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Although the title is apparently three-fold re episode topic the Chinese Fintech market is very different from other markets we have touched upon so far and one that we definitely need to dive into. You will have heard of Alipay but may not know that as long as a decade ago they overtook Paypal to become the worlds largest online/mobile payments platform. They serve an astonishing over 1.3bn users and 80m merchants. Which is impressive. Furthermore – to the super-app point in a radically different marketplace their app – a Super-App, back to the title – doesn’t just do payments but a wide range of functionalities including ride sharing, travel bookings and medical appointments
Like much (all?) in China history goes a long way back. Alipay were founded nearly 20 years ago by Jack Ma as part of the Alibaba Group but later split off. Eva Zhang is CEO of Alipay UK and guides us through this large landscape today.
China is itself either the world’s largest economy or second or about to be first or some such. Even if China isn’t the world’s largest or largest Fintech market I recall Peter Renton founder of Lendit some 5 years ago on this podcast giving us an overview of Fintech around the world (as his conferences covered the world, one annual event being in China) saying that if you wanted to know the future of Fintech just go to China.
So a must-know set of topics for Fintechers. Topics discussed include:
And much much more
Share and enjoy!
4.6
88 ratings
Although the title is apparently three-fold re episode topic the Chinese Fintech market is very different from other markets we have touched upon so far and one that we definitely need to dive into. You will have heard of Alipay but may not know that as long as a decade ago they overtook Paypal to become the worlds largest online/mobile payments platform. They serve an astonishing over 1.3bn users and 80m merchants. Which is impressive. Furthermore – to the super-app point in a radically different marketplace their app – a Super-App, back to the title – doesn’t just do payments but a wide range of functionalities including ride sharing, travel bookings and medical appointments
Like much (all?) in China history goes a long way back. Alipay were founded nearly 20 years ago by Jack Ma as part of the Alibaba Group but later split off. Eva Zhang is CEO of Alipay UK and guides us through this large landscape today.
China is itself either the world’s largest economy or second or about to be first or some such. Even if China isn’t the world’s largest or largest Fintech market I recall Peter Renton founder of Lendit some 5 years ago on this podcast giving us an overview of Fintech around the world (as his conferences covered the world, one annual event being in China) saying that if you wanted to know the future of Fintech just go to China.
So a must-know set of topics for Fintechers. Topics discussed include:
And much much more
Share and enjoy!
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