INV Fintech, this site’s sister accelerator, announced a partnership today with Shanghai-based JadeValue, an incubator and investment fund, to enhance financial technology startups in both the United States and China.

INV startups will be introduced to JadeValue for investment and introduction to the Chinese market through JadeValue or its parent company, CashBUS, a Shanghai-based personal lender. INV, meanwhile, will consider startups in JadeValue’s incubation program for introduction to INV’s partnership network, which includes the global financial technology company Fiserv and US Bank, the fifth-largest bank in the US.

INV’s current class, announced last week, consists of CoverHero, an insurance management platform; Taplend, a mobile lending solution; Finspace, a data management service for banks; EMTransfer, which digitizes paper-based portions of the mortgage process; and Surong360, a Shanghai-based peer-to-peer student lending solution.

“We are so thrilled to be working with JadeValue,” said JJ Hornblass, principal of INV Fintech. “The China financial market is evolving quickly, and JadeValue gives INV a gateway to that potential.”

Fintech investment is booming in China. It reached $10 billion last year, and represents 90% of fintech ventures in the Asia-Pacific region. It overtook North American fintech investment for the first time in 2016, according to a January report from Citigroup.

“Working with INV Fintech provides access to leading Fintech companies both in the US, but also globally through INV’s rich partnership network,” said Johan Uddman, general manager of JadeValue. “We are pleased to kick off this collaboration to create value cross-border.”