China is on track to beat its $10 billion funding it raised in 2016 for Fintech. A Bloomberg report said the investment areas focused on will most likely include big data, artificial intelligence, blockchain, and cybersecurity. \u00a0The managing director of China financial services at Accenture, Albert Chan, expects more money to go into investment services, online lending, and robo advisors.<\/p>\n
CBInsights came out with a report stating that deals accounting for around 43 percent of the global funding taking place in Asia in 2016. A couple major Chinese companies have been pouring money into the Asian financial technology sector. \u00a0 JD.com raised $1 billion in January of 2016. \u00a0Multimillion-dollar Chinese investment firm Huiyin Group announced the launch of a 420 million blockchain and bitcoin fund.<\/p>\n
Albert Chan expects the venture capital funding to continue. \u00a0He says, “this year we are likely to see continued significant investment into fintech in China both from new market entrants and traditional financial institutions.”<\/p>\n
China will continue to be a leading market for Fintech due to its hot market and economic growth.<\/p>\n
https:\/\/www.cryptocoinsnews.com\/china-set-exceed-previous-fintech-investment-record\/<\/p>\n
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China is on track to beat its $10 billion funding it raised in 2016 for Fintech. A Bloomberg report said the investment areas focused on will most likely include big data, artificial intelligence, blockchain, and cybersecurity. \u00a0The managing director of China financial services at Accenture, Albert Chan, expects more money to go into investment services, … Continue reading China Set to Exceed Previous Fintech Investment Record<\/span><\/a><\/p>\n","protected":false},"author":1885,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"qubely_global_settings":"","qubely_interactions":"","kk_blocks_editor_width":"","_kiokenblocks_attr":"","_kiokenblocks_dimensions":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1622","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"gutentor_comment":0,"qubely_featured_image_url":null,"qubely_author":{"display_name":"bsipiora","author_link":"https:\/\/blogs.scu.edu\/finis\/author\/bsipiora\/"},"qubely_comment":0,"qubely_category":"Uncategorized<\/a>","qubely_excerpt":"China is on track to beat its $10 billion funding it raised in 2016 for Fintech. A Bloomberg report said the investment areas focused on will most likely include big data, artificial intelligence, blockchain, and cybersecurity. \u00a0The managing director of China financial services at Accenture, Albert Chan, expects more money to go into investment services,…","post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/comments?post=1622"}],"version-history":[{"count":1,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1622\/revisions"}],"predecessor-version":[{"id":1623,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1622\/revisions\/1623"}],"wp:attachment":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/media?parent=1622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/categories?post=1622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/tags?post=1622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}