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Chinese Search Giant Baidu Just Backed This Fintech Company

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Baidu is making an investment in a U.S.-based fintech company, the Chinese search juggernaut announced on Monday. Baidu is making an undisclosed investment in ZestFinance, a startup that blends machine learning with big data analysis to pinpoint more accurate credit scores. This isn’t the first Chinese investment in ZestFinance. E-commerce site JD.com made an undisclosed investment in ZestFinance last year.http://fortune.com/2016/07/18/baidu-credit-scores/
posted in Finance/Commerce by Lucille Conde Jul 25,2016 22:56 pm

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