China has frustratingly tight capital controls which affect the flow of cash in and out of the country, as well as transfers of money between people and companies in China. Yintran, a startup in Hong Kong, is capitalizing on the fintech buzz and the need for better money transfer services in the Special Administrative Region by creating a reliable network for cash flows that may soon be expanded to mainland China.
Yintran is helmed by CEO and Co-founder SL Robert Liu. Liu manages a team of about a dozen engineers, sales, and support staff who are making peer-to-peer Renminbi and Hong Kong Dollar transfers simple. Yintran also has an API available for third-party developers.
Liu says the company is currently seeking "substantial funding" for their Series A round and gave other details during a Q...
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