China and the United States 12-city joint activities
Profit Making Expert in the Financing Industry: the Direction for the Fintech (repost)
Financial technology (Fintech), is one of the most profit-making field in the the Internet industry distribution. CB Insights data show that last year VC financing totaled more than 8.5 billion US dollars, far ahead of other entrepreneurial projects. It has six major commercial sectors: retail banking, payment transfer, loan management, financial wealth management and credit, insurance, electronic currency (bit currency) exchange market. Currently, Fintech is existent in every aspect of people’s daily life and becoming Finlife. Such explosive outlook and opportunity make financial technology undoubtedly one of the hottest areas of venture capital. According to KPMG statistics, last year the financial industry output value was up to 20 billion US dollars. And recently, the domestic financial technology leader Ants Jinfu had its venture capital of 4.5 billion US dollars which hit the world’s largest private equity financing.
High net worth gives birth to the twin brother–high innovation and high risk. Its revolutionary innovation is not only in the existing services which can improve efficiency, process simplification and information transparency; At the same time it has such high qualities as more anti-intermediaries, powerful data collection, highly accurate automated processing, block chain technology. Due to its rapid development and government policy dependence, it will withstand the test of gold that is not afraid of fire.
As a member of financial technology entrepreneurial team, whether you are also experiencing such a test?
Are you feeling lost due to the uncertainty about the environment? Although the Ant Jinfu have become successful, but you are still hesitant! You are still asking yourslef where the direction is?
Peter HuangPeter Huang has over 20 years of experience in data-centric products and technologies. He has worked as a senior executive at Capital One, Expedia, Washington Mutual, JPMorgan, T-Mobile and CDK. Recently, he joined Beyondsoft as the Director of Data Analysis. At the same time, Peter teaches at the Albers Business School at the University of Seattle. He also teaches computer science and statistics courses at Strayer University and Richmond University. He has established the Greater Seattle Informatica User Group and is actively promoting collaboration among technical talents.
Dr. Xu Xiaoyu, partner of Amino Capital. Stanford University Postdoctoral scholar. Dr. Xu Xiaoyu’s investment areas include mobile health data, consumer electronics, unmanned aerial vehicles, and commercial software. She has invested more than 80 projects currently, including Assemblage (acquired by Cisco NYSE: CSCO), Orbeus (acquired by Amazon NYSE: AMZN), Skycatch, etc. She also provided investment management services to start-up companies, including Droplet, Skuchain, Koinify, Yttro, Mage, Sherpa and so on. Dr. Xu Xiao Yu has three patents, and published more than 20 professional journal papers. Xu Xiaoyu served as a commentator of the financial and business program television, and is a female entrepreneurial advocate and public speaker.
Wecash flash silver CTO. He has worked as a Google search engine engineer and Zynga Air Defense Senior Engineer. He dedicated to the development of large data platform and data mining technology in the field of financial risk control applications.
Wecash is China’s first Internet credit assessment platform. It relies on data mining analysis and machine learning technology to achieve rapid and accurate credit assessment. Based on the results of the assessment, it can facilitate the individual users and institutions to complete the transaction quickly so as to help individuals enjoy more convenient capital loans, consumption staging and other financial services, such as car rental, home rental, tourism, education and other life services. As of the end of March 2016, flash silver has more than 45 million users. The company has now received IDG 60.66 million A round investment and SIG 20 million US dollars B round investment. Flash Silver is about to set up a North American division in Silicon Valley, and is inviting machine learning and large data field talents to join.
