Sean Neville, co-founder and vice president of products and operations of CIRCLE [Photo provided to chinadaily.com.cn]
The three executives are bullish on Chinese Internet development and have been to China several times seeking business opportunities. China’s IDG Capital Partners is one of CIRCLE’s strategic investors. CIRCLE also plans to set up agencies in China and bring its products into the China market. “It will help the internationalization of the RMB and be convenient for consumers,” says Allaire.
Jim Breyer,board director of CIRCLE [Photo provided to chinadaily.com.cn]
According to Allaire, “Internet financial transactions will bring in worldwide changes and blockchain technology will have a profound impact on the business models of the auditing, accounting and insurance industries.” In the future, CIRCLE plans to emphasize product research and development, market expansion, and improvement of user experience. Strategic cooperation with Barclays Bank and other partners is also upcoming.
The Internet Plus series has been held twice before with the guests including Charles Adler, one of Kickstarter’s founders, and Yan Yan, founder and managing partner of SAIF Partners.