click Here to subscribe.
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Can a Canadian Penny Stock Company Really Transform the Chinese Commercial Lending Industry? – Partner message from CHF Capital Markets
By Cathy Hume, CEO CHF Capital Markets Originally published on July 31, 2018 There’s a myriad of technologies that have revolutionized the way we do things. To mention only a few, in the banking and financial services sector, ATM’s, on-line...
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Chinese Fintech Firm Eyes Profit Boost With Majority Stake in Korean Database Company
The Hong Kong unit of Chinese fintech software provider Client Service International plans to acquire a majority stake in South Korean database developer as part of efforts to boost profitability. CSI is looking to spend CNY73 million (USD10.6...
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China’s fintech companies offer ‘enormous’ opportunity, investment manager says
Despite a slowdown in growth and trade tensions, there are “enormous” and “stunning” opportunities in China, particularly in Fintech, an investment manager said Tuesday. “We love the fintech sector in China today,” Glenn Youngkin, co-CEO at...
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Ant Financial Makes A $120M Strategic Investment In Financial Information Provider Xueqiu
Alibaba’s financial affiliate Ant Financial has made a US$120 million series D round in Chinese financial information service provider Xueqiu, according to the latter’s announcement.
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Ant Financial’s Hong Kong venture launches blockchain-based remittance service
A venture owned partly by China fintech firm Ant Financial launched on Monday a blockchain-powered cash remittance service between Hong Kong and the Philippines, an initiative the territory hopes will improve its fintech reputation. AlipayHK, the...
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