Chinese P2P lending site China Rapid Finance just raised a big series C round. But that doesn't mean it's out of the woods.
Alibaba and its affiliate firm Ant Financial this afternoon launched MyBank, a new online bank for China.
China is still a country where people prefer to pay up-front – often with wads of cash. But that's not stopping startups from offering loans and microloans.
The investment will further solidify GMO as a leader in the Asian payments ecosystem - but western competitors are encroaching.
In Indonesia, weddings are a major and costly life event that some people can barely afford. This startup wants to address that.
Paybill.io is on a fast track to expand globally, allowing quick, easy, and anonymous bill payments for people working abroad.
Blossom, a micro-financing service from San Francisco just landed in Jakarta. Based on Bitcoin and islamic banking, it targets a global muslim audience.
In 2014, 8,700 cases were filed, and 2,200 were filed this year in January and February alone, according to China’s Ministry of Public Security.
Hong Kong-based financial comparison site CompareAsiaGroup today announced it raised $40M in series A funding led by Goldman Sachs and Nova Founders Capital.
6-12 month program to be backed by OANDA Asia Pacific and Singapore’s BlueHill.
The site connects borrowers and lenders, making it easier to invest in and receive loans.
To small entrepreneurs, talking about business valuation is like talking about life savings to a first-year student; it’s extremely important, but not the sexie...
Kuaile Shidai, which runs Qufenqi, has secured almost US$100 million in series D funding led by Kunlun Worldwide, a Chinese online and mobile game publisher.
Snapdeal acquired RupeePower, which will be integrated into Snapdeal’s newly launched financial services marketplace.
As opposed to traditional rewards-based crowdfunding like Kickstarter, backers of projects on JD will be able to buy equity in the company they’re supporting.
Products like online mutual funds, peer-to-peer loans, and insurance only showed 2 percent growth in the second half of last year.
This time last year, popular messaging app WeChat launched an online personal investment fund for its users in China. It allows people to get better interest ra...
Aixuedai allows college students to purchase items like phones, tablets, laptops, and cameras using monthly installment plans.
Even though the business model is the same, WeLend marketing manager Rachel Lam says Hong Kong and mainland China are two very different markets.