In Depth: New Breed of Fintechs Line Up to Follow Ant Group’s IPO

Call it “Fintech 2.0.”

Following the boom and bust of an earlier generation of financial technology startups, many centered on a peer-to-peer (P2P) lending business model, a new generation of better regulated fintechs is taking their place. Many of those could be coming to market this year, led by what’s expected to become a world record-setting IPO by Ant Group Co. Ltd., the financial affiliate of e-commerce giant Alibaba Group Holding Ltd.