Friday, October 23, 2020
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Tag: PPDAI

PPDai Invests in Chinese Insurtech Start-up Leapstack

Chinese insurtech start-up Leapstack (上海栈略数据技术有限公司) has just announced the completion of a series B financing round.

Microlending Crackdown Stymies Fintech IPO’s

Concerns over stricter regulation of online lending are dimming the prospects for initial public offerings by Chinese Fintech companies. Chinese regulators are reportedly mulling a...

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Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...

China’s P2P Platforms Drop from 5000 to Less Than 6

Chinese P2P lending has been all-but squeezed out of existence by regulators in response to widespread issues with fraud in the once-flourishing...

CSRC Says Blockchain Used in Regtech Pilot Schemes for China’s Regional Equity Markets

A senior official from the China Securities Regulatory Commission (CSRC) has highlighted the application of blockchain technology to regulatory trials in the...