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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
Australian delegation visits China pitching FinTech
Austrade, the Australian government trade commission for exporters and information, is in China this week. Read more: www.crowdfundinsider.com
Internet giant Baidu buys US FinTech company ZestFinance
Chinese Internet giant Baidu has invested in LA-based fintech company ZestFinance which uses AI tech to derive credit scores from large amounts of data. By...
Circle pay app launches Chinese operations with $60m in local financing
Instant payments app Circle, which so far provided services to the US and the UK, has now expanded to China with a $60m in fresh funding from local investors.