Analysis of the New Development Direction of Chinese Overseas Fintech Payment Companies
This paper gives a broad description and analysis of the payment industry development in recent years. Global settlement no longer belongs to giant companies and top multinational banks. Fintech payment companies gained a superpower by combining with banks and adding their technical and user-friendl...
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| Other Authors: | |
| Format: | Thesis |
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Massachusetts Institute of Technology
2022
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| Online Access: | https://hdl.handle.net/1721.1/139543 |
| _version_ | 1826217203682246656 |
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| author | Wu, Shuaiyu |
| author2 | Cusumano, Michael A. |
| author_facet | Cusumano, Michael A. Wu, Shuaiyu |
| author_sort | Wu, Shuaiyu |
| collection | MIT |
| description | This paper gives a broad description and analysis of the payment industry development in recent years. Global settlement no longer belongs to giant companies and top multinational banks. Fintech payment companies gained a superpower by combining with banks and adding their technical and user-friendly solutions. These Fintech payment companies could provide customers with global multi-currency accounts and international settlement. They have taken root and sprouted worldwide and have developed rapidly in the past few years.
This paper focuses on the new development direction of Chinese overseas Fintech payment companies. Their management team is from China, and their target customers also come from china. They combined the world changes with the particular Chinese market. This paper will analyze their payment scenarios, operating structure, business, and revenue model.
After several years, the new market has gradually become clear. This paper analyzes the opportunities and challenges Payment Fintech may face in the medium and long term from a macro and micro perspective.
In the end, this paper put forward possible prospects on this track in the payment industry based on the above analysis. |
| first_indexed | 2024-09-23T16:59:41Z |
| format | Thesis |
| id | mit-1721.1/139543 |
| institution | Massachusetts Institute of Technology |
| last_indexed | 2024-09-23T16:59:41Z |
| publishDate | 2022 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/1395432022-01-15T03:01:50Z Analysis of the New Development Direction of Chinese Overseas Fintech Payment Companies Wu, Shuaiyu Cusumano, Michael A. Sloan School of Management This paper gives a broad description and analysis of the payment industry development in recent years. Global settlement no longer belongs to giant companies and top multinational banks. Fintech payment companies gained a superpower by combining with banks and adding their technical and user-friendly solutions. These Fintech payment companies could provide customers with global multi-currency accounts and international settlement. They have taken root and sprouted worldwide and have developed rapidly in the past few years. This paper focuses on the new development direction of Chinese overseas Fintech payment companies. Their management team is from China, and their target customers also come from china. They combined the world changes with the particular Chinese market. This paper will analyze their payment scenarios, operating structure, business, and revenue model. After several years, the new market has gradually become clear. This paper analyzes the opportunities and challenges Payment Fintech may face in the medium and long term from a macro and micro perspective. In the end, this paper put forward possible prospects on this track in the payment industry based on the above analysis. S.M. 2022-01-14T15:18:48Z 2022-01-14T15:18:48Z 2021-06 2021-06-10T19:13:46.918Z Thesis https://hdl.handle.net/1721.1/139543 In Copyright - Educational Use Permitted Copyright retained by author(s) https://rightsstatements.org/page/InC-EDU/1.0/ application/pdf Massachusetts Institute of Technology |
| spellingShingle | Wu, Shuaiyu Analysis of the New Development Direction of Chinese Overseas Fintech Payment Companies |
| title | Analysis of the New Development Direction of Chinese
Overseas Fintech Payment Companies |
| title_full | Analysis of the New Development Direction of Chinese
Overseas Fintech Payment Companies |
| title_fullStr | Analysis of the New Development Direction of Chinese
Overseas Fintech Payment Companies |
| title_full_unstemmed | Analysis of the New Development Direction of Chinese
Overseas Fintech Payment Companies |
| title_short | Analysis of the New Development Direction of Chinese
Overseas Fintech Payment Companies |
| title_sort | analysis of the new development direction of chinese overseas fintech payment companies |
| url | https://hdl.handle.net/1721.1/139543 |
| work_keys_str_mv | AT wushuaiyu analysisofthenewdevelopmentdirectionofchineseoverseasfintechpaymentcompanies |