Tagged: baidu

David Snitkof of Orchard Shares Unique Insight into Online Lending Market Dynamics

Orchard Marketplace is a platform that is uniquely positioned at the intersection of institutional money and online lending. If you are a large investor you are using Orchard to manage and access loans on all marketplace lending platforms. This perspective means that Orchard can easily… Read More

Baidu Invests in ZestFinance. Will Partner on Credit Data

One of the biggest challenges for online lending firms in China is the lack of credit data for prospective borrowers. As Chinese regulators tighten up the peer to peer lending sector, Fintech providers are moving in to help improve the service. ZestFinance is one of… Read More

Baidu Adds More Stringent Requirements for Chinese Crowdfunding Platforms

Earlier this month Chinese search engine Baidu announced it would now require crowdfunding platforms to adhere to a strict set of qualifications designed to limit promotion from less reputable platforms. Baidu stated it would no longer open new accounts for crowdfunding platforms to access their… Read More

Standard Chartered & SuperCharger: Hong Kong’s FinTech Accelerator Update

Standard Chartered and SuperCharger announced the successful completion of Hong Kong’s first home-grown Financial Technology accelerator programme.  The programme was launched in October 2015 to find top FinTech start-ups to participate in a 12-week structured curriculum which aims to help them grow in Asia. “Standard… Read More

In China, Baidu + Citic Bank To Launch New Online Bank

China’s Internet search giant Baidu will partner with China Citic Bank, part of state-owned conglomerate Citic Group, to launch an online bank, according to the Financial Times. The FT notes that Citic Bank, suspended its shares in Shanghai and Hong Kong on Monday pending announcement… Read More

Music Education Technology Platform Tonara Raises Additional $5M During Investment Round Led By Baidu & Carmel Ventures

Chinese Internet Giant Baidu, and Carmel Ventures, Co-Lead $5M Investment Round in Tonara, the Leading Music Education Technology Platform Today, Tonara, a music education technology company, announced a $5 million investment round led by Baidu, China’s leading search engine, and Carmel Ventures. Baidu’s investment and partnership… Read More

Almost $3 Million was Raised in 3 Minutes for Film “The Golden Era”

According to a release, over one million supporters raised 18 million RMB in just 3 minutes on Baifa Youxi, a crowdfunding platform jointly created by iQIYI and Baidu this past September.  The project was for a film, “The Golden Era” by Ann Hui. On October 5, 2014,… Read More

Brief: Baidu Cracks Down on P2P Lending Fraud

The fraud drums keep pounding louder in China as search giant Baidu has stomped on peer to peer (P2P) lending sites by scrubbing them  from their search results.  The short term approach of removing the reported 800 P2P sites from their pages are expected to… Read More

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