Biography of Lai Shixian

Overview

Lai Shixian is a self-made billionaire from China. He is the founder and CEO of LianLian Group, a leading Fintech company that provides cross-border payment solutions. With a net worth of $3.3 billion, he ranks 832nd on the Forbes Global Billionaires list.

Early Life and Education

Lai Shixian was born in 1972 in Fujian, China. He grew up in a small town and was raised by his parents who were farmers. Lai was a bright student and received a scholarship to study at Xiamen University, where he graduated with a degree in Computer Science in 1995.

Career and Achievements

After graduation, Lai started his career as a software engineer at a local company in Fujian. In 1997, he joined the newly established China Merchants Bank, where he played a key role in developing the bank’s online banking system.

In 2002, Lai left China Merchants Bank to start his own company, LianLian Group, which focused on e-commerce and online payments. Over the years, LianLian Group has grown to become one of the largest Fintech companies in China, with a presence in over 170 countries worldwide. The company provides a range of financial services, including cross-border payments, mobile wallets, and digital banking.

In 2016, LianLian Group partnered with Ripple, a leading provider of blockchain-based solutions, to enable faster and cheaper cross-border payments. The partnership has helped LianLian Group to expand its global presence and offer its customers more efficient and cost-effective payment solutions.

Lai Shixian has been recognized for his achievements in the Fintech industry. In 2017, he was named Entrepreneur of the Year by Ernst & Young China. He has also been featured on the Forbes China Rich List and Forbes Global Billionaires list.

Personal Life

Lai Shixian is a private person and little is known about his personal life. He is married and has two children.

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