Posts From Fintech News Hong Kong

11 Fintech Artificial Intelligence Startups to Watch in Asia

Blockchain may have been the obvious choice when one considers the subcategory of fintech that might gain traction this year, but we should have expected that the rise of a more reliable ledger system would pave the way to the

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Skype Co-Founder’s Lending Startup Raises US$105 Mil

Oriente, the Hong Kong-based financial services and technology company announced today that it had completed a US$ 105 million initial funding round. This included investment from the founders and a group of family offices including members of the Berjaya Group,

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FWD Group Buys Into Bloomberg’s Risk-Management Software

FWD Group, a Hong Kong-based insurance arm of Pacific Century Group has bought into Bloomberg’s risk management solutions. Some of the systems that FWD have brought on include Bloomberg’s Multi-Asset Risk System (MARS), its Asset and Investment Manager (AIM), its

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Meet The Top 6 Funded Taiwanese Startups in Fintech

In Taiwan, regulators prefer innovators compared to disruptors. Innovators can work together with existing companies and thus, within the same regulation frameworks that have already been established. Meanwhile, disruptors usually call for brand new regulations, which can be more difficult

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7 Fintech Startups to Watch 2019 in Hong Kong

Hong Kong is investing heavily to become Asia’s top fintech hub. Among the key policies put in place this year to help it achieve its ambitions is a HK$500 million fund to develop financial services over the next half-decade, including

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MTR Users Will Soon Be Able to Pay Using TNG, UnionPay and WeChat Pay

Consumers will soon have more payments option for their MTR rides beyond just Octopus cards. Fresh out of their earlier announcement to enable Alipay by 2020, MTR awarded contracts to 3 more players, namely TNG Wallet, Union Pay and WeChat

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Neat First to Join Xero’s New Open Banking API for Accounting

Xero, a cloud-based accounting software platform geared for SMEs, announced the launch of its open banking API in Hong Kong, which would link up banks, fintechs and financial institutions. Xero has 1.6 million subscribers in over 180 countries including Hong

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InvestHK 2018 Hong Kong Fintech Map

Hong Kong, one of the world’s leading fintech hubs, have been experiencing incredible growth in recent years, thanks to a supportive government, its large pool of investors, and lots of startup programs aimed at supporting promising ventures. As of 2017,

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AlipayHK Will Be Offering QR-Based MTR Payments By 2020

After a fierce battle, AlipayHK wins the ability to provide QR code payment solutions for Hong Kong’s MTR, with the new payment system to be rolled out to 91 MTR stations by mid-2020. AlipayHK will serve as an extra option

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Tap & Go’s Partnership with Western Union to Enable Global Remittance

Western Union a household name for cross-border remittance along with HKT Payment Limited a Stored Value Facilities (SVF) license holder have signed an agreement to enable Tap & Go customers to user their mobile wallet to send money around the

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