Financial Technology
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...
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...
360 Finance selected in KPMG China's Top 50 Fintech companies
BEIJING, Dec. 23, 2019 /PRNewswire/ -- KPMG China announced top 50 leading companies in Fintech, and 360 Finance,Inc., a leading digital consumer finance platform, awarded one of the top 50 companies of the year. KPMG China Leading 50 Fintech Companies is an authoritative list which is devoted t...
Hexindai Announces Strategic Cooperation with Entertainment Manufacturing International Culture Media Group Co. Limited to Develop Business
BEIJING, Dec. 20, 2019 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace in China, today announced that it has entered into a non-binding Memorandum of Understanding ("MOU") of intent toestablish a strategic cooperation with Ente...
MMTEC, Inc. Announces Half Year 2019 Unaudited Financial Results
BEIJING, Dec. 20, 2019 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), aChina based technology company that provides access to the U.S. financial markets, today announced its unaudited financial results for the six months endedJune 30, 2019. Second Half 2019 Su...
Hexindai Receives NASDAQ Notification Regarding Minimum Bid Price Compliance
BEIJING, Dec. 19, 2019 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace in China, today announced that it received notification from NASDAQ Listing Qualifications ("NASDAQ") onDecember 16, 2019 that it is not in compliance with ...
China Rapid Finance's Micro Credit Company Just Received Annual Compliance Review Approval
SHANGHAI, Dec. 18, 2019 /PRNewswire/ -- China Rapid Finance Limited (NYSE: XRF) ("XRF" or "the Company"), one ofChina's leading fintech companies, today reported that its Micro Credit Company just received the approval from the local regulatory annual compliance review. Several members of the ma...
Qudian Inc. Announces Letter of Intent to Lock up Guosheng Investment Limited and Appointment of Mr. Yingming Li to Board of Directors
XIAMEN, China, Dec 16, 2019 /PRNewswire/ -- Qudian Inc. ("Qudian" or the "Company") (NYSE: QD), a leading technology platform empowering the enhancement of online consumer finance experience inChina, today announced that Guosheng ( Hong Kong) Investment Limited ("Guosheng") has entered into a non-...
Weidai Ltd. to Hold Annual General Meeting on December 27, 2019
HANGZHOU, China, Dec. 16, 2019 /PRNewswire/ -- Weidai Ltd. ("Weidai" or the "Company") (NYSE: WEI), a leading auto-backed financing solution provider in China, today announced that it will hold its annual general meeting of shareholders at 50/F, West Building, Fortune Finance Center, No. 33 Jiefan...
FinVolution Group Announces Strategic Investment and Partnership with Fujian Haixia Bank
SHANGHAI, Dec. 16, 2019 /PRNewswire/ – FinVolution Group (formerly known as "PPDAI," or the "Company") (NYSE: FINV), a leading fintech platform inChina, today announced the completion of an equity investment inFujian Haixia Bank ("FHB"). Pursuant to the share purchase agreement, FinVolution Gro...
OneConnect wins prestigious award at the 2019 Kotler Future Marketing Summit for its outstanding global marketing efforts
SINGAPORE and BEIJING, Dec. 11, 2019 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd (OneConnect), an associate company of Ping An Group, won the "Kotler New Marketing Year Successful Overseas Marketing Award" at the prestigious "2019 Kotler Future Marketing Summit" held inBeijing on 12 ...
Cango Inc. Named in EqualOcean's Rankings for Top 20 Most Innovative Automotive Fintech and Service Providers Worldwide in 2019
BEIJING, Dec. 11, 2019 /PRNewswire/ -- Cango, Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, has been named to the list for the Top 20 Most Innovative Automotive Fintech and Service Providers Worldwide in 2019. Conducted by EqualOcean and ...
TradingView Launches Top Brokers Product to Increase Financial Transparency and Accountability
NEW YORK, Dec. 11, 2019 /PRNewswire/ -- TradingView
FinVolution Group's Subsidiary Receive Approval to Connect to The People's Bank of China Credit Reference Center
SHANGHAI, Dec. 11, 2019 /PRNewswire/ -- FinVolution Group (formerly known as "PPDAI," or the "Company") (NYSE: FINV), a leading fintech platform inChina, today announced the People's Bank ofChina (PBOC) has approved the Company's online micro-lending subsidiary to be connected to the PBOC Credit ...
Lufax CEO Greg Gibb Forecasts Partnerships and Scenarioization in the Future of FinTech
SHANGHAI, Dec. 11, 2019 /PRNewswire/ -- Lufax chief executive officer Greg Gibb shared his thoughts on the future of FinTech, presaging inter-discipline partnerships and cross-platform scenarioization, at the Committee of 100 Greater China Conference and Gala 2019, held at the Ritz-Carlton Shangh...
China Rapid Finance will Announce 2019 Nine Months Unaudited Financial Results on December 16, 2019
SHANGHAI, Dec. 10, 2019 /PRNewswire/ -- China Rapid Finance Limited (NYSE: XRF) ("XRF" or "the Company"), one ofChina's leading fintech companies, today announced that it will announce its unaudited financial results for the nine months endedSeptember 30, 2019 on December 16, 2019, which will bri...
Hexindai Working on Application for Micro-Lending License to Further Diversify Business
BEIJING, Dec. 10, 2019 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace in China, today announced that it is working on its application for a micro-lending license in China in an effort to further diversify its business. Chinese...
Phoenix Finance wins the Asian Banker's "Digital Wealth Management Service of the Year in China" Award
SHANGHAI, Dec. 9, 2019 /PRNewswire/ -- The Wealth and Society Summit 2019 hosted by the Asian Banker was held inShanghai on December 6th. Chairman of the Asian Banker Mr.Emmanuel Daniel, managing director of Rockefeller Capital Management Mr.Guy Dietrich, professor of Shanghai Advanced Institute ...
InfraRisk Expands Auto Financing Cooperation with Toyota Finance, Taurus Motor Finance
MELBOURNE, Australia, Dec. 9, 2019 /PRNewswire/ -- InfraRisk Pty Ltd. (InfraRisk), a leading supplier of credit management solutions inAustralia, today announced it has expanded cooperation in auto financing with Toyota Financial Services toGermany and Austria to facilitate its credit process whe...
FinAccel Raises US$90m to Build and Expand a set of 'Fast, Affordable and Accessible' Financial Services in Southeast Asia
SINGAPORE, Dec. 2, 2019 /PRNewswire/ -- Singapore-headquartered FinAccel, a financial technology company that enables Indonesian consumers to buy online and pay later under the brand Kredivo, has raisedUS$90 million in a Series C equity funding round to expand inIndonesia and the region. The roun...
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