GUANGZHOU, CHINA�- Media OutReach - December 3, 2018 - The annual Fortune Global Tech Forum, held for the second time in China,
saw a convergence of the brightest and most innovative people in the
technology, media, entertainment and finance industries. One
fintech startup stood out above the rest; UnPay, a global fintech company that enables cross-border
financial services via its open platform, bagged
the highly-coveted Fortune China Innovation Award in the
Fintech and Blockchain category.
The Fortune China Innovation Award competition aimed to uncover the most promising startups across a
variety of industries. Each of the 12 finalists showcased the innovation of
their products and services within four minutes, and then withstood a gruelling
question and answer segment from the judges.
UnPay’s co-founder Ms Jenny Zhao, impressed the judges
when she highlighted the platform’s unique capability in providing a
one-stop, global payment service. As the first company to deliver a
comprehensive portfolio of financial services end-to-end, UnPay also has lofty
ambitions to construct a global hub that integrates capital and information
exchanges for merchants around the world. Those lofty ambitions paid off with
the innovative company walking away with the esteemed award.
In addition to its big win in the competition, UnPay CEO
and Founder, Mr Zhang Zhenghua, also shared his insights on the payment
landscape as well as his vision in providing a
global network of financial services, at the panel, Fintech:
Who Needs Cash, Anyway?
Commenting on the state of payment, industry veteran and
payment powerhouse, Zhenghua, said that the world
is currently embracing mobile payment. As the leader in this area, China has
the capability to help emerging markets develop and digitalise their payment
ecosystems. These markets, which account for over 60% of the countries
worldwide, can upgrade their societies to the next level through
digitalisation.
Augmenting his point on China’s
leadership, Zhenghua observed that China is already in digital payment 4.0 and
has ushered in a new era of digital payment. Payment 1.0 started with barter
trade, 2.0 with paper money, 3.0 with global credit cards and the current phase
of 4.0 with digital payment.
To enable emerging markets to keep up
with the worldwide push for cashless societies, UnPay aims to empower digital
payment capabilities via its platform. It also strives to provide an extensive
network of payment exchange services worldwide that will increase efficiency in
global trade, capital and services.
The theme of this year’s forum was “Innovation in the Age
of Artificial Intelligence”. The two-day event shone the spotlight on the rapid
pace of technological advancement and evolution of trends. Prominent speakers came from the world’s most successful enterprises
and conglomerates such as Ant Financial, Ctrip and Tencent.
Founded just a year ago, UnPay is
already connected to over 500 mainstream payment methods in more than 200
countries and regions. It currently has over 14 offices across various regions
such as Hong Kong, Indonesia, India, New Zealand, the United Kingdom and
its regional headquarters in Singapore.
For
more information, please visit www.unpay.com.
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