AliPay Offers New Functions for Single Users. Earlier this month, some AliPay users discovered a new online dating function on home page of the AliPay app (Above 9.9 Version). According to some reports, users received invitation for this beta function. The users will have to… Read More
Read more in: Asia, Featured Headlines, Fintech, Global | Tagged alipay, ant financial, asia, china, china minsheng bank, jd finance, research, weiyangx, xu gao
When the State Council of China issued its guidelines for the internet finance industry in July, the single most talked about guideline among platform operators is the government’s encouragement of banks to provide custodian services for investor funds used for platform transactions. Many have interpreted… Read More
Read more in: Asia, Featured Headlines, Global, Politics, Legal & Regulation | Tagged asia, china, china minsheng bank, jimubox, marketplace, p2p, peer to peer, regulations, spencer li
Jimubox, a peer to peer lending platform, has formed an arrangement with China Minsheng Bank to help protect investors funds. The bank will now be used to conduct all financial transactions and will hold investors funds. RenRenDai and Minshengyidai, two other peer to peer lending… Read More
Read more in: Asia, Global, Investment Platforms and Marketplaces | Tagged china, china citic bank, china minsheng bank, jimubox, marketplace, p2p, peer to peer, renrendai, xiaomi
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