Fintech News Hong Kong
livi Bank Rolls Out In-App Travel Insurance Offering
Hong Kong’s digital bank livi bank announced the launch of its travel insurance offering, first general insurance product, in time
Read More
BIS: World’s First CBDC Pilot With Four Countries Is Completed
The Bank for International Settlements – BIS Innovation Hub Hong Kong Centre, Hong Kong Monetary Authority, Bank of Thailand, People’s
Read More
Four Asian E-wallets Expand to South Korea Through Alipay+
Ant Group announced that Alipay+ will be integrated into Asian e-wallets AlipayHK, the Philippines’ GCash, Malaysia’s Touch ‘n Go, and Thailand’s
Read More
Tokyo and New York Bourses Sign Agreement to Support Cross-Border Investment
Tokyo Stock Exchange (TSE) and the New York Stock Exchange (NYSE) announced a new agreement to support cross-border investment between
Read More
Animoca Brands Raises US$38M From True Global Ventures, Appoints New CFO
True Global Ventures 4 Plus Fund and Follow On Fund (TGV 4 Plus FoF) has invested US$38 million in Animoca
Read More
WeLab and Astra Finalises 99% Stake Acquisition in Indonesia’s Bank Jasa Jakarta
Hong Kong digital bank WeLab and Indonesian conglomerate Astra International have completed their acquisition of commercial bank Bank Jasa Jakarta
Read More
BIS, HKMA to Explore Use of DeFi Tools to Improve SME Financing
The BIS Innovation Hub’s Hong Kong Centre and the Hong Kong Monetary Authority (HKMA) will look into the use of
Read More
Data Enrichment Key to Enhancing Accuracy of AI Models in Fintech
Data enrichment, the process of enhancing internal data with relevant, contextual data obtained from external sources, is critical for financial
Read More
Top 10 Investors Supporting Hong Kong’s Fintech Scene in 2022
With a strong capital pool and supportive government-led policies, Hong Kong has offered a solid foundation for companies to innovate,
Read More
HKMA’s Faster Payment System Sees Steady Growth With 10.9 Million Users
The Hong Kong Monetary Authority (HKMA) announced during the fourth anniversary of its Faster Payment System (FPS) that the service
Read More
HashKey Capital Limited Gets SFC Approval to Manage 100% Virtual Asset Portfolio
HashKey Group’s crypto fund HashKey Capital Limited has been granted an uplift of its Type 9 asset management license by
Read More
Ant Insurance Launches China’s First Digital Operation Platform for Insurance Companies
Ant Group‘s online insurance agency platform Ant Insurance has launched digital operation platform Xingyun (translated as nebula) for insurance companies
Read More
Hex Trust Adds Fintech Veteran Henri Arslanian to Its Advisory Board
Hex Trust, a digital asset custodian which is fully licensed in Hong Kong and Singapore, announced that Henri Arslanian has
Read More
How Indonesia’s BNPL Giant Leverages Data Science to Drive Innovation
Data science and machine learning are some of the most complex yet important business concepts today. And many companies, irrespective
Read More
Chubb Life Hong Kong Names Belinda Au as President
Chubb, a global provider of insurance products, announced that Belinda Au has been appointed President of Chubb Life Hong Kong,
Read More
Talent and Funding Identified as Most Pressing Issues for HK Fintech Companies
In Hong Kong, skills shortages and challenges in securing investment have been identified as the top two most pressing issues
Read More
Airwallex Pledges Additional HK$2.25 Million to Support Hong Kong SMEs
Cross border payments firm Airwallex announced plans to provide further support for the city’s Small and Medium Enterprises (SMEs) and
Read More
Animoca Brands Japan Raises US$45 Million From Parent Firm and MUFG
Animoca Brands’ Japanese subsidiary announced that it has raised a total of US$45 million to increase the value and utility
Read More
StanChart Joins Chekk’s Multi-Million Dollar Funding Round
Standard Chartered’s innovation, fintech investment and ventures arm SC Ventures announced that it has invested funds in Chekk, a Hong
Read More
DBS Hong Kong Rolls Out Its One-Stop Digital Sustainability Platform “LiveBetter”
DBS Bank Hong Kong has introduced LiveBetter, a one-stop digital sustainability platform in its digibank app that encourages customers to
Read More
