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 rates for their savings than from banks. N...
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.
Gurgaon-based peer-to-peer lending website Faircent recently raised venture capital at an enterprise valuation of US$4 million. The undisclosed funding round was led by Devesh Sachdev and Ashish Tiwar...
Tencent today launched the website for what will likely be the first ever private internet bank in the People’s Republic of China.
Hong Kong’s foreign maids can now use bitcoin to send cash home without even knowing what bitcoin is
Bitcoin is slowly gaining public awareness, but Hong Kong-based Bitspark wants to skip the hassle and let users send remittances with zero required knowledge of bitcoin.
With the new wallet, users can avoid the long lines at banks and high fees that come with over-the-counter remitters like Western Union.
The move could open up new battles for Line to fight.
Almost 20 financial services startups secured funding in September alone. Most of them were either P2P lending or investment startups.
Will Bitcoin's true believers accept a new kind of cryptocurrency exchange run by former finance executives?
Chinese web giant Baidu today launched a new personal investment fund that lets users crowd-invest in upcoming movies and television shows.
The Chinese government hopes to boost local stocks with foreign cash, so investors and prospective investors will be keen to seek out a service like Snowball.
Social wealth management startup 8 Securities builds trust in Japan, sets eyes on China (#StartupAsia Arena)
8 Securities took the stage at Startup Asia Tokyo 2014 to pitch in the Startup Arena competition.
KreditGoGo is a financial comparison platform that helps people compare and apply for financial products in Indonesia.
Started in 2013, Capital Float offers SMEs financial loans on the web. The idea is that getting a loan should be as simple as shopping online.
As internet banking takes off in China, this financial product search engine secures $60M investment
It’s tough to sift through and distinguish what are the best deals and which companies can be trusted to handle their money. That’s where Rong360 comes in.
Yuebao now holds RMB 574 billion (US$92 billion) in assets. That makes it the fourth-largest money market fund in the world.