The focus for fintech in China is changing from end users to businesses, not least small businesses, according to the financial affiliate of one of China's biggest e-commerce groups.
In an interview during Fintech Week in Hong Kong, Meng Zhaoli, the dean of JD Finance’s fintech research institute, outlined where she thinks the greatest potential for revenue growth lies.
The short answer is the corporate sector “In the next five years, the fintech market will shift from a business-to-consumer B2C mode to a business-to-business B2B mode,” she told FinanceAsia.
By B2B, Meng in large part has...
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