18 Fintechs Make APAC’s Top 100 Fastest Growing Tech Startups Ranking
A ranking of Asia Pacific (APAC)’s top 100 fastest growing technology startups has named 18 fintech companies among the region’s
Read More
ZA Bank Rolls Out Investment Fund Service
Hong Kong’s virtual bank ZA has officially launched its investment fund service where customers can build their fund portfolios based on
Read More
InvestHK and HKMA Launches a CBDC-Focused Vertical at the Global Fast Track 2022
Invest Hong Kong (InvestHK) and the Hong Kong Monetary Authority (HKMA) jointly announced the addition of the Central Bank Digital
Read More
Rise of Super-Apps Puts Pressure on Incumbents
In Asia, bigtechs and new digital banking challengers are rapidly gaining ground, forcing incumbent banks to rethink their business strategy
Read More
Temasek-Backed ShopBack Gears up for Hong Kong Launch
ShopBack, a Temasek-backed shopping and rewards platform, announced that it will be expanding its footprint to Hong Kong with a
Read More
4 Ways Alternative Data Is Improving Fintech Companies in APAC
Various categories of fintech firms – Buy Now, Pay Later (BNPL), digital lending, payments and collections – are increasingly leveraging
Read More
OSL’s Private STO Saw Participation from Animoca Brands
OSL Digital Securities Limited (OSL) announced it that it became the first Type 1 SFC-licensed digital asset broker to distribute
Read More
Airwallex Online Payments App Launches on E-commerce Platform Shopify
Cross border payments firm Airwallex announced the launch of its Airwallex Online Payments App on e-commerce platform Shopify. The Airwallex
Read More
Payment Managers Are Redefining Their Strategic Priorities for 2022
It is evident that digital acceleration is creating a new payments paradigm as corporate non-cash payments are forecasted to reach
Read More
HKMA, Bloomberg Launch Greater Bay Fintech Talent Initiative Supported by Major Banks
The Hong Kong Monetary Authority (HKMA), Bloomberg and the Hong Kong United Youth Association (HKUY) have partnered to launch the
Read MoreTOP PICKS
An Overview of Digital Wallets in Hong Kong in 2020
Hong Kong has been pushing for greater development and adoption of digital and mobile payments with the Hong Kong Monetary
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
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
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
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
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
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
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
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
Research Paper Examines the Impact of China’s New Regulatory Regime for P2P Lenders
China, the undisputed fintech leader, has seen its online lending market grow rapidly since the late 2000s, fueled by the high
Read More
Deliveroo Launches Deliveroo Links –A First-Of-Its-Kind Surplus Food Donation Campaign In Hong Kong
Deliveroo, a Hong Kong’s food delivery company, announces the launch of ‘Deliveroo Links’. This is a first-of-its-kind surplus food donation
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.
Read More
Local Virtual Bank Neat, Scores US$3 M Funding Led by Linear Capital
Hong Kong-based challenger bank Neat, announced a US$3 million funding round led by China-based VC Linear Capital, an early stage
Read More
Crushed By China’s P2P Crackdowns, Lufax’s Global Strategy Is Now Robo-Advisors
Just in March, Lufax had big aspirations towards launching an IPO that they hoped would raise its valuation to USD60
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
Hong Kong Gets Its First Equity Crowdfunding Platform, Well Kinda
Earlier this week, South Morning China Post reported that Hong Kong’s Securities and Futures Commission has issued its first equity
Read More
How WeChat Pay Determines If You Are Trustworthy With Their Credit Score
WeChat Pay, Tencent’s mobile payments system integrated into the WeChat super-app, has told its users that it will be giving
Read More
South Korea’s Rapidly Growing P2P Lending Industry Faces Scrutiny
With a mushrooming delinquency rate and investment fraud allegations, South Korea’s rapidly growing peer-to-peer (P2P) lending industry has come under
Read More