Personal Finance
Hyphen Group Raises US$20M Funding Round Led by PCCW
The Hyphen Group, formerly known as CompareAsiaGroup, announced that it has closed a new US$20 million investment round led by technology company PCCW. While further details were not disclosed, a PCCW filing with the Hong Kong Stock Exchange suggests that
Read More
6 Advantages Of An Online Business Account
In the past, most businesses were brick-and-mortar establishments. Recently, the business sector has seen a dramatic shift as more businesses are going online. This shift has brought about many changes, including how to handle finances. And many businesses are opting
Read More
CompareAsiaGroup Rebrands as Hyphen Group
CompareAsiaGroup, a Southeast Asian financial marketplace, announced it has completed its rebranding to Hyphen Group. Hyphen said in a statement that the new name, brand identity, logo and website reflects the “company’s renewed commitment to accelerate the digitisation of the
Read More
Sofi Invest Enters HK With Its Commission Free-Trading Through Acquisition of 8 Securities
SoFi, the digital personal finance company, announced today an expansion into its first international market, with the introduction of SoFi Invest in Hong Kong. SoFi is launching its international presence in the Hong Kong market based on its acquisition of
Read More
A Look at Line and Nomura’s Zero-Commission Online Brokerage in Japan
Line Securities Corporation, a joint venture between Asian financial services group Nomura Holdings and Line Financial Corporation, the financial services arm of Internet firm Line Corporation, has launched a new mobile investment service targeted at younger, digital-savvy generations. The new
Read More
Local Fintech Startup to Fuel Global Ambition with US$1.6 Million from Vectr Ventures
gini, a Hong Kong-based smart spending-tracker announced that it has completed its seed round with a $1.6 million investment from both international institutions and Hong Kong-based Vectr Ventures, the early stage fintech venture capital firm. The co-founders, CEO Raymond Wyand
Read More
Chinese Personal Finance Fintech Sponsors NBA China
X Financial and NBA China announced today a multi-year marketing partnership that makes the company an official marketing partner of NBA China. X Financial is a leading technology-driven personal finance company in China, and it is NBA China’s first time cooperating with a company
Read More
Alipay Introduces Two New Money Market Funds
Alipay, the world’s largest online, mobile payment and lifestyle platform, operated by Ant Financial Services Group, announced last month the addition of two new money market funds to Yu’e Bao, the spare cash management platform within the Alipay app. The
Read More
Nasdaq Expands Hong Kong Presence with Data Center Connections
Nasdaq announced that it is establishing connectivity to three data centers in Hong Kong to increase its service to the Asia-Pacific (APAC) region through a Nasdaq Point of Presence (POP), helping to provide more efficient, cost-effective access to Nasdaq financial
Read More
Former Wall Street Hedge Fund Manager Launches Crypto Investment Bank Clipper Coin
In 2010, Zhen Liu started what became China’s first hedge fund and four years later he founded the country’s first robo-advisory firm, Clipper Advisor. He has since moved into the crypto space, having recently launched Clipper Coin Capital, which he hopes to
Read More