Tag "China"

Algorithmic Trading Platform Tradeworks Eyes China Markets

Copenhagen and Singapore-based trade automation platform Tradeworks is about to launch Tradeworks 3.0, a new upgraded platform intended to take the company to the next level. Built from the ground up, the new platform will include many improvements including a

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Top 11 Donation and Reward-Based Crowdfunding Platforms in Asia

In Asia, online alternative finance is developing rapidly, notably in China but also in the overall Asia-Pacific (APAC) region. China has been the world’s largest online alternative finance market by transaction volume, registering US$107 billion in 2015 or almost 99%

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China’s Tencent is the Most Active Corporate Investor in Asia’s Tech Startups

Tencent, a leading Internet company in China best known for its popular platforms QQ and Weixin/WeChat, is the most active corporate investor in Asia’s burgeoning tech scene, having made over 30 investments to VC-backed tech companies in Asia since Q1’16.

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Peer-to-Peer Lending in China, Hong Kong and Southeast Asia

Peer-to-peer (P2P) lending has become a global phenomenon. In Asia in particular, alternative financing has experienced an explosive growth. Asia’s large population of smartphone-savvy and unbanked makes it a prime market for alternative lenders. These leverage digital platforms and technology

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Study: China The Undisputed Global Fintech Leader

China has leapfrogged ahead of London, New York and Silicon Valley to become “the undoubted center of global fintech innovation and adoption,” according to a new report by EY and DBS Bank. The document, titled “The Rise of Fintech in

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MAS Unveils New Moves To Boost Fintech Sector in Singapore

The Monetary Authority of Singapore (MAS) has announced a series of moves to boost fintech development in the city-state and strengthen ties with other Asian countries. This came shortly after MAS wrapped up its inaugural Singapore Fintech Festival, during which the

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Alibaba Founder Appointed As Malaysia’s Digital Economy Advisor Amid Digital Free Trade Zone Initiative

Jack Ma, the founder and executive chairman of Alibaba Group, has been appointed as Malaysia’s digital economy advisor as the government looks to boost the country’s e-commerce and Internet sector, and create new opportunities for Malaysia. Prime minister Datuk Seri

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Top 50 Fintechs in China

KPMG has released a new report naming the top 50 fintech ventures in China, which include Ant Financial, Baidu Finance, Dianrong.com, WeBank and Zhongan Insurance. The report, titled 2016 China Leading Fintech 50, aims at promoting the industry’s growth by highlighting

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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

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Fintech Regulation in Asia: How Singapore, HK, Korea, Japan, China, India Are Doing it

In 2015, Asia’s fintech startups attracted US$4.5 billion in venture capital funding through 130 deals, making the region the second biggest player in terms of venture capital following North America with US$7.7 billion through 378 deals. According to a report

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