Warning: "continue" targeting switch is equivalent to "break". Did you mean to use "continue 2"? in /home/fintekas/public_html/wp-content/plugins/social-networks-auto-poster-facebook-twitter-g/inc/nxs_functions_engine.php on line 173

Warning: "continue" targeting switch is equivalent to "break". Did you mean to use "continue 2"? in /home/fintekas/public_html/wp-content/plugins/social-networks-auto-poster-facebook-twitter-g/inc/nxs_functions_engine.php on line 180

Warning: Cannot modify header information - headers already sent by (output started at /home/fintekas/public_html/wp-content/plugins/social-networks-auto-poster-facebook-twitter-g/inc/nxs_functions_engine.php:173) in /home/fintekas/public_html/wp-content/plugins/wp-super-cache/wp-cache-phase2.php on line 1197
Fintech News – FintekAsia

Chinese State-Owned SDIC Leads $19M Round In Pure Laser Projection Display Start-Up


Warning: Use of undefined constant php - assumed 'php' (this will throw an Error in a future version of PHP) in /home/fintekas/public_html/wp-content/themes/colornews-child/template-parts/content.php on line 43

Casiris Technology, a Chinese start-up that develops pure laser projection display devices, has secured RMB135 million (US$19.06 million) in a series D+ round of financing led by State Development & Investment Corporation (SDIC), the largest state-…

Read more

Chinese Start-Up Stroke Medical Raises $14M Series B Round For Stroke Treatment


Warning: Use of undefined constant php - assumed 'php' (this will throw an Error in a future version of PHP) in /home/fintekas/public_html/wp-content/themes/colornews-child/template-parts/content.php on line 43

Chinese medical devices developer Stroke Medical announced this week that it has raised nearly RMB100 million (US$14.12 million) in a series B round of financing led by Hidea Venture Capital, a Chinese investment company specialized in healthcare and s…

Read more

Asia-Focused PE Firm PAG To Buy $300M Convertible Notes From China’s LexinFintech


Warning: Use of undefined constant php - assumed 'php' (this will throw an Error in a future version of PHP) in /home/fintekas/public_html/wp-content/themes/colornews-child/template-parts/content.php on line 43

LexinFintech, a fintech platform for educated young adults in China, announced on Wednesday that it has entered into an agreement with Asia-focused private equity firm PAG, in which LexinFintech will issue and sell convertible notes in an aggregate pri…

Read more

S&P Global Invests In Chinese Alternative Data Product Platform BigOne Lab


Warning: Use of undefined constant php - assumed 'php' (this will throw an Error in a future version of PHP) in /home/fintekas/public_html/wp-content/themes/colornews-child/template-parts/content.php on line 43

Chinese alternative data product platform BigOne Lab has raised a strategic investment worth millions of U.S. dollars led by S&P Global.
(more…)
S&P Global Invests In Chinese Alternative Data Product Platform BigOne Lab comes originall…

Read more

Chinese Bitcoin Tycoon-Backed GXChain Halted Amidst Police Crackdown


Warning: Use of undefined constant php - assumed 'php' (this will throw an Error in a future version of PHP) in /home/fintekas/public_html/wp-content/themes/colornews-child/template-parts/content.php on line 43

The Chinese authority has clamped down another domestic cryptocurrency project, shutting down the office of the popular and once well-funded “GXChain,” which counts Chinese bitcoin tycoon Li Xiaolai and early-stage investment firm ZhenFund among its sh…

Read more

Tencent, Sequoia Lead $100M Round In Smart Fabric To Disrupt Traditional Textile Sector


Warning: Use of undefined constant php - assumed 'php' (this will throw an Error in a future version of PHP) in /home/fintekas/public_html/wp-content/themes/colornews-child/template-parts/content.php on line 43

Tencent and Sequoia Capital China have jointly led a US$100 million series C round of financing in Smart Fabric, a start-up providing internet-enabled solutions for the textile industry in China.
(more…)
Tencent, Sequoia Lead $100M Round In Sma…

Read more

Sequoia-Backed P2P Lender Huobank Collapses As Beijing Mops Up Online Finance Risks


Warning: Use of undefined constant php - assumed 'php' (this will throw an Error in a future version of PHP) in /home/fintekas/public_html/wp-content/themes/colornews-child/template-parts/content.php on line 43

Houbank, a Chinese online peer-to-peer (P2P) lending platform that counts Sequoia Capital China as a major shareholder, has been put on file for investigation and prosecution of alleged “illegal absorbing public deposits,” the municipal public security…

Read more

Chinese Shoe Maker Goes Into Bankruptcy After Failed Restructuring Efforts


Warning: Use of undefined constant php - assumed 'php' (this will throw an Error in a future version of PHP) in /home/fintekas/public_html/wp-content/themes/colornews-child/template-parts/content.php on line 43

Hong Kong-listed Chinese shoemaker Fuguiniao Co Ltd announced on Monday that the authority has rejected and terminated its restructuring plan, leading to the bankruptcy of the once-renowned “king of leather shoes” in China.
(more…)
Chinese Shoe…

Read more

CITIC Capital Backs Japanese Luxury Brands Platform In $34M Round For China Expansion


Warning: Use of undefined constant php - assumed 'php' (this will throw an Error in a future version of PHP) in /home/fintekas/public_html/wp-content/themes/colornews-child/template-parts/content.php on line 43

CITIC Capital, the flagship investment arm of Chinese financial conglomerate CITIC group, has participated in a JPY3.6 billion (US$34.02 million) new funding round in Reclo, a Japanese online re-selling platform for luxury brands.
(more…)
CITIC…

Read more

HiScene Nets $34M To Deploy AR In Smart Manufacturing, Public Security


Warning: Use of undefined constant php - assumed 'php' (this will throw an Error in a future version of PHP) in /home/fintekas/public_html/wp-content/themes/colornews-child/template-parts/content.php on line 43

HiScene, a Chinese augmented reality (AR) start-up serving companies including Baidu, Tencent and Alibaba, announced on Wednesday the completion of a series C funding round worth RMB250 million (US$34.93 million).
(more…)
HiScene Nets $34M To …

Read more