Tag: China

Chinese open-source blockchain startup Antshares has raised $4.5m in its initial coin offering to complete the development of its blockchain platform.

Chinese group deals and online-to-offline (O2O) platform Meituan-Dianping has acquired payments startup Qiandai.

Blockchain post-trade startup Juzhen Financials has raised $23m in a Series A round of funding. The investment was led by Wanxiang Holdings.

Indonesian micro-lending firm UangTeman has raised an undisclosed pre-series A round in equity funding.

Credit card management app U51.com is the latest Chinese FinTech startups to land a $1bn-plus valuation as the company announces its $310m Series C round.

Peer-to-peer lender FirstP2P has raised $70m in its Series C round of funding from CCB International and San Shan Capital Partners.

There a new blockchain consortium in town with the announcement of the Shanghai Industrial Development Blockchain Alliance.

The Chinese authorities are cracking down on suspicious peer-to-peer (P2P) lending platforms with raids on the offices of two businesses connected with Shanghai Kuailu Investment Group.

Alibaba FinTech subsidiary Ant Financial is boosting its biometric capabilities through the acquisition of Kansas City-based EyeVerify.

Chinese point-of-sale (POS) solutions provider Yunnex has raised $45m in a Series B round of funding.