Financial Technology

China's first blockchain-based unsecured loan granted on OneConnect financing platform

SHENZHEN, China, Jan. 6, 2020 /PRNewswire/ -- On January 2, 2020, a financing platform for SMEs inChina's Guangdong province was formally launched. The platform is supported by OneConnect (NYSE: OCFT), a leading Chinese fintech company that has just been listed on the New York Stock Exchange. The...

2020-01-06 18:03 10709

Horizons Ventures Continues to Lead Series A+ Financing Into MioTech, A Leading AI Provider of Financial Data and Analytics

HONG KONG, Jan. 6, 2020 /PRNewswire/ -- MioTech announced today that it has closed its Series A+ funding round led by existing investor Horizons Ventures, the private investment arm of Mr.Li Ka-shing. "The financing will be used to recruit more talents and invest in R&D. It will further strength...

2020-01-06 18:00 1419

A Pioneer in Password-less Protection, AuthenTrend Helps Drive the Trend towards Fingerprint Security

LAS VEGAS, Jan. 4, 2020 /PRNewswire/ -- AuthenTrend and other notable homegrown startups led by Taiwan Tech Arena (TTA) are now showcasing their innovative solutions at CES 2020. AuthenTrend mainly provides fingerprint-...

2020-01-04 18:00 1667

New Commission-Free App TradeUP Launches For US Millennial Traders

NEW YORK, Jan. 3, 2020 /PRNewswire/ -- A new mobile application that offers zero-commission stock trading launched today, joining the recent price-cutting battle led by the nation's brokerage titans. TradeUP app screenshot Named TradeUP, th...

2020-01-04 00:14 1689

Sharing Economy International Start Trading in OTCQB with New Business Directions

HONG KONG, Jan. 3, 2020 /PRNewswire/ -- Sharing Economy International, Inc. ("SEII" or "the Company") (OTCQB: SEII) today announced that the company started to trade on OTCQB onJanuary 2, 2020. "Upgrading to trade on OTCQB opens a new chapter for the company after we have gone through a series o...

2020-01-03 20:30 12464

HKIB for the first time welcomes six local virtual banks as Corporate Members

HONG KONG, Jan. 3, 2020 /PRNewswire/ -- The Hong Kong Institute of Bankers (HKIB) is pleased to announce that six virtual banks inHong Kong have recently joined the Institute as Corporate Members: Airstar Bank Limited, Fusion Bank Limited, Livi VB Limited, Ping An OneConnect Bank (Hong Kong) Limi...

2020-01-03 10:59 3165

Vietnam's First P2P Lending platform - Vaymuon.vn declares its profitable business and celebrates strategic partnership with Vietnam Payment Gateway - Nganluong.vn

HANOI, Vietnam, Jan. 3, 2020 /PRNewswire/ -- Vaymuon.vn (known as Lendmo.asia in English) - the First and Largest P2P Lending Platform inVietnam has disclosed that it becomes profitable after 2 years of official operation, successfully connected more than 2 million borrowers to 400,000+ individua...

2020-01-03 10:28 5921

Additional information about True North Financial's investment of $8 million in a PIPE security

NEW YORK, Jan. 2, 2020 /PRNewswire/ -- China Rapid Finance Limited (NYSE: XRF) ("XRF" or the "Company") and True North Financial, LLC (True North) https://tnafinance.com/  , jointly offer the following additional information on True North's investment of$8 million in a "PI...

2020-01-02 21:00 11976

Future FinTech Granted Extension of Time to Regain Compliance with NASDAQ

XI'AN, China, Dec. 31, 2019 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT; the "Company"), a company engages in blockchain based e-commerce and fruit juice business, today announced that on December 17, 2019, the Company received a notification letter from NASDAQ Listing Qualification S...

2020-01-01 02:00 12552

UnionPay International expands acceptance footprint in the Balkans

SHANGHAI, Dec. 31, 2019 /PRNewswire/ -- UnionPay International (UPI) announced today that it has cooperated with Privredna Banka Zagreb (PBZ), the largest acquirer inCroatia, to enable local merchants to accept UnionPay cards. Meanwhile, UPI partners with ISPBIH to enable all the Bank's ATMs to a...

