We are a big believer of the collaboration model in FinTech, with some exceptions where disruption will take place:) Interesting enough, Mr Ma himself has been disrupting the Chinese Banks and wants to Collaborate now he established himself as a leading Chinese Financial Institution
Jack Ma, chairman of Alibaba Group, offered an olive branch to other financial technology (fintech) organisations on Saturday as he advocated a concerted effort to tap the huge potential of China’s digital banking sector. “We would like to entirely share with partners our capability of data collection and data processing to jointly develop the inclusive financial system,” he told a financial forum in Shanghai. “It won’t be a single giant firm that can dominate the country’s digital banking services.” His remarks were aimed at playing down speculation on the potential dominant role of Ant Financial Services, an Alibaba affiliate, in the mainland’s new financial landscape amid a rapid penetration of internet technologies. Ant Financial forms strategic partnership with Thai fintech Ascend Money
http://www.scmp.com/news/china/article/2047567/alibabas-ma-proposes-collaboration-fintech-sector
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