Tagged: chinese

Wirecard Teams Up With NK Department Stores to Accept Chinese Mobile Payment Methods

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday it has teamed up with NK department stores to accept Chinese mobile payment methods. According to Wirecard, NK welcomes over 9 million visitors annually to its luxury stores in Stockholm and Gothenburg. The… Read More

Alipay Teams Up With Ininal to Connect Turkish Merchants With Chinese Visitors

Alipay announced on Tuesday that fintech company ininal has become its first partner in Turkey. According to Alipay, ininal is a new-general payment platform and a subsidiary of Multinet Up. The partnership will allow Alipay to be available for Chinese mainland visitor sat bricks-and-mortar stores… Read More

PINTEC Opens International Headquarters in Singapore

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Wednesday it has opened new international headquarters in Singapore, while also launching “SquirrelSave,” a new digital wealth management service developed by its Singapore-based venture, PIVOT Fintech Pte. Ltd (PIVOT). PINTEC reported its international headquarters in Singapore will… Read More

PINTEC Teams Up With Online Education Platform Xueba100 For Installment Financing

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Friday it has formed a partnership with online education platform Xueba100 for installment financing. According to PINTEC, Xueba100 is the one-on-one tutoring brand of Xuebajun that specializes in intelligent online education. The fintech reported that with its… Read More

Update: Zing Zing Set to Finish Latest Crowdcube Round With Nearly £1.2 Million in Funding

UK-based Chinese takeaway Zing Zing is set to close its latest Crowdcube funding round with nearly £1.2 million in funding. The funding round was launched last month and quickly secured its initial £500,000. The campaign has since been extended in order to attract more investors.  Zing Zing was… Read More

Update: Zing Zing Surpasses £900,000 During the Final Week on Crowdcube

UK-based Chinese takeaway Zing Zing surpassed 900,000 through its latest equity crowdfunding round on Crowdcube. The campaign was launched in November and quickly secured its initial £500,000 funding target. The company then extended the funding round for an additional two weeks.  As previously reported, Zing Zing was founded… Read More

Update: Zing Zing Extends Latest Crowdcube Funding Round

On Saturday, UK-based Chinese takeaway Zing Zing announced it was extending its latest equity crowdfunding round on Crowdcube. The company sought to raise £500,000 and has so far secured more than £750,000 from over 600 investors. While sharing details about the campaign’s extension, Founder of Zing… Read More

Update: Zing Zing Nears £715,000 During the Final Week on Crowdcube

With just one more week until its latest Crowdcube round comes to an end, Zing Zing has successfully secured nearly £715,000 from more than 500 investors. The funding round was launched just a little over a year and a half after the restaurant raised £1.5 million through… Read More

Chinese Takeaway Zing Zing Returns to Crowdcube & Quickly Secures £500,000 Funding Target

Just a little over a year and a half after securing more than £1.5 million through its first equity crowdfunding campaign on Crowdcube, Chinese takeaway Zing Zing has returned the funding portal and quickly secured its initial £500,000 funding target from more than 200 investors. … Read More

P2P Lender Dianrong Joins Hyperledger Blockchain Project

Chinese peer-to-peer lending platform, Dianrong, announced on Friday it is officially joining blockchain alliance, the Hyperledger Project. The portal claimed to be the first peer-to-peer company among the project’s 22 Chinese members. The Hyperledge Project, which was established by the Linux Foundation at the end… Read More

Chinese Takeaway Zing Zing Surpasses £1.2M During the Final Days on Crowdcube

With less than 24 hours until its Crowdcube campaign comes to an end, Chinese takeaway Zing Zing has successfully captured over £1.2 million from 600 investors. Zing Zing, which was founded by Josh Magisdon, offers up Chinese cuisine that has a modern and healthy twist. Each… Read More

Chinese Food Takeaway Zing Zing Nears £850,000 During the Final Week on Crowdcube

With its equity crowdfunding campaign on Crowdcube set to close next Wednesday, Chinese food takeaway, Zing Zing, has secured nearly £850,000 thanks to over 400 investors. As previously reported, Zing Zing, which was founded by Josh Magisdon, offers up Chinese cuisine that has a modern and… Read More

Goldman Sachs’ Michael Sherwood Backs Chinese Takeaway Zing Zing on Crowdcube

Earlier this month, London-based Chinese takeaway restaurant, Zing Zing, launched an equity crowdfunding campaign on Crowdcube to raise £350,000. Within a matter of a weeks, the initiative surpassed its initial goal and is currently nearly £500,000 thanks to over 275 investors. Among those who have pitched in… Read More

Brief: Chinese Peer-to-Peer Lender Weijinsuo Secures $46M During Series A Round Led By HNA Capital

Weijinsuo, a Beijing-based peer-to-peer (P2P) lending platform, announced on Thursday that it has raised $46 million (RMB300 million) during its series A lending round, which was led by HNA Capital. According to the China Money Network, Weijinsuo was founded in 2013 and currently has 700,000… Read More

Boost Your Credit Score By Playing Online Games? China Rapid Finance, P2P lender, Rates Creditworthiness Based On Social Media Use

    Boost your credit score by social networking and playing online games? Don’t hit the “Back” button–this isn’t clickbait. Instead, it’s what China Rapid Finance, one of China’s largest peer-to-peer lending sites, believes–they’ve just rated 50 million Chinese consumers for creditworthiness using social networking and… Read More

London’s Royal Academy Launched Kickstarter to Bring Ai Weiwei’s Trees to Its Grounds

Seeking to honor Chinese artist, Ai Weiwei, London’s Royal Academy of Arts (RA) has launched a Kickstarter campaign to raise $155,025 so that it can bring his tree sculptures to the Annenberg Courtyard from September to December 2015. The Royal Academy of Arts (RA) states that… Read More

UK’s Chinese Takeout Restaurant Hotcha Opens £1M Mini-Bond on Crowdcube

Hotcha, a Chinese takeout chain, recently launched a mini-bond on Crowdcube to raise £1 million so that it may expand and become a national chain in five years. Hotcha was established by chefs James Liang and Andy Chan in 2011. It is described as a branded Chinese takeaway chain with big ambitions… Read More

Cardiff Chinese Restaurant Hokkei Secures £225,000 on Seedrs; The Platform Nears £1M For Welsh Businesses

Hokkei, a new Cardiff based restaurant launched by two MasterChef finalists Dale Williams and Larkin Cen, recently launched an equity crowdfunding campaign to raise £275,000 on Seedrs. As previously reported, Williams and Cen are looking to share 25% of the business, which aims to flip… Read More

UPDATE: Launch of New Zealand P2P Lender LendMe Delayed By Alliance Talks With Local Bank

A New Zealand peer-to-peer lender recently dubbed the first P2P lender in the country to specialize in secured lending has delayed its launch, according to Interest.co.nz. The delay is due to the company, LendMe’s, planned talks aimed at forming an alliance with a New Zealand bank. LendMe founder… Read More

Chinese P2P Platform Yirendai Said to Plan $300 Million IPO

Beijing-based peer-to-peer lender Yirendai.com plans to raise about $300 million in a U.S. initial public offering, notes a recent BloombergBusiness story, citing people with knowledge of the matter. If the IPO takes place, Yirendai could become the first Chinese online-loan platform to list overseas, following the likes of offerings by U.S…. Read More

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