Asia

January 3, 2016 @ 9:50 pm By JD Alois  |  

The China peer to peer lending market is the largest in the world. One reason this is so significant is the fact this incredible amount of money is driven by true peers (small investors) as little institutional money has found its way into the online… Read More

January 3, 2016 @ 2:07 pm By Spencer Li  |  

A flurry of internet finance-related regulatory documents were issued in China last week just before the New Year. On December 28th, the People’s Bank of China (“PBOC”) issued the final rules on online payments while the China Banking Regulatory Commission (“CBRC”) issued the draft rules… Read More

December 31, 2015 @ 11:23 am By JD Alois  |  

The shift from traditional finance to internet finance is a global phenomenon. Just as the print industry has cratered as readers and advertisers have swiftly migrated away from dead trees to digital content products, all forms of finance is moving online. Korea is no different…. Read More

December 30, 2015 @ 12:26 pm By JD Alois  |  

The Chinese online lending industry continues to reflect upon the just announced rules proposed in the last week.  There is a huge shakeout coming in China as some platforms will probably cease to exist. CCTV has filed a report reviewing the rules, highlighting the major… Read More

December 30, 2015 @ 11:37 am By JD Alois  |  

This is a pretty powerful statement coming out of China in response to the recently announced peer to peer lending rules.  Xu Hongwei, CEO of Shanghai-based Yingcan Group, a research company that tracks the myriad of P2P lenders in China.  As quoted in China News, Xu Hongwei… Read More

December 29, 2015 @ 9:59 am By JD Alois  |  

In China, there is an estimated $21 trillion held in savings deposits.  This incredible sum was described in Bloomberg as one of the most significant financial opportunities that will take place as capital borders open in the most populous country in the world. HengXinLi, a… Read More

December 28, 2015 @ 8:56 am By JD Alois  |  

As has been widely expected for some time, China regulatory authorities revealed proposed rules to reign in the fast growing peer to peer lending industry.  While online lending has filled a serious void in providing access to capital the lack of rules have created an… Read More

December 27, 2015 @ 5:33 pm By JD Alois  |  

The video report from China News, states risk is at an alarming rate in China for investors in peer to peer lending. Chinese authorities recently put the hammer down on Ezubo (sometimes spelled Ezubao), shuttering the firm and whisking away its Chairman. The report states… Read More

December 26, 2015 @ 10:53 am By JD Alois  |  

Peer to peer lending iQuianjin states that in a survey of 5000 investors, P2P lending ranked number 3 in popularity. The research was completed with the assistance of AdMaster a marketing / data technology company.  According to the information, as reported by China News, for… Read More

December 22, 2015 @ 1:51 pm By Elena Mikhaylova  |  

Crowdfunding continues to grow globally. The largest rewards platform, Kickstarter, has hosted close to 100,000 successfully funded projects and has assembled a community of almost 10 million backers. It has been aggressively expanding internationally this year. Some studies suggest that most of the growth in… Read More

December 22, 2015 @ 9:22 am By Erin Hobey  |  

15.5% of digitally active consumers currently use financial technology products Payment services are the most popular product offering Users are younger, wealthier and increasingly urban With 29.1%, Hong Kong has the highest rate of FinTech use of all surveyed markets  “Higher-income individuals are some of the… Read More

December 20, 2015 @ 5:02 pm By JD Alois  |  

Speaking at the World Internet Conference (WIC), Eloan CEO Wang Sicong explained his version to become the UBER of peer to peer lending; “We see ourselves as a sharing platform like Uber. Eloan has about 1,600 local partners who manage and oversee lending in their… Read More

December 18, 2015 @ 10:56 am By JD Alois  |  

Yirendai, a subsidiary of one of the largest Chinese peer to peer lenders CreditEase, launched its IPO on the Near York Stock Exchange (NYSE) under the ticker symbol “YRD”.  The American Depository Shares (ADS) were priced at $10 per share.  According to the company, 7.5 million… Read More

December 17, 2015 @ 6:00 pm By Mouna Aouri Langendorf  |  

These Innovative Entrepreneurs Beg to Differ Two weeks ago, I held a mentoring session for five brilliant startup teams led by female founders. The teams were busy preparing their pitches for the third CrowdfundHerLive event organized by Woomentum, an ecosystem and crowdfunding platform for women-led… Read More

December 17, 2015 @ 2:24 pm By Erin Hobey  |  

Mitsubishi UFJ Financial Group Inc. linked with fintech platform Finatext Ltd to boost investment trust sales by providing information through a smartphone application, reported  Bloomberg, the first time Mitsubishi partnered with fintech startup on a new service. The Fundect app, which was developed by  as part of a competition run by… Read More

December 17, 2015 @ 12:09 pm By JD Alois  |  

Monexo is a Hong Kong based peer to peer lending platform that seeks to provide financing to SMEs in the region. Founded by Mukesh Bubna, a long-time Citibank executive, Bubna recently commented on the investigation into Ezubo – a China-based peer to peer lender.  Ezubo (sometimes spelled… Read More

December 15, 2015 @ 12:22 pm By Erin Hobey  |  

“After much anticipation, the exciting news is finally out,” shared DealIndex Founder and CEO Neha Manaktala on LinkedIn. In partnership with CNBC, DealIndex announced the launch of four crowdfunding indices: International 50 Index, UK 50 Index, Technology Index, and the International Aggregate Index. The indices take transparency in… Read More

December 15, 2015 @ 9:53 am By JD Alois  |  

  A recent report published by ACCA, provides a fascinating insight into the largest peer to peer lending market in the world – China. The research has been authored by Dr. Luke Deer from the University of Sydney (and a research associate with the University… Read More

December 14, 2015 @ 12:51 pm By JD Alois  |  

Peer to peer lender Lufax is close to raising $1 billion at an astounding valuation of $18 billion.  Shanghai based Lufax, recently rebranded as Lu.com, raised capital earlier this year at a solid $10 billion valuation. Investor demand is said to be very strong. But,… Read More

December 12, 2015 @ 4:40 pm By JD Alois  |  

A recent report published by Future Asia Ventures highlights the growing commitment from established corporations in funding startup accelerator programs to foster a culture of innovation.  According to the report, in 2015 31 new corporate accelerators were launched bringing the worldwide total to 85.  Interestingly… Read More