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Report: Alibaba’s Ant Group Plans Hong Kong IPO At $200B+

PYMNTS

Based in Hangzhou, China, the company operates Alipay, an online payment service that debuted in 2004 and has evolved into the world’s largest payment and lifestyle platform, the company said. At the time, Credit Suisse and China International Capital Corp. Ant Group was launched in 2014 to provide global financial services.

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Sizzle/Fizzle: AI Soars, Toys R Us Sinks And Start-Ups Struggle

PYMNTS

Across the pond, estimates Innovate Finance and Pitchbook, the B2B FinTech market has gotten nearly half of all FinTech funding in the European Union through the past year. The European Union is also gearing up to promote new, continent-wide mandates that would promote FinTech growth and investments, especially post-Brexit.

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Data Enablers: Valen Makes Insurance Human Again

PYMNTS

Like FinTech, InsurTech debuts in an industry that has historically been very slow to adopt new technologies. DC: There is significant crossover between FinTech and InsurTech. Both are in heavily regulated industries that have historically been very slow to adopt new technologies.

DC 101
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. This report is a collection of everything we know about Amazon’s foray into banking, financial services, and fintech.

Cards 101
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Mortgage Tech 101: What It Is & Why It’s Taking Off Now

CB Insights

FINTECH TRENDS Q3 2017 RESEARCH BRIEFING. Fintech deals and funding are on track to reach record highs in 2017. In this analysis, we examine what mortgage tech is, what its impact will be on incumbent players and fintechs, and the key drivers creating a big opportunity in mortgages now. What is mortgage tech?

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What The Largest Global Fintech Can Teach Us About What’s Next In Financial Services

CB Insights

Today, it’s the largest fintech player globally. As the financial affiliate of Chinese e-commerce giant Alibaba Group , Ant Financial encapsulates a fintech ecosystem that starts with its dominant mobile payments service, Alipay, and expands into credit scoring, wealth management, insurance, and lending. The rapid rise of Alipay.

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