Archive

WeLab raises US$220 million in new strategic financing

WeLab, one of the fastest growing fintech companies in Greater China, announced last month that it has raised US$220 million of combined Series B+ equity and debt strategic financing and has won the backing of the Alibaba Hong Kong Entrepreneurs Fund,

Read More

Blue Pool Wins Next Money Asia FF18 Hong Kong Semi-Final

Hong Kong fintech startup Blue Pool has won this year’s Next Money Asia semi-final in Hong Kong. Alongside the winners of the other regional semi-finals in Melbourne, Sao Paulo, Singapore, Shanghai, Dubai and Kuala Lumpur, Blue Pool will head to

Read More

Thomson Reuters Partners to support Hong Kong FinTech Innovation Hub

Thomson Reuters is partnering with the Hong Kong Applied Science and Technology Research Institute (ASTRI) to help accelerate the development of FinTech innovation by bringing technology, tools and content to the Innovation Hub launched jointly by ASTRI and the Hong

Read More

Adyen Launches Wechat Pay on Point-Of-Sale Terminals to Process Payments for 400m Chinese Consumers

Adyen rolled out WeChat Pay, one of the most popular mobile payment apps in China, allowing Adyen merchants to offer WeChat Pay on their point-of-sale terminals worldwide. This is a key addition to Adyen’s unified commerce solution. Since 2016, consumers have

Read More

Irish Financial Risk Solutions Comes to Asia

Financial Risk Solutions (FRS), a Dublin-based provider of unit-linked investment administration and compliance oversight software, is pleased to announce the opening of two offices in Asia;  Hong Kong and Malaysia. These are the first offices outside of Europe for the business. The decision

Read More

The First P2P Binary Options Platform Powered by Smart Contracts Launches a Private Pre-Sale

Betex Lab Limited announced a crowd sale campaign for its project Betex, the first ever transparent binary options platform. With a unique business model, the company is aiming to improve the existing derivatives’ market by using the Ethereum smart contracts.

Read More

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

Read More

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

Read More