The Front Page of Global Fintech

The largest fintech community in the world. Subscribe to our newsletter to stay up to date on the latest in news opinions, and all things financial technology.

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The Front Page of Global Fintech

The the largest fintech community in the world. Subscribe to our newsletter to stay up to date on the latest in news opinions, and all things financial technology.

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This Month in Fintech - China (April’ 23)

This Month in Fintech - China (April’ 23)
Photo: Cryptopolitan

Greetings, fellow fintech enthusiasts!  It's time for our monthly newsletter again. From exciting product launches to licensing updates and everything in between, we've got you covered. So grab a cup of tea (or coffee if you prefer) and let's dive into some Chinese fintech news together!

Enjoy,

Ning


Venture Financing

Photo: Bloomberg

Licensing & Regulations


Product & Partnership Launches

  • Cross-border payment unicorns had a big launch month:

            * Airwallex rolled out its global payment services in Canada, partnered with Baidu to allow customers to pay their advertising fees more efficiently, and launched JCB card payment collection service for its customers in Hong Kong, Singapore and Australia

            * PingPong Payments completed a payment integration with Ozon, a leading Russian eCommerce marketplace, and launched a new ChatGPT tool to help customers improve communication efficiency

            * XTransfer announced its expansion to Hong Kong, allowing Hong Kong customers to pay their mainland suppliers with instant payments

            * Wechat Pay signed a three-year strategic partnership with the Singapore Tourism Board to facilitate overseas payments

            * Alipay and Wechat Pay partnered with Korail to allow customers to book train tickets in South Korea within the apps

            * Alipay+ is now available at Singapore hawker centers through a partnership with Network for Electronic Transfers (NETS)


Other News


Interesting Read