SOME STAGGERING NUMBERSChina is the defacto FINTECH leader globally.
The sheer size of their market is breathtaking.
FGD is there...and doing deals.
The recently announced LianLian WeChat blockbuster remittance deal will be a game changer.
Alipay and WeChat Pay enabled $2.9 trillion in Chinese digital payments in 2016, a twenty-fold increase in the past four years, says a new study conducted by the Better Than Cash Alliance.
According to the study, digital payments, using existing platforms and networks, provide access to a wider range of digital financial services, expanding financial inclusion and economic opportunity throughout China and neighboring countries.
Enterprise Innovation-22 hours ago
By FinTech Innovation editors | 2017-05-03 ... "In China digital payments are thriving from these channels, bringing millions of people into the economy.