Ant Group backed Personal Credit-Scoring Joint Venture Application Accepted by People’s Bank of China


Source: newsbreak.com newsbreak.com

Key Topics in this News Article:

News Snapshot:

China’s reserve bank confirmed on Friday (November 26, 2021) that it had accepted the application to launch a personal credit-scoring joint venture that is reportedly being backed by Alibaba‘s (NYSE: BABA) Fintech division Ant Group and various other companies. Qiantang Credit Rating Co Ltd will now become the third...