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News Digest: April #2

China fintech player Ant Financial amasses 50m users in new health plan Ant Financial Services has amassed more than 50 million users for a mutual health aid plan. The plan is marketed on their mobile payment app, Alipay. It provides participants a basic medical coverage with the risks and expenses distributed across all members. In […]

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The Beginner's Guide to Crowdfunding

Statista cites the fallout from the 2008 financial crisis as catalyzing the rise of crowdfunding. It provides small businesses easier ways to access credit without the usual hassle that financial institutions are associated with. In 2017, crowdfunding in America generated 17.2 billion USD, while crowdfunding in Asia generated 10.5 billion. Due to its rapidly growing […]

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