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China’s Fintech Revolution—The Ledger

A Chinese flag flies in front of the People's Bank of China headquarters in Beijing, China. On Monday, the central bank said it is "almost ready" to release a digital currency that has been five years in development. Giulia Marchi—Bloomberg via Getty Images

"If you want to see the future of fintech, just go to China," said Edith Yeung, managing partner of Proof of Capital, a blockchain-focused investment firm at a breakfast roundtable Fortune hosted at its inaugural Brainstorm Finance conference earlier this year.
She cited Alibaba-spinoff Ant Financial and Tencent's WeChat as paragons of digital banking and payments.

Article via Fortune.

 

 

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