Beijing to Use Winter Olympics as Global Launchpad for Digital Yuan
China's digital yuan is set to undergo a closely watched pilot run at this year's Winter Olympics.
1/8/20225 min read
Tag: #fintech
Showing 12 of 19 posts with this tag
China VC Weekly: Airwallex Scores Big Despite COVID-19
Global financial markets are struggling, having been crippled by the COVID-19 epidemic and the amount of VC deals has noticeably decreased.
4/19/20203 min read
Ant Financial Launches Major Fintech Conference in Shanghai
Ant Financial announced the launch of the INCLUSION Fintech Conference, an event that aims to bring together the global financial and technology community.
1/15/20202 min read
China VC Weekly: Social e-commerce, Financial Services and Logistics
Chinese social e-commerce startup Nice Tuan announced its latest $80 million Series C2 round led by CDH Investments.
8/3/20203 min read
Chinese Fintech Giant Lufax Files for US IPO
Lufax, one of China’s biggest wealth management platforms, filed for an initial public offering in the US on Thursday.
Online Deposit Products from Fintech Giants Pulled, Regulation Continues to Tighten
JD Digits, Lufax, Baidu and many Chinese fintech giants have removed their interest-bearing online time deposit products after Alipay pulled its internet deposit product on Dec. 18.
Ant Group Executives Summoned for Talks with Regulators, Establishes Rectification Work Group
Ant Group executives were summoned on Dec. 26 for talks about anti-monopoly practices with regulators and top financial watchdogs.
12/28/20202 min read
Futu Holdings Limited 2020 Q3 Unaudited Financial Report: Gross Profit Soars by 314.1%
Futu Holdings Limited Thursday published its unaudited financial report for the third quarter ended Sept. 30, showing soaring gross profit and surging non-GAAP adjusted net income.
Three Things You Need to Know About Ant Group
Last week, Ant Group announced that it sought to be co-listed in The Stock Exchange of Hong Kong and the Nasdaq-like STAR market in Shanghai Stock Exchange.
Amid Mounting Economic Pressure, XTransfer Helps Chinese SMEs Go Abroad
XTransfer, a Shanghai-based fintech startup established in 2017 by former Ant Group employees, is seeking to streamline Chinese cross-border e-commerce.
3/7/20224 min read
Fintech Platform Airwallex Secures $100M in E2 Series Financing
Fintech platform Airwallex on October 11 announced that it has recently closed E2 Series financing, garnering $100 million. Its total funding amount increased to more than $900 million, with the same $5.5 billion valuation.
10/11/20223 min read
Ant Group Initiates Largest Executive Rotation in Nearly 7 Years at Alipay
Chinese fintech giant Ant Group's Alipay business group has recently launched its largest executive rotation in nearly seven years. The reshuffle involved multiple departments and resulted in changes to the positions of several vice presidents and senior directors.