The proposed $50 billion valuation placed on Alibaba’s financial affiliate Ant Financial would make it one of the top 10 financial firms in China, and could generate a huge windfall for shareholders...
Camino Financial, a Latino-owned, VC-funded startup in the hot Silicon Valley fintech world, that matches small businesses with capital, says there is a $7 billion untapped Latino business lending market in the United States.
Chinese consumers have flocked to Apple's contactless payment solution in the weeks since its debut, with one bank reporting that more than 3 million cards were activated on Apple Pay in the first 2 days of availability.
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