A new partnership between prime dealer and trading system, SFOX, and M.Y. Safra Bank will offer traders deposit accounts backed...
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Fintech
Zane Wang shares the contrast of consumer finance in the US and China from 2000 to 2017; in 2000 China had no credit bureau, no decisioning engines but there was a vast market opportunity; this is the opportunity that China Rapid Finance has capitalized on; in recent years there have been many developments in China with more people covered by the credit bureaus and in consumer finance/credit cards; Wang shares the tremendous growth potential that still exists in the Chinese market and their focus on the emerging middle-class mobile active. Source
