logo
logo
AI

Discover the World’s Fastest Business Insights

Get real-time alerts on funding rounds, executive hires, acquisitions, and more— plus verified contact details and AI-powered outreach to connect faster.
Sign up now to unlock exclusive data and opportunities.

Tencent Invests In Easy Transfer To Amp Up Cross-Border Payments Ambition

Tencent Invests In Easy Transfer To Amp Up Cross-Border Payments Ambition

01/13/22, 12:45 PM
Tencent has invested in Easy Transfer, a startup that aims to make tuition payments less stressful for hundreds of thousands of overseas Chinese students.

Company Info

Company
Easy Transfer
Additional Info
With Easy Transfer, users fill out a straightforward form online and the startup takes care of the rest for a fee of up to 200 yuan ($31). The startup served 120,000 students in the past year and processed over $2 billion in transactions, according to Gao. Overseas expansion has proven challenging for Tencent, and the firm has largely relied on strategic investments to extend its influence abroad.
G2 High Performer Badge

Never Miss an Opportunity: Your #1 Sales Intelligence Tool

Get lightning-fast updates on funding rounds, executive hires, contract awards, and more—powered by AI-driven insights to help you connect with the right prospects first.