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Press release: Impact Investor Coalition Seeks to Bring Plant-Based and Clean Meat to China
A collaborative effort between Dao Ventures, Moonspire Social Ventures, and New Crop Capital, Dao Foods is introducing innovative and climate-friendly protein products, primarily plant-based and clean meat (PBCM), into the Chinese market.
- Categories
- Agriculture, Environment, Investing
- Region
- Asia Pacific
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Japan Urged to Tap Dormant Bank Accounts to Promote ‘Impact Investment’
The concept of impact investment has gathered momentum globally, Cohen said, as cash-strapped governments look for money from the private sector to tackle issues such as child welfare and caring for the elderly in an ageing society.
- Categories
- Investing
- Region
- Asia Pacific
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China’s Impressive Trajectory Toward Universal Financial Inclusion
China has achieved remarkable success in financial inclusion over the last 15 years. Traditional financial service providers have dramatically increased the reach of the formal financial sector, including through the world’s largest agent banking network. China has also been a leader in the fintech revolution, with new technology-driven providers transforming how Chinese consumers make payments, borrow, save, insure themselves against risk, and invest.
- Categories
- Finance
- Region
- Asia Pacific
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Ant Financial’s $100 billion valuation would put it in the same league as the world’s biggest banks
Ant Financial Services Group, the Chinese fintech giant, is planning a funding round that could fetch a valuation similar to the world’s biggest and oldest banks: The digital payment company is raising as much as $5 billion in equity that may value it at more than $100 billion, according to Reuters.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- digital payments, fintech
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More Bitcoin Regulation Likely In Emerging Markets
According to a report from Bloomberg, published at the end of last year, around 58% of the world’s cryptocurrency mining pools are located in China, followed by the US at 16%.
Even though significant financial institutions within China are forbidden from providing payment services for products denominated in bitcoin due to bitcoin regulation, other platforms have emerged to offer investors this service.- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- cryptocurrency
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Asia-Pacific fintech market to reach US$72 billion by 2020, finds Frost & Sullivan
Active support and initiatives by financial regulators such as the Monetary Authority of Singapore, Bank Negara Malaysia and Bank Indonesia has enabled the Asia-Pacific Fintech ecosystem to grow significantly in 2017.
- Categories
- Finance
- Region
- Asia Pacific
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China’s Ant plans equity fundraising at potential $100 billion valuation – sources
Ant’s last fundraising in 2016 valued the owner of Alipay, China’s top online payment platform, at about $60 billion. The new round should start with a valuation of between $80 billion to $100 billion, the people said.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- digital payments, fintech
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Apple brings Alibaba-linked payment system into China stores amid market push
Apple Inc will accept Chinese mobile payment app Alipay in its local stores, boosting its ties with giant e-commerce firm Alibaba Group Holding Ltd amid a push by the iPhone maker to revive growth in the world’s No.2 economy.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- digital payments, fintech
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