Tagged: Yongqianbao

China: WeiyangX Fintech Review

  Ant Financial Opens its VR Pay Service Platform to Xiaomi and Huawei. On March 31, Ant Financial, the finance arm of Alibaba Group Holdings, revealed its new payment service for virtual reality shopping at the Shenzhen Innovation Week. The VR Pay system will greatly… Read More

New Chinese Fintech Startup: Is China’s Market Outpacing the US?

A Chinese startup has announced that it is in the process of creating new software that will render loan officers obsolete. They plan to use data-mining algorithms to offer 24/7 automatic credit available from anywhere. Yongqianbao, which literally translates as “needing money pal”, solution is… Read More

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