Fintech News Hong Kong
SFC to Beef Up List of Suspicious Crypto Exchanges After JPEX Fiasco
Hong Kong’s Securities and Futures Commission (SFC) will publish the names of virtual asset trading platform’s (VATP) that have applied
Read More
HKMA Kicks off Green Fintech Competition
The Hong Kong Monetary Authority (HKMA) has announced the Green Fintech Competition. The competition is open to green fintech firms
Read More
HK Government, Central Bank Look to Issue More Tokenized Bonds
Building on their experience from Project Evergreen, the Hong Kong Monetary Authority (HKMA) and the government are planning to work
Read More
JPEX’s Ongoing Saga: Deregistration, Telecom Blocks, and Regulatory Disputes
Beleaguered crypto exchange JPEX has allegedly applied for deregistration with the Australian Securities and Investment Commission, according to Cointelegraph. JPEX
Read More
moomoo Kicks off Its Online Brokerage in Japan
Global investment and trading platform moomoo announced the launch of its online brokerage business in Japan on 19 September 2023.
Read More
Know Your Customer Now Available on Hong Kong’s Commercial Data Interchange
Know Your Customer, a regtech firm focused on business KYC verification, is now available on the Hong Kong Monetary Authority’s
Read More
Over 1,600 Investors Lost HK$1.2 Billion in JPEX Crypto Exchange Scam
More than 1,600 investors have fallen victim to crypto exchange JPEX‘s scam in Hong Kong, with losses totaling HK$1.2 billion
Read More
JPEX Crypto Exchange Accuses SFC of Unfair Treatment as Police Arrest Six
Six people have been arrested in Hong Kong as part of an investigation into suspected fraud involving the cryptocurrency exchange
Read More
Hong Kong’s SFC Warns Investors Against Unregulated Crypto Exchange JPEX
Hong Kong’s Securities and Futures Commission (SFC) has warned investors against using the unregulated cryptocurrency exchange JPEX. The statement stressed
Read More
Beware of Crypto Firms Using the Word ‘Bank’, HKMA Cautions
The Hong Kong Monetary Authority (HKMA) has issued a warning to the public to be wary of crypto firms that
Read More
Hong Kong Digital Insurer Bowtie Bags US$34.9 Million in Series B2
Hong Kong’s virtual insurer Bowtie announced that it has raised a US$34.9 million Series B2 funding round led by main
Read More
HKMA’s Eddie Yue Appointed to Key Role at BIS
The Hong Kong Monetary Authority’s (HKMA) Chief Executive Eddie Yue was appointed Chair of the meeting of Governors of major
Read More
Japan Government Pushes for Fintech Development
Despite having a rich history of financial innovation, Japan has remained a relatively cash-based society, lagging well behind neighbouring countries
Read More
BIS, Hong Kong and Israel Release Report on Secure Retail CBDCs
The Hong Kong and Israel central banks along with the Bank for International Settlements Innovation Hub (BISIH) Hong Kong Centre
Read More
Ant Group CEO Eric Jing Says Digital Yuan Could Bring ‘Huge Synergy Effects’
Fintech giant Ant Group‘s Chairman and CEO has Eric Jing has come forward to express his support for e-CNY, China’s
Read More
MUFG Sets up JPY 20 Billion Fund to Support Startups With Innovative Tech
Mitsubishi UFJ Financial Group (MUFG) and its subsidiary, Mitsubishi UFJ Innovation Partners (MUIP), have established a JPY 20 billion (US$136.4
Read More
Navigating the Challenges and Opportunities of Cross-Border Payments in APAC
In recent years, the payments industry has undergone a paradigm shift, altering the way consumers and businesses interact financially. According
Read More
Airwallex Launches New Campaign to Help Hong Kong Startups Go Global
Cross border payments firm Airwallex has announced the launch of a new business readiness campaign for Hong Kong startups. The
Read More
HKEX Opens New London Office to Expand Global Reach
The Hong Kong Exchanges and Clearing Limited (HKEX) has officially opened its new office in London, further extending its existing
Read More
The Opportunities and Challenges Facing E-Wallets in Hong Kong
Since their inception in 2016, Stored Value Facilities (SVFs) have rapidly expanded, with the market now served by an intriguing
Read More
Elevate Your Brand With the Future of Checkout Experiences
The global retail landscape is in the throes of a transformative phase, reshaping the very essence of the shopping experience.
Read More
HKMA’s Fintech Roadmap Propels Hong Kong Towards Future Financial Innovation
In recent years, the fintech landscape in Hong Kong has emerged as a transformative force, driving the evolution of the
Read More
SEBA Hong Kong Gets In-Principle Nod for Crypto Services
Crypto bank SEBA announced that its Hong Kong subsidiary has secured the in-principle approval from the Securities and Futures Commission
Read More
HashKey Exchange Has Gone Live With Crypto Trading Platform
HashKey Exchange, one of Hong Kong’s licensed retail virtual asset exchange, announced that it has officially gone live on 28
Read More
HKEX Makes Two Senior Appointments
The Hong Kong Exchanges and Clearing Limited (HKEX) has named John Hsu as Managing Director and Group CTO. He will
Read More
S. Korea’s MOIN Partners Currencycloud to Enhance Cross-Border Payments
Currencycloud, a provider of B2B embedded cross-border solutions, and South Korean cross-border payment company MOIN join forces to make cross-border
Read More
Hong Kong’s Insurance Authority Reappoints Clement Cheung as CEO
Clement Cheung Wan-ching has been reappointed as the Chief Executive Officer (CEO) of the Insurance Authority (IA) for a three
Read More
DBS Now Largest Foreign Bank in Taiwan After Finalising Citi Acquisition
DBS Bank has wrapped up it acquisition of Citi Consumer Taiwan, positioning itself as the largest foreign bank by assets
Read More
Hong Kong Adopts ChatGPT Founder’s Worldcoin Amid Controversy
In 2021, the world was introduced to Worldcoin, a cryptocurrency project created by Sam Altman, the creator of ChatGPT. Worldcoin’s
Read More
HKVAX Gets In-Principle Approval for Crypto Services in Hong Kong
The Securities and Futures Commission (SFC) has issued an in-principle approval to the Hong Kong Virtual Asset Exchange (HKVAX). This
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
HKMA Moves to Plug the Regtech Talent Gap to Promote Adoption
A recent report commissioned by the Hong Kong Monetary Authority (HKMA) had highlighted a series of recommendations to promote the
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