In 2016, investment in mainland Chinese and Hong Kong fintech ventures totaled $10.2 billion, exceeding North America’s $9.2 billion. Many domestic financial services and e-commerce conglomerates are supporting Chinese fintech…
Banking the unbanked in emerging markets
As countries progress, citizens migrate from remote villages to large cities and foreign countries. Their economic power rises and they participate in the global economy. People need to purchase food,…
Fintech is rapidly being adopted in China and is spurring consumption, both domestically in China and internationally. I interviewed the CEOs of three companies in China that are using fintech…
A confluence of factors puts China at the financial technology (“fintech”) forefront: economic advancement, investor behavior, mobile technology, big data, financial industry liberalization, and regulatory acquiescence.
According to the United Nations, the earth will house an estimated 9.7 billion people by 2050. Consequently, more food will need to be produced over the next four decades than…