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Funding History
$4.5B

Latest Editorial14

Banking Beyond The Hype - Fintech Investment Levels Off

Fintech continues to be one of the most exciting and well-funded spaces in tech. Potentially huge profits are attracting startups and investors to take on banks and major financial institutions. From currency conversions to lending there’s a whole...

Read More28 Oct 16
Paytm Bags USD300m For Digital Payments

Indian digital payments and e-commerce startup Paytm has bagged USD300m in a funding round led by MediaTek, along with Alibaba Group, Ant Financial and SAIF Partners. The funds will go to Paytm’s parent One97 Communications and Paytm Payment Bank.

Read More30 Aug 16
May Deal Book - Snapchat Not Enough To Prevent VC Funding Slump

Venture capital investment in tech firms fell 11% in May compared to April, but was up 27% year-on-year. That there was only a slight fall compared to April is notable as in May there were no rounds anything like as large as the USD4.5bn raised by Ant...

Read More22 Jun 16
Online Lenders Need To Get Their Act Together To Survive

Online lenders are in trouble. LendingClub is mired in a scandal that’s already claimed its CEO, Prosper Marketplace is laying off 28% of its workers and Avant is seeing its loan volume tumble. To make matters worse, after a long period of ignoring...

Read More12 May 16
April Deal Book - Ant Financial Powers 95% Surge

Digital venture capital investment continues to grow impressively with April’s total up 95% compared to March and up 48% year-on-year. Dig a little deeper and the picture is a bit less impressive - more than half of venture capital raised in April was...

Read More10 May 16
Facebook’s Profit Jump & Tinder’s Group Matching

Facebook and PayPal bucking the trend for disappointing tech earnings calls and how OpenAI is challenging artificial intelligence developers to Pong are among today’s need-to-know stories. 1. Facebook’s Strong Q1 Result After a string of...

Read More28 Apr 16
European Fintech Taking On The US

In an important milestone for fintech, Germany’s Raisin just reached EUR1bn (USD1.1bn) in assets on its platform. It’s the first European fintech startup to do so and the third in the world after Wealthfront and Betterment - both of which are from...

Read More26 Apr 16
Ant Financial Secures USD4.5bn For Infrastructure Growth

China's Ant Financial, the Alibaba affiliate that runs Alipay, has completed a USD4.5bn Series B round of financing. China Investment Corporation and CCB Trust participated in the round as new strategic investors. Existing investors China Life Insurance,...

Read More26 Apr 16
Ele.me Gathers USD1.25bn For Online Food Delivery

Chinese online food-delivery service company Ele.me has gathered USD1.25bn from Alibaba Group Holding and Ant Financial. Ele.me will use the capital to bolster its position in the nline food delivery market. 

Read More14 Apr 16
Fintech Investment Doubles, But Focus Shifts

Fintech is changing fast. Lending and blockchain are 'in' when it comes to investment, while payments and bitcoin are 'out'. Investors are increasingly seeing bitcoin as a pipe dream while the disruption of payments is far enough along to make it...

Read More13 Apr 16
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Live Global News 262

Alibaba faces U.S. investigation into its accounting practices
Read More25 May 16 TechCrunch
Samsung Pay ties up with Alipay on mobile payments
Read More24 May 16The Paypers - Headlines
Samsung Pay strikes key deal with Alipay (BABA)
Read More23 May 16 Business Insider
Alipay users in China can now make payments through Samsung Pay
Read More20 May 16NFC World
Samsung Pay expands to over 600,000 stores in China with Alibaba partnership
Read More20 May 16 Talk Android - Android News, Rumours, and Updates
Samsung Pay strikes partnership with Chinese online payment giant Alipay
Read More20 May 16 TechCrunch
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