Tag: Tencent
China’s exchange regulator fines Tenpay for misconduct allegation
China’s State Administration of Foreign Exchange has reportedly fined Tenpay, which is owned by Tencent Holding, for foreign exchange rules violations.
TrueLayer said to raise $35m in its new funding round
TrueLayer, which designs data and payment APIs to support PSD2 compliance, has reportedly collected $35m in a funding round.
Skymind scores $11.5m in its Series A round led by TransLink
Skymind, an AI-powered data science company, has scored $11.5m in its Series A round of funding.
Nigeria-based Paystack closes Series A on $8m
Nigeria-based payments platform Paystack has raised $8m in its Series A round of funding.
AliPay and WeChat granted Hong Kong digital wallet licenses
Two of China’s biggest mobile payments players AliPay and WeChat, have won approval to operate digital wallets in Hong Kong. It’s seen as a major step towards international expansion.
Yixin Capital takes $550m for Chinese auto financing
Automotive financing firm Yixin Capital has landed $550m from a consortium of heavyweight Chinese internet firms.
