In 2016, investment in mainland Chinese and Hong Kong fintech ventures totaled $10.2 billion, exceeding North America’s $9.2 billion. Many domestic financial services and e-commerce conglomerates are supporting Chinese fintech startups. Foreign investors include KKR & Co. L.P., Bain Capital, Accel Partners, Sequoia Capital, 500 Startups, IDG Capital Partners, and more. Read More

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