Fintech News Hong Kong

WeLab Bank Appoints Tat Lee as New Chief Executive

WeLab Bank, a virtual bank licensed by Hong Kong Monetary Authority, announces that Tat Lee has been appointed as the

Read More

Cyberport & R3 Identify Potential Blockchain Projects in Block adVenture

Hong Kong digital tech park Cyberport has partnered with R3, a distributed ledger and blockchain software development company, for its

Read More

ZA Offers Free Post-Vaccination Protection for Hong Kong Customers

ZA International, digital insurer founded by ZhongAn Online, announced the launch of its “Free Post-Vaccination Protection” as a part of

Read More

Crypto.com Ties up With Booking.com to Offer Travel Discounts

Hong Kong-based cryptocurrency platform Crypto.com has announced a partnership with Booking.com to deliver travel deals to all its users within

Read More

Huawei and IDC’s Banking Resilience Index Uncovers How FIs Responded to COVID-19

A new whitepaper by Huawei and the International Data Corporation (IDC) looks at how banks around the world have responded

Read More

Prudential: Digital Health Technology Adoption on the Rise

Prudential released The Pulse of Asia – The Health of Asia Barometer, a report written by The Economist Intelligence Unit

Read More

FWD Hong Kong Leverages HKMA’s Faster Payments System for Instant Claims Service

FWD Hong Kong has launched its instant claims service through its eServices app. The solution allows FWD customers to receive

Read More

Ant Group Ordered to Revamp Its Business As Beijing Pursues Crackdown on Tech Giants

On December 26, 2020, four Chinese financial regulators, including the central bank, summoned Ant Group for regulatory talks, ordering the

Read More

Neat Issues Visa Cards for Hong Kong SMEs

Neat, a Hong Kong based fintech company offering modern financial solutions to SMEs and startups, has become a member of

Read More

EMQ Expands Cross Border Payments Service to South Korea

EMQ, a Hong Kong-based financial settlement network, announced that it has expanded its operations into the South Korean market, offering

Read More

Tencent’s Fusion Bank Signs on More Than 10,000 Customers Within 2 Weeks of Launch

Within 2 weeks of the public launch of Fusion Bank, the last of the eight virtual banks licensed by the

Read More

Financial Institutions Turn to Huawei’s Converged Data Lake Solution to Accelerate Banking Innovation

Like many other areas of the economy, the financial services sector is undergoing a data revolution. Every day, the global

Read More

HKMA Highlights 4 Regtech Uses Cases During COVID-19 Pandemic

  As the COVID-19 pandemic continues to profoundly disrupt the financial services landscape, technology holds to key to overcoming the

Read More

All You Have to Know About the Asian Financial Forum 2021

The Asian Financial Forum, Asia’s premier thought leadership platform for financial and business leaders, investors, technology pioneers and entrepreneurs, will

Read More

The Last Virtual Bank in Hong Kong Launched

Fusion Bank, Hong Kong’s virtual bank jointly owned by Tencent, Hong Kong Exchanges and Clearing, Hillhouse Capital and Perfect Ridge,

Read More

Crypto.com Picks AWS as Its Cloud Provider

Hong Kong-based cryptocurrency platform Crypto.com announced that it has selected Amazon Web Services (AWS) as its preferred cloud provider. Running

Read More

Year End Message to Our Readers – Offline from 24th December to the 3rd January

Fintech News Hong Kong would like to take this opportunity to wish all our readers a Merry Christmas and a

Read More

ZA Tech Forms Insurtech Joint Venture With Indonesian E-Wallet OVO

ZA Tech, the technology venture founded by insurance company ZhongAn Online and backed by Softbank’s Vision Fund, announced that it

Read More

6 Developments That Shaped Hong Kong’s Fintech Industry in 2020

Hong Kong’s fintech industry continued to grow in 2020, on the back of rising adoption by incumbents and a rapidly

Read More

OSL Receives Green Light From Hong Kong Regulator for Crypto Trading Platform

OSL, a digital asset platform and member of BC Technology Group, has received the license from Hong Kong’s Securities and

