When services scale in China, they go big. Beijing-based credit-scoring platform Wecash recently counted more than 35 million users. Not too shabby, and even better considering that little more than a year ago, it had just eight million. Its most recent boost came from the Hong Kong-based accelerator Supercharger. Wecash took partRead More
Post Tagged with: "Hong Kong"
Last week this space saw much of the largest fintech funding rounds taking place outside the U.S. That trend continues this week, with some San Francisco-grown AI thrown into the mix. This week we witnessed a major push forward in the process of collaboration between financial institutions (FIs) and startups. ThisRead More
It’s a good time to be raising money in Fintech. All the major VC Funds are making Fintech bets, there is good activity on Angel List, there are Fintech specific funds and there are Fintech specific networking groups. Many Accelerators are domain agnostic. I have already reviewed the Fintech output from Y Combinator, which is…Read more The Growing Network of Fintech Accelerators Globally
Who doesn’t want a “special edition doughnut”? Citigold, Citibank’s premium banking product, is offering “special edition doughnuts” to Hong Kong consumers who sign up with the bank. Visitors to the bank’s Nathan Road branch in Hong Kong receive the coupon at left for the “special edition doughnut” — “only oneRead More