Monday, April 12, 2021
Tags Chinese virtual bank

Tag: Chinese virtual bank

Hong Kong Fintech Platform WeLab Bank Grabs $156 Million in Series C Financing Round

Hong Kong virtual bank licensee WeLab Bank has just completed one of China's biggest fintech fundraising rounds for 2019.

Tencent-backed Virtual Bank Changes Name from Infinium to Fusion Bank

A holder of one of the new virtual banking licenses issued by the Hong Kong Monetary Authority has announced the change of...

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Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...

Alibaba Hit with $2.78B Anti-Trust Penalty by China’s Market Regulator

Jack Ma's Alibaba has been slapped with a massive fine by China's market regulator following the launch of an anti-trust investigation into...

Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....