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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...

BitPay Closes Extended $40 Million Series B Round

ATLANTA--(BUSINESS WIRE)--BitPay, the largest global blockchain payments provider, today closes its $40 Million extended Series B funding round, which brings its total raised capital...

CreditEase Founder & CEO Ning Tang Spoke about FinTech at the World Economic Forum...

DAVOS, Switzerland, Jan. 31, 2018 /PRNewswire/ -- CreditEase, a Beijing-based leading financial technology conglomerate specializing in inclusive finance and wealth management, announced that its...

Commonwealth of Dominica Welcomes Newest Offshore Bank

ROSEAU, Dominica, Dec. 31, 2017 /PRNewswire/ -- In late 2018, Digibank joins the ranks of Class-A licensed offshore banks of the Commonwealth of Dominica....
Artificial Intelligence

Artificial Intelligence Meets Banking in China with Launch of AiBank

Looking outside the US fintech sector to bring attention to a BIG DEAL. Know what AiBank is? Thought not. Its short for artificial Intelligence...

Galaxy Group expands global start-up service network with US$ 30 million investment in IP...

LONDON, June 13, 2017 /PRNewswire/ -- Beijing Galaxy World Group (Galaxy Group) announced a US$ 30 million strategic investment in IP Group (LSE: IPO), a...
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...
Tesla

Chinese Fintech Firm Invests Nearly $2B in Tesla

Well, here at FintekNews we are always eager to learn and share relevant stories and thoughts. First, Tencent is NOT a hip hop rapper...

China Now Tops in Fintech

Note from the CEO: 我们编号1, 我们编号1  That means “we number 1” in Chinese. Yeah, no surprise (not that we speak Chinese….we don’t) that China is...

Citi’s Fintech Fight

Note from the Publisher:  Fintech can be a little schizoid.  Big banks are viewed as being slowpokes when it comes to embracing and adopting...

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