2019-12-31 15:33 1676

VeChain is Co-Founder of The Belt and Road Initiative Blockchain Alliance (BRIBA)

SHANGHAI, Dec. 30, 2019 /PRNewswire/ -- The 3rd Belt and Road Initiative (BRI) Forum of Tsinghua University, guided by the People's Government of Shanghai, Tsinghua University and the China Association for Social Workers, has been successfully held inShanghai from December 19 to December 20. ...

2019-12-30 23:00 3562

Hexindai Appoints New Independent Registered Public Accounting Firm

BEIJING, Dec. 30, 2019 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace inChina, today announced the appointment of Wei, Wei & Co., LLP ("WWC") as its new independent registered public accounting firm, effectiveDecember 27, 2019...

2019-12-30 19:30 12073

FinVolution Group to Participate in Upcoming Conferences in January 2020

SHANGHAI, Dec. 30, 2019 /PRNewswire/ -- FinVolution Group (formerly known as "PPDAI," or the "Company") (NYSE: FINV), a leading fintech platform inChina, today announced its participation in the following investor conferences: * Morgan Stanley China New Economy Summit, January 6 at Rosewood Hot...

2019-12-30 16:00 13031

Asianwallets entering into the Japanese market

HONG KONG, Dec. 27, 2019 /PRNewswire/ -- Recently, Asianwallets has signed cooperation agreements with Japanese mobile payment providers Globepay and Trysee. The three parties will provide "local payment services" and "exclusive benefits for members" targeting Southeast Asian tourists traveling J...

2019-12-30 09:30 2484

Yiren Digital Announced Changes in Board Composition and Management Team

BEIJING, Dec. 27, 2019 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading fintech company inChina, announced today changes to its board of directors (the "Board") and management team. Mr. Jingsheng Huang, Yiren Digital's current independent director, will...

2019-12-27 18:00 14829

An Era of "Copy from China": ZhongAn unveils its international strategy to export cutting-edge insurtech offerings in Asia and Belt and Road Countries

HONG KONG, Dec. 27, 2019 /PRNewswire/ -- "Technology export to Asia and Belt and Road countries is going to be one of the main thrusts for digital insurer ZhongAn in the next few years," said Mr Bill SONG, CEO of ZA Tech Global Limited ("ZA Tech"), an operating entity established by ZhongAn Techn...

2019-12-27 14:15 4943

Pintec Cooperates with China Unicom's Unicompay to Expand Handset Financing

BEIJING, Dec. 27, 2019 /PRNewswire/ -- Pintec Technology Holdings Ltd. ("Pintec"; NASDAQ: PT), a leading independent fintech solutions provider, recently announced an agreement with China Unicom. As mentioned in its first nine months earnings call of 2019, Pintec will leverage its digital lending...

2019-12-27 13:24 14920

True North Financial invests $8 Million in China Rapid Finance

SHANGHAI, Dec. 24, 2019 /PRNewswire/ -- China Rapid Finance Limited (NYSE: XRF) ("XRF" or the "Company"), one ofChina's leading Fintech companies, today announced that True North Financial, LLC("TNF") will invest$8M in a private transaction for unregistered shares of the company's stock.  On Dec...

2019-12-25 04:47 16738

Phoenix Finance Ranked in the "2019 KPMG China Fintech 50"

BEIJING, Dec. 24, 2019 /PRNewswire/ -- On December 23rd, KPMG officially announced the list of "2019 KPMG China Fintech 50" and held the awards ceremony for "2019 KPMG China Fintech 50" in Beijing. Phoenix Finance, a comprehensive intelligent financial service platform established by Phoenix TV G...

2019-12-24 20:27 2135

VIVO and Pine Payment Join Hands to Offer 0% Installment Payment Plan to CIMB Customers

KUALA LUMPUR, Malaysia, Dec. 24, 2019 /PRNewswire/ -- Vivo Technologies Sdn Bhd (vivo) and Pine Payment Solutions Sdn Bhd have joined hands to offer brand-supported 0% Installment Payment Plan (IPP) to all CIMB credit card users. IPP is available on the purchase of vivo's latest V17 Pro and NEX...

2019-12-24 16:34 3480
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