Brief: Alibaba & Tencent Founders Buy Shares in Ping An
Alibaba founder Jack Ma and Pony Ma, founder of Tencent Holding have purchased shares in large China insurer Ping An. According to a report in the FT (subscription), the pair participated in a private...
View ArticleLufax CEO: Big Risk of Fraud in China P2P Lending
Speaking on a panel discussion at the Boao Forum in southern China, the CEO of Shanghai Lujiazui International Financial Asset Exchange (commonly referred to as Lufax), Gregory Gibb, addressed the...
View ArticleHuge: Lufax Raising Capital at $18 Billion Valuation
Peer to peer lender Lufax is close to raising $1 billion at an astounding valuation of $18 billion. Shanghai based Lufax, recently rebranded as Lu.com, raised capital earlier this year at a solid $10...
View ArticleBrief: Alibaba & Tencent Founders Buy Shares in Ping An
Alibaba founder Jack Ma and Pony Ma, founder of Tencent Holding have purchased shares in large China insurer Ping An. According to a report in the FT (subscription), the pair participated in a private...
View ArticleLufax CEO: Big Risk of Fraud in China P2P Lending
Speaking on a panel discussion at the Boao Forum in southern China, the CEO of Shanghai Lujiazui International Financial Asset Exchange (commonly referred to as Lufax), Gregory Gibb, addressed the...
View ArticleHuge: Lufax Raising Capital at $18 Billion Valuation
Peer to peer lender Lufax is close to raising $1 billion at an astounding valuation of $18 billion. Shanghai based Lufax, recently rebranded as Lu.com, raised capital earlier this year at a solid $10...
View ArticleCredit China Fintech is Making Waves with $30M Bitfury Deal Following Ping An...
Credit China Fintech has started 2017 with a blitz of deals. Today Credit China Fintech announced a $30 million deal with BitFury group and the establishment of a joint venture focusing on the China...
View ArticleChina: WeiyangX Fintech Review
NPC & CPPCC 2017 Annual Sessions Focus on Risk Prevention and Industry Regulation of Fintech Industry Last week, the National People’s Congress (NPC)and Chinese People’s Political Consultative...
View ArticlePing An Launches Fintech Fund
Sepaking at the recent WSJ D.Live Asia event in Hong Kong, Ping An CIO Jonathan Larsen said Ping An is launching a new fund to invest in early stage Fintech ranging from $10 million to $30 million,...
View ArticleChina: WeiyangX Fintech Review
National Financial Work Conference Points Out Clear Way for Building Financial ‘Super Regulator’ The two-day national financial work conference held from July 14-15 in Beijing came up with major...
View ArticleSingapore Fintech Hub: Dominant for Now As Regulations Count
Singapore has worked hard to gain, and retain, the crown of Asian Fintech Hub and you can guarantee it won’t give it up without a fight. There are several countries that are in the race. Recently both...
View ArticleAntony Jenkins’ 10x Future Technologies Raises £34 Million During Series A...
European fintech firm 10x Future Technologies announced on Thursday it secured £34 million during its latest Series A funding round, which was led by China’s Ping An. Launched in October 2016 by formed...
View ArticleChina: WeiyangX Fintech Review
China is Reported to Shut Down Illegal Cash Loan Platforms Bloomberg, citing sources close to the situation, reported that regulators in China has started to consider strengthening supervisions towards...
View ArticleChina: WeiyangX Fintech Review
Robo-advisors Now Required to Gain License to Operate in Mainland China On November 17th, top financial regulators in mainland China (including PBOC, CBRC, CSRC, CIRC and SAFE) released a new set of...
View ArticleChina: WeiyangX Fintech Review
People’s Bank of China Official Shares Opinions About Fintech Sandbox During the third development forum held by Shanghai Payment & Clearing Association, Li Wei, head of the People’s Bank of China...
View ArticleHexindai Signs RMB 1 Billion Line of Credit Agreements with Ping An & Xiamen...
Hexindai (NASDAQ:HX), a China-based peer to peer lender, announced last week it has signed RMB 1 Billion Line of Credit agreements with both Ping An and Xiamen International Banks. The company reported...
View ArticlePin An Fin+Tech Accelerator Announces the Launch of First Batch
Ping An Fin+Tech Accelerator, powered by SparkLabs, announced on Friday the launch of its first batch. According to the accelerator, 10 companies were selected out of more than 120 applicants from...
View ArticleChina: WeiyangX Fintech Review
Bitcoin Mining Giant Bitmain Goes Public in Hong Kong On September 26th, Bitmain, a Beijing-based Bitcoin mining giant, finally disclosed its IPO prospectus to be listed on the Hong Kong Stock...
View ArticlePing An to Focus on Five Key Technologies: AI, Blockchain, Cloud, Big Data &...
Ping An Insurance Group held an investor day in Shenzen this week. Ping An is one of the largest financial companies in the world. The firm boasts 179 million customers along with 485 million internet...
View ArticlePing An Announces Full Upgrading of Ping An Cloud; Now Offers Services to...
Ping An Insurance Group announced on Wednesday it has done a full update of its Ping An Cloud. The company reported the Cloud is entering a new phase of offering cloud services to external customers....
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