Read More

MUFG Bank Ropes in Velotrade to Automate Its Trade Invoice Processing

Velotrade, a digital trade finance marketplace, announced that its trade finance platform has been selected by MUFG Bank to manage

Read More

Visa Partners 500 Startups to Launch Accelerator Programme

Visa has announced an accelerator programme for startups across Asia Pacific that are looking to expand their businesses into new

Read More

Global Ecosystem for Digital Transformation in the Financial Sector

COVID-19 has speeded up digital transformation by several years. According to a new McKinsey Global Survey of executives, companies across

Read More

Banking Software Provider Finantix Makes a Series of Senior Appointments in APAC

Finantix, a provider of digital enabling software for the banking, wealth management and insurance sectors, has announced a series of

Read More

HKEX to Build New Settlement Acceleration Platform Using Smart Contracts

Hong Kong Exchanges and Clearing Limited (HKEX) is set to introduce HKEX Synapse, a new settlement acceleration platform for its

Read More

Citi’s Accelerator Ropes in Fintech Startups for Digital Economy Solutions

Citi hosted a virtual three-day Mega FinTech Accelerator featuring teams from 12 fintech firms who presented solutions for the digital

Read More

ICBC (Macau) Picks Huawei All-Flash Storage to Support Online Banking Boom

Since the outbreak of COVID-19, contactless payments have soared and digital banking adoption has increased dramatically. In Q1 2020, MasterCard

Read More

China’s 10 Most Valuable Fintech Companies

China’s ten most valuable fintech companies are worth a combined of nearly US$500 billion, according to a new report by

Read More

Hong Kong Fintech Hub Cyberport Doubles Down on Blockchain Commitment

Hong Kong leading digital tech park Cyberport is doubling down on blockchain commitment, multiplying initiatives to support promising startups and

Read More

Hong Kong Fintech Week 2020 Closes on a High Note With 1.2 Million Viewers

The Hong Kong FinTech Week 2020 came to a close last Friday on the 6th November with reportedly 1.2 million

Read More

Fintech Top Articles

Meet Hong Kong’s 8 New Virtual Banks

UPDATE: Four of Hong Kong virtual banks have since launched, check out our latest article to find out the progress

Read More

Crowdfunding Fails To Take Off In Hong Kong

In recent years, crowdfunding has emerged as a popular way for individuals, startups and businesses to raise funding from a

Read More

Citi Launches Live Chat to Service Hong Kong’s 1 Million Millionaires

Citi Hong Kong has launched Citi Live Chat, which enables the bank’s relationship managers to interact with their Citigold Private

Read More

Robo-Advisor AQUMON, a HKUST Incubatee Receives yet Another Round of Funding

Designed by Magnum Research, Aqumon is a robo advisory service aimed at making wealth management more accessible to the Hong

Read More

How Does Hong Kong’s Digital Lending Scene Compare to The Disaster in China

P2P lending and digital lending has been on the rise lately, with many countries moving to regulate the space. Conventional

Read More

Ant Financial to Share Full Suite of AI Capabilities with Asset Management Companies

At Financial announced that the Company will share a full suite of AI capabilities with asset management companies in China

Read More

Fintech in Hong Kong 2017 Startup and Ecosystem Report and Infographic

With over a hundred fintech ventures and more than 35 investors and accelerator programs, Hong Kong’s fintech ecosystem is growing

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

Read More

Fintech Map Japan

Japan has the world’s third-largest economy and has always been associated with the high technological developments. As the country looks

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

Read More

Wolters Kluwer Bags ZA Bank as a Customer for Its Regtech Solutions

ZA Bank, the first virtual bank in Hong Kong, has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting as its regulatory

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

Read More

Neat Snubs Virtual Banking License and Picks Up The Money Lender License Instead

The fintech startup Neat, a digital banking alternative, has been granted a Money Lender’s License in Hong Kong, which marks

Read More

Top 50 Digital Only Banks Ranking 2017

The Financial IT magazine unveiled the Digital Only Bank Ranking in their latest special magazine for Sibos & Money 20/20. They

Read More

Top 12 Fintech Startups in Hong Kong

Hong Kong’s long-established financial center, burgeoning startup scene and developed business center connecting Mainland China with global markets, have made

Read More