Posts From Fintech News Hong Kong

10 ICO Stats Show How The Current Market is Doing

Increasing popularity of initial coin offerings (ICOs) as a means of funding startups brought particular attention to this thriving market and helped the blockchain industry grow drastically in recent years. According to a June 2018 PwC report, ICOs continue to

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Taiwan Startups Win Singularity University’s First APAC Global Impact Challenge

Singularity University just concluded their very first APAC Global Impact Challenge (GIC), and two Taiwanese startups have emerged as winners. The challenge aimed to discover moonshot innovations and startups that positively impact the lives of people living in the Asia Pacific, specifically

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Diginex To Partner Agora For Blockchain-Based Voting in Asia

Blockchain solutions provider Diginex will join forces with blockchain-based voting platform Agora to provide blockchain-based voting in Asia. Agora uses the blockchain to record and store voting information. Leveraging the blockchain’s properties in this manner has the potential benefit of

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ZhongAn Technology Launches AI-Powered Data Platform for China’s Insurance Industry

ZhongAn Online is a digital insurer in China that was formed through the collaborative efforts of Ping An, Tencent and Alibaba. As the name suggests, it is an insurance service that is run fully online, which helps them widen their net

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CurrencyFair Announces Asian Expansion and Buys Hong Kong Payment Company

CurrencyFair, an International Money Transfer service to consumers and businesses has announced a major expansion into Asia through the acquisition of Hong Kong based, Convoy Payments Limited. This announcement follows Hong Kong Special Administrative Region (HKSAR) Financial Secretary Paul Chan’s

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12 Fintech Startups in Shanghai You Should Know

Shanghai, a global financial center and transport hub, has emerged as one of China’s fintech powerhouses in recent years, and the city’s tech scene is expected to further grow in new technology areas such as virtual reality, biometrics, big data-based

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Virtual Banks to Shake up Hong Kong Banking Landscape

Hong Kong is gearing up for the arrival of virtual banks, or financial institutions without physical branches. The Hong Kong Monetary Authority (HKMA) is set to issue the first batch of virtual bank licenses as early as this year. The

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Cryptocurrency Exchanges in Taiwan

As the development of cryptocurrency evolves, cryptocurrency exchanges have become the core of the blockchain economy globally. Exchanges open the access to cryptocurrencies to the public, allowing investors to trade with fiat currencies or cryptocurrencies. Because of the use of

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HKMA Launches Open API in Hong Kong, Leads by Opening Their Data

After a long deliberation and hearing from 41 different respondents, the Hong Kong Monetary Authority (HKMA) has just published the Open Application Programming Interface (API) Framework for Hong Kong’s banks. The API is one out of the seven initiatives announced

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Top 16 Fintech Investors in Hong Kong and Mainland China

China’s Internet finance industry has boomed in recent years. The country leads the world when it comes to total users and market size, and fintech startups are mushrooming. China contributes to some of the world’s largest investments in the fintech

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