Internet company Opera has hired Allen Hu, formerly of PayPal and WeChat, to head up its new FinTech offering.
In Brief:
Opera’s FinTech arm, Dify, was announced last month.
It is set to be rolled out to Opera’s 380mn monthly users.
Hu was formerly Regional Head of Global Core Payments at PayPal.
What does this mean?
Led by Hu, Dify will focus on bringing in-browser and app-based products into the Opera browser which can be used for shopping, cashback and investment opportunities.