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Fintech startups are increasingly focusing on profitability

TechCrunch

Lydia is the leading peer-to-peer payments app in France. Back in January, the company raised money from Tencent , the company behind WeChat Pay. Tencent was ahead of us in China when it comes to lockdown,” Chiche said. Mobile payment app Lydia raises $45 million round led by Tencent.

Fintech 337
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Extra Crunch roundup: A fistful of IPOs, Affirm’s Peloton problem, Zoom Apps and more

TechCrunch

What China’s fintech can teach the world. HANGZHOU, CHINA – JULY 31: An employee uses face recognition system on a self-service check-out machine to pay for her meals in a canteen at the headquarters of Alibaba Group on July 31, 2018 in Hangzhou, Zhejiang Province of China. ” What is Roblox worth?

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WeChat spat puts security of Chinese-Americans and immigrants on the line

The Parallax

In the span of three days last weekend, the most important communication app of the Chinese diaspora was banned in the United States by President Trump, then unbanned by federal courts. How WeChat’s alleged spying on its U.S. How WeChat’s alleged spying on its U.S. two days later. users differs from known U.S.

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WeChat spat puts security of Chinese-Americans and immigrants on the line

The Parallax

In the span of three days last weekend, the most important communication app of the Chinese diaspora was banned in the United States by President Trump, then unbanned by federal courts. READ MORE ON CHINA AND CYBERSECURITY. Why (and how) China is tying social-media behavior to credit scores. two days later. citizens is unclear.