Thursday, December 3, 2020
Tags China

Tag: China

A plea for rules, even if Hong Kong loses to Singapore

Call them barriers, obstacles, hindrances to development, if you will, but we need these rules. Read more: www.scmp.com

The challenges China’s booming FinTech sector will need to tackle

China’s financial technology sector is taking off, allowing customers to easily make payments, obtain loans and invest online. Read more: www.forbes.com

Alipay & WeChat payments have risen to $2.9 trillion

Alipay and WeChat payments have risen from transactions of less than $81bn (RMB 1 trillion) in 2012 to an estimated $2.9 trillion (RMB 20 trillion) in 2016. Read more: www.crowdfundinsider.com

Source Code Capital closes third fund with $260m hard cap

Chinese early-stage venture firm Source Code Capital has reached a final close of its third US dollar fund at a $260m hard cap. Read more: www.fintechroundup.com

Bitauto takes $1bn from investors for Chinese auto-financing

Chinese auto financing platform Bitauto has secured $1bn in its latest funding round from a consortium of heavyweight Chinese internet firms. Read more: www.fintechroundup.com

How WeChat Pay became Alipay’s largest rival

In the span of three years, WeChat's mobile wallet has become Alipay's biggest competitor. Here's how. Read more: www.techinasia.com

Avalon calls for mining industry changes

In the wake of allegations that bitcoin hardware manufacturers may be engaging in unfair practices. Read more: www.coindesk.com

Chinese credit assessment startup Wecash lands $80m

Chinese online credit evaluation platform Wecash has raised $80m in a Series C round of funding from local investors. Read more: www.fintechroundup.com

Yunfeng’s investment robo-app targets the masses

Yunfeng Financial Group Ltd. has created a robo-advisor application to manage the wealth of regular Chinese and Hong Kong investors. Read more: www.bloomberg.com

Does regulation slow down or accelerate adoption?

Recently, many countries and cities have published new laws and legislations to regulate bitcoin. Read more: www.bitcoinist.com

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