China is arguably leading the fintech race with rapid development in this sector. 8 out of 27 most valued fintech unicorns are from the country. Chinese mobile payment alone contributed to more than $5 trillion transaction in 2016. Financial Times’ report in 2017 shows that China is in number spot, 50 times ahead of the US in the world of mobile payments thank to fintech player like Alipay. Have you ever wondered how fintech in China grow so fast? Such transaction volume needs robust and strong infrastructures to support the activities, so what’s behind China’s success stories in scaling their fintech businesses? AlibabaCloud, in partnership with BLOCK71 Jakarta, presents you “AliChat@BLOCK71: Fintech in China, Built to Scale”. Come join us on February, 8th at BLOCK71 Jakarta location in Ariobimo Sentral level 8, Kuningan Timur. A representative from Alibaba, Siju will share about the fintech industry in China, how to support the business scaling and how fintech startup can learn from them.   Event detail Date: Wed, 8th February 2018 Time: 6.30pm - 8.30pm Venue: BLOCK71 Jakarta, Ariobimo Sentral level 8, Kuningan Timur   About the speaker Sijukumar Kumaran, Pre-sales, Lead Solution Architect - Banking and Financial Services at Alipay Siju is an experienced enterprise technology change Leader with 16+ years of project/program delivery and solution architecture in banking services, strengthening business opportunity through strategic IT solution planning. He has been associated with large financial enterprises in various roles across front office, middle office and back office systems. In his previous career role Siju worked with Barclays investment bank for 11+ years as program delivery manager. He was leading architecture and program delivery for derivatives trade services across multiple platforms and products. He also worked with US based financial product company, Thomson Reuters, and French investment bank, Societe Generale, in the past.   This event is brought to you by: About Alibaba Cloud Alibaba Cloud is a subsidiary Alibaba Group provide a suite of cloud computing services that covers elastic computing, object storage, relational database, big data analysis, and artificial intelligence in 15 geographical regions around the globe. Alibaba Cloud will expand the data center footprint in Indonesia and India, in addition to the recent launch in Malaysia.   About BLOCK71 Jakarta BLOCK71 Jakarta is a partnership between NUS Enterprise and Salim Group. Located at Kuningan, the heart of Jakarta’s business district and growing epicenter for the tech start-up community, it is part of the BLOCK71 network, an initiative by NUS Enterprise in collaboration with corporates and government agencies. BLOCK71 is an ecosystem builder and global connector. It catalyses and aggregates start-up communities, providing opportunities for growth and access to new markets.