Tag: Alipay
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
Wirecard, National Bank of Greece partner to intro Alipay
Wirecard is collaborating with National Bank of Greece on a project to integrate Alipay into the technical infrastructure of the bank. Read more: www.mobilepaymentstoday.com
Ant Financial boosts global reach with HelloPay acquisition
Ant Financial is continuing to make its presence felt outside of the Chinese market with the acquisition of Lazada’s payments arm HelloPay. 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
Ant Financial plans to double-down on blockchain
Ant Financial is planning to increase its emphasis, and use, of blockchain technology in an effort to provide more trustworthy data to its user base. Read more: e27.co
FinTech’s influence in Asian markets grows
Several Asian countries are experiencing a growing effect of the fintech revolution. Read more: www.cryptocoinsnews.com
In FinTech, China shows the way
Advanced technology, backward banks and soaring wealth make China a leader in FinTech. Read more: www.economist.com
Ant Financial backs Philippines FinTech player Mynt
Chinese FinTech giant Ant financial is making moves in the Philippines with an investment in Mynt. Read more: www.fintechroundup.com
Ant Financial raising $3bn in debt for M&A deals
Ant Financial, the parent of China’s largest online payment service, is seeking to raise less than $3bn in debt to fund its acquisitions. Read more: www.bloombergquint.com
MC Payment grabs controlling stake in Alipay acquirer Genesis
Singapore-based FinTech firm MC Payment is buying a controlling stake in Genesis Payment Solutions – a licensed merchant acquirer for Alipay. Read more: www.fintechroundup.com