Fintech

Chinese authorities worried that a large armada of online lenders would leverage Tencent’s credit-scoring services to market suspicious financial products.

Ant Financial becomes a minority shareholder of Hong Kong-based dining guide platform OpenRice.

Plus, Didi launched its bike rental platform in Beijing and Shenzhen. Polling company SurveyMonkey is preparing to go public later this year.

Founded 10 years after the introduction of AliPay, WeChat Pay surpassed the powerful incumbent by introducing Lucky Money and secured its position as the mobile payment leader.

Plus, Qudian is under investigation. Nine press agencies in Europe urged internet giants including Facebook to pay for the news content. 

Almost every sector may have the demands for insurance.

According to the company’s founder Wang Weiwei, what sets Vsurance apart from other robo-advisors on the market is its insurance quoting feature and proprietary product assessment algorithm.

Once interest rates are strictly regulated, users must be strictly screened and risks evaluation of each user must be precisely and accurately evaluated.