Fintech

Ant is seeking a valuation of more than USD 200 billion, according to a Reuters report.

The UAE announces government changes to empower digital transformation, creates new Ministry of Industry and Advanced Technology.

Light on assets, Fatura consolidates orders for existing wholesalers, and counts on them to ship their own products.

Over 150 million users have joined mutual aid programs as of the end of 2019 in China.

YAP shortens the distance between conventional banks and a segment of customers they have overlooked.

Alipay and WeChat Pay have almost turned China into a cashless society. The digital yuan might carry it even further.

The firm has presence in the Philippines, Indonesia, and will soon expand into Vietnam.

China’s central bank partners with Didi Chuxing to advance its sovereign digital currency payment program trials.