Want Access to Chinese Remittances? You Need to Crack Alipay
With global remittances expected to grow by more than 4% this year, providers are utilizing mobile and other digital technologies ...
Tag: Chinese fintechs
Tencent Continues Investment in AI as WeChat and Weixin Reach One Billion Users
EXCLUSIVE-- There are now approximately one billion users of Wechat and Weixin, the mobile messaging apps maintained by Tencent Holdings, ...
How VC Firm Magma Partners is Tapping Into the Untapped Chilean Fintech Market
EXCLUSIVE -- With government-backed initiatives and a finite business of copper export, Nathan Lustig, co-founder and managing partner at Magma ...
Chinese Payments Service LianLian Joins Ripple Network
Chinese payments provider LianLian is joining Ripple’s payment network, RippleNet, to use its blockchain technology for faster cross-border payments, the ...
UnionPay Teams Up With Huawei to Expand Huawei Pay WorldWide
UnionPay International, a subsidiary of China UnionPay, has partnered with telecoms company Huawei Technologies to launch mobile payment service Huawei ...
Chinese Search Engine Baidu Seeks to Raise $2B For Financial Services
Chinese company Baidu is in talks with prospective investors for the purpose of raising $2 billion in funding focused on ...
Alibaba Group May Be Listed on Hong Kong Stock Exchange, Jack Ma Says
Jack Ma, founder of e-commerce company Alibaba Group is seriously considering listing the company on Hong Kong’s exchange, he said. ...
China Cracks Down on Bitcoin Mining as Country’s Top Crypto Exchange Moves to Japan
The central bank of China is tightening its grip on bitcoin mining in the state, telling local governments that it ...
LexinFintech is Focused on Expanding Technologies, Consumer-Centric Products After IPO
EXCLUSIVE—Chinese consumer finance firm LexinFintech will be using its IPO funds to expand its technology suite, keeping its focus on ...
Adyen Now Supports WeChat Pay at the POS
EXCLULSIVE—Payments platform Adyen will now support popular Chinese mobile payment service WeChat Pay at the point-of-sale for Adyen merchants, the ...
