Beijing Tops Fintech Investment in China in 2018

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Beijing has emerged as the leading city in China for fintech investment in 2018.

According to data from 01Caijing (零壹财经) Beijing was host to 267 fintech-related investment or financing deals in 2018, worth a total of 161 billion yuan.

Shanghai saw 85 deals worth 18.3 billion yuan, Shenzhen 68 deals worth 9.1 billion yuan, while Guangzhou was host to 17 deals worth 3.4 billion yuan.

01Caijing’s “2018 Global Fintech Development Index (GFI) and Investment and Financing Report” (2018年全球金融科技发展指数(GFI)与投融资报告) further indicates that China was host to 615 fintech financing event in 2018 worth a total of 325.63 billion yuan.