SINGAPORE -- 17 September 2018 - Zhang Zhenghua, Founder and CEO of UNPay, has made it to Fortune China's 40 under 40's list in 2018. Fortune, one of the world's most influential business magazines, has officially unveiled its annual ranking of the most influential young business leaders in China.

Each of the 40 business elites who has been featured in this esteemed list, is selected for their ingenious business models within a short span of time, as well as their abilities to create a sustainable entrepreneurial foundation. These business elites represent the future of the Chinese business community with the potential to change and enhance the lives of people around the world.

In its evaluation of Zhenghua, Fortune magazine stated that Zhenghua was only 30 years old when he became the founder and CEO of Baidu Wallet and Baidu Finance, managing a team of nearly 1,000 people. His ambition to build the world's largest network of funds and information exchange services, with the aim of becoming the Visa of the next generation, was what prompted him to start UNPay. UNPay, which is headquartered in Singapore, has since established offices in Hong Kong, Indonesia, India, New Zealand and the United Kingdom.

As one of the pioneers in China's payment industry, Zhenghua has been consistently recognised for his contributions by the media and the industry. In addition to being awarded the "Innovative People of the Year" and "Character of the Year", Zhenghua was also selected as the first batch of scientific and technological innovation entrepreneurs by the Ministry of Science and Technology. During Zhenghua's seven-year stint in Alipay, he created the company's first consumer strategic product called "Life Assistant" which took the country by storm.

Today, Zhang Zhenghua is taking UNPay to greater heights. UNPay is currently connected to over 500 mainstream payment methods, achieving a comprehensive coverage of more than 200 countries and regions. Within a short span of time, UNPay has become the world's most extensive payment service network. The business currently spans industries in travel, education, e-commerce and digital entertainment.

Mr Zhang Zhenghua expressed, "The technology for advanced digital payment should be made ubiquitous around the world. It is our aim to enable and connect to the world's payment channels. We also strive to empower traditional financial institutions, as well as modernise traditional payment vendors and customers from all walks of life to revamp the existing payment structure."

"UNPay is committed to building a payment ecosystem without borders, empowering global partners and establishing the world's largest network of funds and information exchange services. From digital payments to credit card payments, UNPay is reshaping a brand-new wave of global payment!" Mr Zhang added. (mor/*).