This 2019 seems to be a good year for China’s financial technology companies, according to SHINE, a media outlet powered by Shanghai Daily. Reports say that the country’s industry has experienced an ‘accelerated consolidation’ due to participating companies pursuing...
The Mexican Central Bank is working closely with Amazon.inc to help launch a new mobile payment system name CoDi in their country. This initiative is supported by the government, allowing customers to pay for their goods through the use...
Chinese company Tencent is looking at the University of Hong Kong (UHK) for IT talents in an endeavour further financial technology research. According to Yahoo Finance, the IT giant recently moved for a memorandum of cooperation with the institution....
Mobile banking startup, Chime, has recently raised $200 million from its pool of investors. The company is now valued at $1.5 billion. Its Series D funding is spearheaded by DST Global. In addition, Reuters reports that its recent round of...
JPMorgan Chase is readying to move into the POS financing market, allowing customers to pay in installments for purchases worth $500 and above as well as acquire loans on pricier items. JPMorgan card chief Jennifer Piepszak recently introduced the banking...
Several companies from India were invited by Bahrain to facilitate the on-going development of the FinTech industry in the country. Bahrain reportedly submitted a proposal to a range of FinTech companies in India hoping to open and improve online payments,...
Ripple’s University Blockchain Research Initiative (UBRI) is getting 11 new partner universities, including the National University of Singapore (NUS). FinTechnews Singapore reveals that Ripple’s partnership with NUS can help with the country’s talent gap with regards to fintech. This can...
Facebook is currently in talks with exchanges about a possible listing of a cryptocurrency, a report in "The New York Times" revealed. The world's most popular social media channel is among the internet outfits like Telegram and Signal who...
In the past years, cryptocurrency has been making big waves across various parts of the globe. As a matter of fact, virtual currencies have been popping up left and right, with My Big Coin company being no exception. However,...
Chinese companies comprise the lion's share of the overall fintech investments in the world, despite continuing tensions between China and the U.S. over commerce and technology, a new report by the consulting firm Accenture revealed. Of the $55.3 billion total...

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