Lang Di Fintech Announcement: China Fintech Opportunity to the World

Gabriel Hai, CEO of our partner company in China, first describes the plans LendIt has in China; we will host a multi-city executive tour and two day fintech event in Shanghai; the LendIt China experience runs from July 7 - 17; the fintech opportunity in China is enormous with 700 million smartphone users and a poor financial infrastructure; Hanfor Holdings President Lu Guo described how the power of technology has helped to accelerate globalization and equalize the financial playing field; fintech in China has brought more affordable products to people who previously did not have these options; China and the US have taken different paths to their fintech success and are starting to converge together; globalization is irreversible and collaboration between the two fintech markets will only help to get more people involved in the financial system in a meaningful way.