Online insurer ZhongAn leads Chinese rise in financial tech: study

Chinese online property insurer ZhongAn has topped a list of financial technology (fintech) innovation companies, leading a strong showing by Chinese firms this year amid increased funding and interest in the sector there. The Fintech 100 list, published on Monday under a collaboration between investment firm H2 Ventures and KPMG, was still dominated by U.S. companies, with 40 percent of the firms based in the Americas. Fintech companies are shaking up banking and other industries by allowing sa