consumer finance

Mar

Tencent launches virtual credit payment product Fenfu

On March 26th, Chinese internet giant Tencent’s messaging app WeChat launched a test version of a virtual credit payment product called Fenfu (分付). Fenfu, which literally means “installment payment,” allows users unable to get a credit card from a bank to spend money first and later pay it back with…

Feb

Asia Banking Research

Taiwan’s fintech regulatory sandbox accepts first startup

Taiwan’s regulatory sandbox has approved its first startup, Hong Kong-based financial settlement network EMQ. In Taiwan, EMQ will focus on remittance services for Indonesian, Vietnamese and Filipino migrant workers – a large and growing market. In 2018, migrant workers in Taiwan sent more than US$3 billion home, according to Taiwan’s…

Nov

China Capital Markets Research

How China became the world leader for ‘Unicorns’

In the venture capital industry, a ‘unicorn’ refers to any technology start-up company which has reached a valuation of over USD $1 billion, as determined by private or public investment. The term was devised by venture capitalist Aileen Lee, founder of CowboyVC, a venture capital fund based in Palo Alto. She…

Contact Info