Fintech investment in China reaches $1.3 bn in H1 2021
China attracted $900 mn in fintech investment in H1 2020...
Tag : China fintech
Chinese crackdown on fintech firms continue
Authorities summoned 13 fintechs recently and ordered them to strengthen compliance with regulations...
Regulators in China slaps Alibaba with $2.8 bn fine
It is reportedly the largest anti-monopoly fine ever in China...
Lufax’s IPO sees $2.36 bn despite US-China trade tensions
It is recognised to be the fifth largest IPO of the year, and Chinese insurer Ping AN will own around 39 percent of the fintech...
Ant Group’s dual listing to be the world’s biggest IPO
Ant plans to raise around $35 bn...
Beijing-based Ksher secures $10 mn in a fresh funding round
MindWorks Capital led the funding round for the Chinese fintech...
Ant Financial acquires ‘significant’ stake in Vietnam’s eMonkey
Despite having an office in Vietnam, Ant Financial has invested in eMonkey because it has an operating license from the State Bank of Vietnam...
Alibaba-backed WeLab secures $156 mn funding to invest in R&D
The fintech startup has received the funding from Alibaba Hong Kong Entrepreneurs Fund and China Construction Bank...
Alibaba’s Ant Financial to raise $1 bn to invest in SE Asia
The fund will invest in payments and fintech startups in Southeast Asia and India...
China fintech OneConnect skips HK, to raise $100 mn in US IPO
The startup will list its shares either on the New York Stock Exchange or the Nasdaq Global Market...