Tencent - News, Articles & Research

Tencent dumps stake in UK fintech Tide

Chinese tech giant Tencent has sold its 14% stake in British business banking platform Tide, according to the Telegraph.

13 August 2024

Company announcement/payments

MoneyGram and Tencent partner on remittances to Weixin Pay wallet users across China

MoneyGram International, Inc., ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, today announced a new partnership with Tencent Financial Technology, the fintech division of Tencent.

05 April 2024

Company announcement/payments

Visa and Tencent to enable inbound remittances to digital wallets via Visa Direct

Visa, a world leader in digital payments, and Tencent Financial Technology, the fintech division of Tencent, a global internet company, announced today at the Singapore Fintech Festival 2023 that they are partnering to enable Weixin users to receive inbound remittance in their digital wallets.

16 November 2023

Company announcement/payments

Primer bags Tencent investment

Primer, the unified infrastructure for global payments and commerce, has secured investment from the world’s leading internet company Tencent.

07 November 2023

News/retail

Ant Group launches AI model for financial apps

Ant Group announced that it has begun consumer and professional app testing for a finance-specific artificial intelligence (AI) model at the Inclusion Conference on the Bund in Shanghai this week.

08 September 2023

News/payments

Chinese payment app giants start accepting Visa and Mastercard

Travellers to China can now use Alipay and WeChat Pay after the hugely popular mobile payments platforms moved to let people link international credit cards.

26 July 2023

Company announcement/payments

Tencent Financial Technology rebrands; introduces inbound remittances for Chinese nationals

Tencent Financial Technology, Tencent's fintech arm, is pleased to introduce Tenpay Global, a new international brand for its cross-border payment business.

05 December 2022

News/payments

China's TenCent leads $18 million Series B in UK fintech Previse

Chinese ecommerce giant Tencent has led an $18 million funding round into London-based fintech Previse.

24 May 2022

News/payments

Tencent invests in UK fintech

Chinese ecommerce giant Tencent has led a funding round into London-based fintech Previse.

22 April 2022

News/crypto

Tencent commences test programme for digital yuan wallet

Tencent has rolled out a wallet that enables users to make transactions using China's central bank backed digital currency.

14 April 2022

News/retail

Tencent takes stake in Monzo as part of $100 million capital injection

Chinese technology behemoth Tencent has taken a small stake in Monzo as part of a $100 million top-up to the UK challenger's recently announced $500 million funding round.

04 January 2022

News/payments

Paysend-Tencent partnership enables Weixin transfers

UK-based payment ecosystem, Paysend, has just announced a partnership with the fintech arm of internet and technology company, Tencent. The joint venture will allow people to receive money through Weixin – China’s version of WeChat.

30 December 2021