Global Fintechs Building a Presence in China

The Chinese fintech market has primarily been dominated by local giants but global firms have started to build a presence within the country; CNBC takes a look at a few areas in fintech where western firms have started to establish themselves; Foreign Exchange has seen TransferWise and WhichFX bring better rates and save brokers money; UK based MarketInvoice is helping businesses to understand what Chinese firms are worth the risk through their network inside China; Tradeshift is helping to transform the supply chain through their platform, offering buyers & sellers more transparency and quicker verification by having everything be digital. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.