Archive

How is China’s Smallest Province Hainan Attracting Fintech Giants Like Tencent

Since president Xi Jinping announced a plan to gradually turn Hainan into a pilot free trade zone by 2020 and transform the location into a free trade port by the year 2025, Internet giants and fintech firms are flocking in.

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Cyberport Chairman Reveals Secret Sauce to Growing 350 Fintechs in Just 3 Years

“Everything you do in a fintech startup, you’re likely breaking the law, one way or another,” said Cyberport’s chairman Dr. Lee George Lam about fintech in the technology hub he stewards. “If you want to move out of the box,

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For Blockchain to Succeed It Needs to Be Invisible, Experts Agree

This is not new rhetoric: most of us only ever heard of blockchain when cryptocurrency hit critical mass, particularly during the infamous Bitcoin bull of 2017. The same idea was expressed during the Internet Economic Summit 2019, a two-day event

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Korea Approves 9 Companies into its Fintech Sandbox

As part of its overarching grand plan to boost fintech in Korea, the Financial Services Commission of Korea announced the first batch of financial services providers into its financial regulatory sandbox. Among 19 applications shortlisted for priority review, 9 firms

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Futu Securities Bags Digital Brokerage of the Year Award

Futu Securities a Hong Kong based wealthtech firm recently bagged the “Digital Brokerage of the Year” award at The Asset Triple A Digital Awards 2018. Founded in 2012, Futu Securities is recognised by many as one of Asia’s top-ranked online

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Top 10 Hottest Fintech Startups in South Korea

Though relatively small when compared with the likes of China and Singapore, South Korea’s fintech industry has witnessed significant growth in the past years with now some 400 fintech companies present in the country. The ecosystem’s rapid development has been

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Meet Hong Kong’s 4 New Virtual Banks

Hong Kong Monetary Authority (HKMA) recently announced the first three recipients of the virtual banking licenses. This is quickly followed within the following week by yet another announcement of a new company approved to operate a virtual bank. Despite the

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Top 10 Fintech Startups in Taiwan to Keep an Eye on in 2019

Taiwan has been trying to gain a foothold for itself as a fintech hub, but despite their best response from the industry is still mixed But Taiwan if anything, is at least earnest in its efforts, it recently approved EMQ

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Li Ka-Shing Backed WeLab is the First Homegrown Fintech Granted Virtual Banking License

WeLab has been granted a virtual banking license by the Hong Kong Monetary Authority (“HKMA”), becoming the first homegrown Hong Kong fintech company to establish a virtual bank. This brings the total number of approved virtual banking players in Hong

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Burgopak Bags Award For its MCO Visa Card Design

London-based design company Burgopak has just been awarded for their excellence in industry challenging packaging design at the 2019 ICMA Élan Awards in Orlando, Florida—an award to cast a spotlight on the best of the best in the global transaction

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