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24 Fintech Unicorns Were Born in 2019

In 2019, a record of 24 fintech unicorns were born, with more than half of them (13) being from the US, according to data from CB Insights. Following the US is Germany with three new fintech unicorns, and the UK

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Digital Assets Firm FinFabrik to Integrate Chekk’s KYC Solution

FinFabrik signed a Memorandum of Understanding (MOU) with Chekk to integrate Chekk’s KYC capabilities to its market infrastructure “CrossPool”, enabling financial institutions in private markets to grow new digital asset businesses powered by distributed technology. CrossPool is built to serve

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HK-Based Fintech Awarded “Most Innovative” in Alibaba’s Global Pitch Competition

The Alibaba Entrepreneurs Fund/HSBC JUMPSTARTER 2020 Global Pitch Competition Grand Finale today announced the top five winners at the close of the two-day event with 20,000 supporters from 100 countries and regions participated online. Up to a total US$5 million

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How Hong Kong’s Financial Regulator is Doubling Down on Data Science

It’s evident to observers of the space that fintech has been one of Hong Kong Monetary Authority’s priorities in the recent years. Over the past few years, the regulator has introduced many new initiatives including the widely known Faster Payment

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Top 9 Upcoming Fintech Events in Hong Kong in 2020

Despite political unrest, the Hong Kong startup ecosystem has continued to grow with the number of fintech companies based in the territory now exceeding 600. Hong Kong fintech company have raised US$1.1 billion over the past five years, and the

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Hong Kong Fintech Week 2020 to Return in November

InvestHK today announced that its fifth annual Hong Kong Fintech Week will take place from November 2 to 6 at AsiaWorld-Expo in Hong Kong and in Shenzhen. InvestHK also outlined some of its activities and programmes planned for the months

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Ping An Technology and Intel Sets up Innovation Lab

Ping An’s announced a collaboration between its technology arm Ping An Technology and Intel to establish a joint laboratory where they will collaborate on developing new products and technologies. The two companies will form a joint project team in areas

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A Review of Hong Kong’s Fintech Developments in 2019

Hong Kong, one of the world’s leading international financial centers, has a burgeoning fintech ecosystem with more than 600 companies, a large pool of investors and acceleration programs, and a supportive government that has committed to establishing a favorable environment

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Top 50 Most Influential Projects of the Last 50 Years

Alibaba’s Singles Day, M-Pesa, Alexa, the Belt and Road Initiative, Bitcoin and E-Estonia are amongst the most impactful projects of the last 50 years, according to a new ranking from the Project Management Institute (PMI). The list, called Most Influential

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Hang Seng Bank To Enable Cardless Withdrawals at 600 ATMs in Hong Kong

Soon you’ll only need your mobile phone to withdraw from one of Hang Seng Bank’s 600 ATM machines in Hong Kong. Hang Seng will be launching its mobile cash withdrawal service powered by NFC and QR codes some time this

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