Growth strategy for China’s fintech firms: Q&A with Chris Skinner

Editor’s note: This post was contributed by Jx Tan, Countly Analytics’ Chief Growth Officer (China & APAC). Founded in 2012, Countly’s Open Source framework represents a new category of collaborative technology that answers difficult questions like for innovative companies like Atom Bank based on their users’ in-app behavior and crash data. 

China’s internet finance industry is booming. The country leads the world when it comes to total users and market size; financial-technology (or fintech) start-ups are mushrooming, as are company valuations; capital markets are aggressively pursuing the Internet finance industry, and consumer behavior is changing dramatically. By the end of 2015, the market size of the country’s Internet finance sector was more than 12 trillion renminbi ($1.8 trillion), dominated by the payments sector.

I spoke with Chris Skinner, a UK-based commentator on financial markets and author of Digital Bank and Value Web, about the unique opportunities for China’s fast-moving fintech industry, international fintech trends, and how traditional banks & fintech start-ups are exploring new ways to work together.

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