Archive

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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Singapore’s Largest Co-Living Company Expands Into Hong Kong

Singapore based co-living company, Hmlet announced it signed an agreement to acquire Hong Kong co-living startup, we r urban. The deal marks Hmlet’s expansion into the Hong Kong market and is their first acquisition of a direct competitor. we r

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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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Hong Kong Monetary Authority Unveils Blockchain Trade Finance Platform

Trade finance, where financial institutions provide credit facilities in order to guarantee exchange of goods, is a centuries old industry that is hampered by challenges such poor customer experience, increasing cost pressure and substantial regulatory burden. With its manual, cumbersome

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US$55 Million Series C Funding for Japanese Fintech

Paidy – the instantly issued post-pay credit account linked to mobile phone number company from Japan, has announced at RISE in Hong Kong a Series C funding round of US$55 million. The investment is being led by ITOCHU Corporation, with

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Fintech in Hong Kong: 2018 Mid-Year Review

Hong Kong, an international finance hub, has set out to become a leader in fintech with the Hong Kong government and regulators actively supporting the growth of the industry. Today, the city hosts over 130 fintech startups, offers three fintech

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GoBear Hong Kong Launches its New Mortgage Comparison Feature

GoBear, an insurance and financial product comparison platform for Asia launches a new product comparison. Mortgage comparisons are now available on the GoBear platform in Hong Kong. It is not easy to afford a property in Hong Kong, yet becoming

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Former Jefferies Asia CEO to Lead Block.one’s US$1 Billion EOS VC Venture Capital Division

Block.one, publisher of the EOSIO blockchain software protocol and seller of the EOS Token, announced that former Jefferies Asia CEO Mike Alexander has joined as CEO of its US$1 billion EOS VC venture capital arm. Based in Hong Kong, Alexander

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China’s Internet Landscape Explained: How it’s Reshaping the lives of 772m Internet Users

During the RISE international tech conference , the 2018 China Internet Report was released exclusively on Abacus, a new media platform from the South China Morning Post (SCMP). Covering twelve industries, this hundred-page report summarizes China’s dynamic internetindustry for international readers.

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Global Fintech Hub Index 2018: China is The World’s Leading Fintech Hub

Unsurprisingly, with fintech giants like Alibaba and Tencent Holdings, Chinese cities nabbed top spots in a new Global Fintech Hub Index 2018 (GFHI). Meanwhile Hong Kong ranked 13th in a list compiled to portray global fintech landscapes based on insights

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