Tag "Ant Financial"

Latest Fintech IPOs And The Most Anticipated Stock Listing Of 2017

An initial public offering (IPO) is the first sale of stock by a company to the public. For startups, it is a crucial moment and a sign of success. An IPO raises needed capital to help a company to grow.

Read More

The Fintech 100 – Announcing The World’s Leading Fintech Innovators For 2016

Fintech Innovators, a collaboration between fintech investment firm, H2 Ventures and KPMG Fintech, announced its list of the world’s leading fintech innovators, the 2016 Fintech 100. The annual list includes the leading 50 Established fintech companies across the globe, as well

Read More

Ant Financial Worth US$75B, Considers IPO in HK Next Year, All Facts you Have to Know about Alipay

Ant Financial, Alipay’s parent company and Alibaba’s financial-services affiliate, is said to be worth US$75 billion, according to Elinor Leung, the head of telecom and Internet research at CLSA in Hong Kong. According to a Bloomberg report, Leung estimates that

Read More

27 Most Valued World Fintech Unicorns, 8 From China

Business Insider Singapore, CBInsights, Funderbeam, and Crunchbase together have created the world’s fintech unicorns – fintech start-ups valued at over $1 billion.   Fintech Unicorns Worth $1 billion 27. Rong360, Chinese Financial Comparison Site Value: $1 billion | Raised: $258 million Founded: 2011 |  |

Read More

Alibaba’s Ant Financial Announces VR-Based Payments Service

Ant Financial Services Group, Alibaba’s financial service affiliate that runs Alipay, has unveiled a new virtual reality (VR)-based payments service which the group plans to launch in September, according to a report by Yicai Global. In March, Alibaba established its

Read More

China, A Frontrunner In The Fintech Race

China’s open and supportive regulatory environment, highly developed Internet and e-commerce sector, and growing demand for alternative finance solutions, have allowed the country’s fintech industry to flourish in the last few years. Today, China stands as a frontrunner in Internet finance. By the

Read More

Scott Bales: “Banks, You Should Be Scared.” Thoughts about Alibaba Pay and Asia….

In recent weeks we’ve seen two mega deals that everyone should be paying attention to. The scale of these deals puts the strategic ace card of most multi-national corporate at threat. I’m talking about the one billion dollar acquisition of

Read More