A staff member wearing a uniform featuring the logo for Ant Financial Services Group's Alipay, an affiliate of Alibaba Group Holding, during a campaign event in Tokyo on December 9, 2017. Photo: Bloomberg A staff member wearing a uniform featuring the logo for Ant Financial Services Group's Alipay, an affiliate of Alibaba Group Holding, during a campaign event in Tokyo on December 9, 2017. Photo: Bloomberg
A staff member wearing a uniform featuring the logo for Ant Financial Services Group's Alipay, an affiliate of Alibaba Group Holding, during a campaign event in Tokyo on December 9, 2017. Photo: Bloomberg
Fintech
Business

China drove fintech funding globally in 2018 despite rising tensions with US, report says

  • Global investment in financial technology companies more than doubled to US$55.3 billion last year
  • The largest fintech investment in 2018 was a US$14 billion fundraising by Ant Financial Services

Topic |   Fintech
Chad Bray
Chad Bray

Updated: 10:57pm, 26 Feb, 2019

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A staff member wearing a uniform featuring the logo for Ant Financial Services Group's Alipay, an affiliate of Alibaba Group Holding, during a campaign event in Tokyo on December 9, 2017. Photo: Bloomberg A staff member wearing a uniform featuring the logo for Ant Financial Services Group's Alipay, an affiliate of Alibaba Group Holding, during a campaign event in Tokyo on December 9, 2017. Photo: Bloomberg
A staff member wearing a uniform featuring the logo for Ant Financial Services Group's Alipay, an affiliate of Alibaba Group Holding, during a campaign event in Tokyo on December 9, 2017. Photo: Bloomberg
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