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Alibaba

Fintech
·Aug. 4, 2020

China’s New Digital Currency Tries to Limit Dominance of Alibaba and Tencent

The People’s Bank of China has recently launched a trial version of their digital currency which they hope will reduce...
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Fintech
·Jul. 20, 2020

Ant Group Plans Dual IPOs in Shanghai and Hong Kong

Ant Group, formerly known as Ant Financial, the creator of Alipay, has said that it is planning to do dual...
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FintechNews Roundup
·Jun. 6, 2019

HSBC Launches Digital Wallet for Small Businesses in Hong Kong

HSBC has launched a digital wallet in Hong Kong that targets startups and other small businesses; the bank said they...
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FintechNews Roundup
·Mar. 27, 2019

Qupital Raises $15 Million to Expand into China

The company claims to be Hong Kong’s largest trade financing platform for SMEs; the $15 million Series A round was...
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FintechNews Roundup
·Jan. 14, 2019

Kabbage Working with Alibaba.com for Financing

Kabbage will now power Alibaba’s Pay Later program which is offered to US buyers; Pay Later allows small businesses to...
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Fintech
·Jul. 24, 2020

How Ant Group was Built into a Fintech Powerhouse

The Ant Group is slated to go public with a valuation around $200bn, which makes it the world’s highest valued...
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FintechUSA
·Jun. 3, 2020

Alibaba Launches Interest Free Financing for U.S. Companies

China’s largest e-commerce company, Alibaba, launched a new interest free offering for U.S. small businesses;“Rather than a low-cost loan, the...
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Asia/PacFintechNews Roundup
·May. 10, 2019

Hong Kong Approves 4 Significant Digital Banking Licenses

Hong Kong has approved 4 more digital banking licenses for Tencent, Alibaba, Xiaomi and Ping An; the approvals are sure...
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EuropeFintechNews Roundup
·Jan. 22, 2019

Alipay Granted eMoney License in Luxembourg

Alibaba’s Alipay was granted an eMoney license in Luxembourg to allow the company to serve customers across Europe; the eMoney...
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FintechNews Roundup
·May. 10, 2018

Lend Academy Article: China Struggles to Establish Credit Scoring System

China’s government has tried for many years to establish a credit system that rivals the U.S. and Europe, but has...
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