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CreditEase affirms commitments in Silicon Valley

By Qiu Quanlin in Guangzhou | chinadaily.com.cn | Updated: 2017-10-13 20:27

CreditEase, a Beijing-based financial technology conglomerate with a robust online platform and a broad offline network, is committed to building awareness of financial technologies to propel economic growth, the company's founder said.

"As a market leader in wealth management and inclusive finance, CreditEase will help improve financial health for the mass affluent middle class in China and abroad," said Tang Ning, also CEO of CreditEase.

Tang made the remarks during a recent FinTech conference, the 2017 Silicon Valley - Beijing Dialogue, in San Francisco.

More than 200 guests attended the event, with key topics including FinTech's pivotal role in economic development, inclusive finance and wealth management.

Highlights of the event included the use new technologies such as artificial intelligence, blockchain, machine learning, cloud computing in crowdfunding, digital payment, supply-chain financing, robo-advisory, insurance tech and educational tools to further middle class investment.

Edwin M. Lee, mayor of San Francisco, Willie Brown, former mayor of San Francisco, and Barney Frank, former chairman of the House of Representatives Financial Services Committee, delivered keynote speeches during the conference.

Also attending the event were about 100 leading venture capital firms from the San Francisco and Silicon Valley areas, CreditEase Wealth Management funds' portfolio companies and over 30 CreditEase's wealth management clients from China.

"We are excited to have organized such a forum in one of the world's most active innovation hubs for investors, entrepreneurs and users to address their thoughts, needs and concerns. Globalization is an irreversible trend for technologies and investments," Tang said.

The Silicon Valley - Beijing Dialogue, launched by CreditEase and IDG Capital in 2013, has been widely recognized as a weathervane of FinTech development in China and the US.

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