Cloud Computing, Internet Datacenters and Big Data Business Intelligence from China

Fintech In Asia Gains Momentum As Consolidation Continues Says


Dalian, China, May 9, 2016 / - Financial technology, e-commerce, and online payments are all booming industries in Asia, especially in the largest markets of China, India, and Japan. From startup fintech incubators in Hong Kong to e-commerce vendor aggregators in Mumbai to huge online payment services in Hangzhou, many banks, traditional industries, and Internet companies are investing in the opportunities afforded by the growth of fintech in Asia.

" has combined the best news covering fintech in the region," says Roger Wu, editor at "Our aggregated news partner list will continue to grow as we amass more immediately-usable information for finance, investment, banking, and technology professionals who need the latest news to make critical decisions in the region."

According to a Citigroup Inc. report released in March 2016, "China's e-commerce ecosystem is now larger than any other country in the world in terms of transaction volume." And statistics from China Internet Network Information Center also show that mobile payment users increased by more than 65% in the past year.

"Consolidation, especially in China, will continue as the largest services from Alibaba's Ant Financial, Tencent's Wechat Pay, and Baidu's Wallet service continue to accumulate smaller services," says Wu.

To help service the fintech market better, expects to hold and sponsor more regional events during 2016 to help connect fintech investors, businesses, and researchers. started in early 2016 as a result of the increased demands of news and business intelligence for fintech news. As a part of the Asia Media Network, it has a great scope to draw in new high-level readership and produce compelling news reports. More information is available at


This press release has been syndicated from China Newswire, who is responsible for the content distributed via its newswire.

Be the first to comment on "Fintech In Asia Gains Momentum As Consolidation Continues Says"

Leave a comment

Your email address will not be published.


  Other China News

Nokia Phone Returns To China Via Exclusive Sales Channel

Artificial Intelligence Experts Join Sinovation Ventures

Apple's Struggles Drop Foxconn's Revenue 2.81% In 2016

Artificial Intelligence Guru Finds Search Engine Baidu


Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco