Chinese Internet Loan Platform Eyes IPO In U.S.
Chinese P2P loan company China Rapid Finance plans to launch an initial public offering in America in the first half of 2016, and the company aims to raise up to USD200 million. According to reports in...
View ArticleWho Just Invested In The Postal Savings Bank Of China?
The cadres running one of China's top banks are seeking a bigger exit, as they just landed a huge investment. Postal Savings Bank of China sold shares to ten strategic investors, with a total financing...
View ArticleSuguo Stores Begin Supporting Apple Pay In China
Jiangsu-based supermarket chain Suguo announced that its 1,500 owned stores in Jiangsu and Anhui provinces, covering shopping plazas, community stores, …
View ArticleSamsung Links Online Payments With China’s Alipay
Samsung's payment service Samsung Pay and Alibaba's payment service Alipay announced an interoperability deal that allows users to complete payments …
View ArticleIs P2P Lending Out Of Control In China?
The China Banking Regulatory Commission appears ready to issue new guidelines that will cap P2P lending and curtail some of …
View ArticleChina Development Bank Inks Tencent Fintech Deal
China Development Bank and Tencent signed a strategic cooperation agreement on "Internet plus" for development of finance services. The term …
View ArticleHuawei Teams With WorldRemit To Offer Mobile Payments In Africa
Chinese telecom device maker Huawei and digital transfer services provider WorldRemit reached a deal to offer international transfer services to …
View ArticleAlipay Brings Chinese Money Services To Malaysian JV
CIMB Group Holdings Bhd, Malaysia's second largest bank by asset scale, said that its subsidiary Touch n Go, in which …
View ArticleU.S. Payments Start-up Teams With Alipay, WeChat To Reach Chinese Consumers
Silicon Valley start-up company Stripe has reached deals with Chinese digital payment service providers Alipay and WeChat payment to enable …
View ArticleCountdown Looms For BTCC’s Bitcoin Trading End
As BTCC enters its final week of Bitcoin trading operations, all eyes are on how the impact of the shutdown …
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