Posts From Fintech News Hong Kong

FinTech Association of Hong Kong Launches Best Practice Paper on ICOs

In response to growing interest in digital token sales, often referred to as Initial Coin Offerings (“ICOs”), the FinTech Association of Hong Kong (“FTAHK”) has today published a paper outlining best practices for running token sales in Hong Kong.  The

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A Fintech Supervisory Chatroom for Hong Kong

The Hong Kong Monetary Authority (HKMA) launched a Fintech Supervisory Chatroom . The Chatroom is a new feature of the Fintech Supervisory Sandbox 2.0.  It seeks to provide supervisory feedback to authorized institutions (AIs) and technology firms at an early

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Citi Explores 10 Disruptive Innovations in New Report

Citi Global Perspectives and Solutions (Citi GPS) has released the fifth edition of its Disruptive Innovations series, detailing ten exciting new trends in the areas of genetics, robotics, blockchain, the Internet of Things (IoT), and more. Blockchain in commodities Blockchain,

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Meet the new Startups in the DBS Hong Kong Accelerator

The new DBS Hong Kong based Startups which will try to shape he future of banking are:   Avoka is a software company focused on digital customer acquisition in financial services and government. Founded in 2002 in Sydney, Avoka has

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Robo Advisors in Hong Kong

Robo advisors are taking off in Asia, attracting younger generations with digital, low-cost wealth management solutions. In Asia Pacific (APAC), China, Hong Kong, Singapore, Australia, South Korea, India and Taiwan are expected to lead the robo advisory arena with a

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PAG Acquires Control of ZHENAI.COM, China’s Largest Online Matchmaking Business

Zhenai Inc.  China’s largest online matchmaking and dating service provider, announces that PAG, one of the largest investment firms in Asia, has closed the acquisition of a super-majority controlling interest in Zhenai. The transaction size is not disclosed. Founded in

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Foreign​ Currencies ​Marketplace App YBPay Launches Web Version! ​

YBEX is a Hong Kong based financial technology company, delivering an online marketplace for foreign exchange services. they strive to bring the best user experience in the financial services industry through continuous innovation. With YBPay for Apple and Android, users

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Infographic: The 11.11 Global Shopping Festival , Mobile Payments

The 11.11 Global Shopping Festival generates bigger numbers every year than any other online sale in the world. This year’s final tally hit a new record: $17.79 billion in gross merchandise volume, up from $14.3 billion in 2015. But Alibaba

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Announcing the Launch of HK’s First Mobile Platform for Insurance Purchasing and Claiming

Wesurance, a Hong Kong-based InsurTech provider will launch of Hong Kong’s first mobile platform for insurance purchasing and claiming. Developed in partnership with two industry leaders, Allied World Assurance Company, Ltd and TransUnion, the platform features key technological innovations, including

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SK Telecom, Hyundai Motor Company, Hanwha & Element AI Create US$45M Global AI Fund

Element AI, an artificial intelligence company that delivers groundbreaking AI solutions, today announced it has established a joint $45M fund with Korean conglomerates SK Telecom, Hyundai Motor Company, Hanwha. The new fund leverages each partner’s unique value and targets the

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