Among Asian cities Shanghai is considered one of the hottest Fintech start-up ecosystems in the region. Known as the financial capital of China, its Fintech start-up environment is stronger then Beijings, the country’s capital. Shanghai is catching up to traditional financial capitals like New York and London because of its outburst of Fintech innovation disrupting financial services. As Shanghai’s tech scene continues to develop, other areas of financial services innovation will find a place in this vibrant center - Blockchain, Big Data based risk management, and Artificial Intelligence.
Nicholas Krapels is an American writer, educator, and entrepreneur who has lived in China since 2011. While working towards his PhD in Chinese politics at East China Normal University, he teaches finance and business strategy at Shanghai-area universities and is the Shanghai Community Manager for the international blockchain advocacy group FinTech Connector (https://www.fintechconnector.com) and Director of China Business Development for DarcMatter (http://www.darcmatter.com), an alternative investments platform powered by the NEM blockchain. He is a serial startup advisor, stock and cryptoasset portfolio manager, and absolutely loves investing.