China launches mega $1.44b Asia FinTech M&A Fund of Funds

Chinese 100 yuan banknotes are seen in this picture illustration taken in Beijing May 7, 2013. REUTERS/Petar Kujundzic

Affirming its dominance in the Asian fintech sector, China has launched a mega $1.44 billion Asia FinTech Merger and Acquisition Fund of Funds (Asia FinTech FoF) to focus on investment opportunities in the region.

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