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Fintech Unicorns

Pre IPO FinTech Companies Kabbage, SoFi, Stripe Over $1B Valuations

It's always interesting to see which companies cut through the clutter and make it to the unicorn club, with valuations exceeding $1B.  CB Insights...
Chinese Fintech

Chinese Fintech Advancing Under PBOC Directives

China is stepping up the pace of the innovation "revolution". The  (Peoples Bank of China) is setting up committee that will focus on fintech's...
Alipay

Alipay & Ant Financial Coming to the US

From across the Pacific in China, the U.S looks like a big picnic area, and with that, here come ants. OK, specifically Ant Financial....
Tencent

Tencent to Open AI Research Facility in Seattle

Here's a twist. China based Tencent, which just happens to be Asia's most valuable company (market cap $300 billion), is going big into AI...
Social Commerce Site

Ex-Google Engineer’s 21 Month Old Social Commerce Site Valued at $1.5B

We at FintekNews are just fascinated with the valuation game. Another company (Rubrik) just got a valuation of $1.3 Billion after raising a total...
Ant Financial

China’s Ant Financial Really Wants MoneyGram

Oh snap. First robots and now ants. So much to fear. But wait, its China's Ant Financial (not those pesky picnic pests) that just...
Wyre

American Blockchain-Based Wyre Acquires Chinese Payments Firm

Just to let everyone know, U.S. fintech firms also buy Chinese tech firms. They swing both ways. A San Francisco startup (Wyre, a cross...
Chinese

Fintech’s Future Is With China?

So, China is going to be the future of fintech? Well, how surprising is that since a whole lot of those really bright young...

MoneyGram Goes to China

Last week, a very big deal went down in the world of payments.  China's behemoth Ant Financial (an affiliate of Alibaba Group) with a...

China & Mobile Payments

Note from the Publisher:  On a day when we are finding all sorts of interesting new information on fintech, we found ANOTHER story -...

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