Fintech News Hong Kong

China’s P2P Lending Sector Is Coming to an End

Every peer-to-peer (P2P) lending platforms in China must become small loan providers within two years, according to an official notice

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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

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KPMG Launches Blockchain Platform, KPMG Origins

KPMG in China, Australia and Japan today launched KPMG Origins, a blockchain-based “track and trace” platform to support industries including

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Q3 Fintech Funding Tops US$8.9B Driven by Mega-Rounds

Fintech funding topped US$8.9 billion in Q3’2019, driven by 19 mega-rounds of US$100 million+. This brings the total amount raised

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In Hong Kong, DBS Customers Can Open Their Wealth Account Using Only Their Smartphone

DBS Hong Kong has launched the first fully virtual wealth management account opening solution, allowing new customers to set up a

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After Hong Kong, Ant Financial is Now Eyeing Virtual Banking License in Singapore

Fresh off securing virtual banking license in Hong Kong, Ant Financial confirms that they are actively looking into pursuing virtual

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Deloitte Names Hong Kong’s Fastest-Growing and Most Promising Tech Companies

Deloitte has announced its selection of this year’s winners of the Hong Kong Technology Fast and Rising Star Program, which

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Challenger Bank Tandem Recruits Ex-HSBC Banker Ahead of its Hong Kong Launch

Tandem, a full-service digital bank in the UK, announced that they have appointed ex HSBC banker Kunal Malani as their

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Switzerland Showcases Excellence in Fintech with 10 Top Fintech Startups’ Roadshow in Hong Kong and Shenzhen

Venture Leaders Fintech 2019, a 6-day pitching and fundraising roadshow co-organized by Venturelab and swissnex China took place from November

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News Roundup: Hong Kong Fintech Week 2019, Product Launches and More

Last week, the Hong Kong Fintech Week returned for its annual week-long fintech gathering. The event, which brought together more

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The Winners of HKSTP’s EPiC Competition: Check Out Who Received HK$1 Million in Cash Prizes

Hong Kong Science and Technology Parks Corporation (HKSTP) concluded its annual Elevator Pitch Competition 2019 (EPiC), which saw 126  start-ups

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Hong Kong Fintech Week 2019 – Highlights Day 2

Virtual banks and insurtech in the spotlight, with a nod to sloths, elephants and mosquitoes Newly licensed virtual banks and

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34 Out 100 of The World’s Top Fintech Companies Are From Asia

34 companies from Asia have been named among this year’s top 100 global fintech innovators, according to H2 Ventures and

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Hong Kong Fintech Week 2019 – Highlights Day 1

Fintech Week sees significant HKMA and SFC regulatory announcements, while sync. wins FintechHK Global Competition. Digital trade finance platforms, digital

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A Master of Science in Fintech for Hong Kong

To step up efforts in cultivating a talent for Fintech in local students and to strengthen the links in corporate

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Tourist in China Can Finally Use Alipay, Here’s How

China’s leading mobile payments platform Alipay announced that its services are now finally available to international travelers in China. Tourists

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Banks in China Risk Losing US$60 Billion in Payments Revenue to Fintechs by 2025

As much as 13% of banks’ payments revenue in China, or US$61 billion, is likely to be displaced by the

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Understanding What’s Behind China’s Booming Insurtech Scene

In 2013, ZhongAn was established as the first online-only insurance company in China. Since then, the insurance industry has undergone

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President Xi Jinping Fuels China’s Renewed Appetite For Blockchain

China’s appetite for blockchain has surged after Chinese president Xi Jinping proclaimed the technology as an “important breakthrough” and said

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OpenLegacy Eyes Hong Kong Expansion After Raising US$ 50M

OpenLegacy a provider of microservices-based API integration and management for core and legacy systems, announced that it has raised a

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UnionPay Accounts for 45% of Payment Cards Globally

New research from RBR shows that there were 16 billion payment cards in circulation at the end of 2018, up

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How Hong Kong Ascended to Being Among The Best Fintech Hub in The World

Hong Kong has climbed its way to be shoulder to shoulder with some of the world’s best fintech hubs. The

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Quantifeed Launches Robo Advisor in Hong Kong with Everbright Sun Hung Kai

Quantifeed, a provider of digital wealth management solutions, has partnered with Everbright Sun Hung Kai to launch a robo-investment solution.

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Hong Kong Has Issued Regulations for Crypto-Assets — Here Are the Key Takeaways

The Securities and Futures Commission of Hong Kong (SFC) has issued regulations for fund managers investing in virtual assets, setting

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10 Reasons To Attend The Hong Kong FinTech Week 2019

The wait is over! You may now check out the full programme of Hong Kong FinTech Week’s main conference on

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Hong Kong’s AMTD May Apply for Virtual Banking License in Singapore

AMTD is reportedly keen to apply for Singapore’s virtual banking license. In an interview with local Singaporean media, its CEO

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What to Expect From Hong Kong Fintech Week 2019 — Asia’s Global Fintech Event

One of Asia’s largest fintech events the Hong Kong Fintech Week is returning from November 4 to 8. This year’s

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Fintech Top Articles

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

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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

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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

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Meet Hong Kong’s 8 New Virtual Banks

Hong Kong Monetary Authority (HKMA) has announced a grand total of eight virtual banking license recipients, in three separate announcements

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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

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The Case for Robo-Advisory and Digital Wealth

An April 2017 Burnmark report rexplored the tie-up between digital wealth and robo-advisory within the FinTech industry. With retail investors

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Regtech in Asia: an Overview

Regtech, or regulatory technology, is perceived as one of the hottest trends in the financial services industry for its potential

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The Peer To Peer Lending Industry In Hong Kong – High In Potential & Competition

Hong Kong is a well known financial centre in Asia which serves as a gateway to China. According to one

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10 Blockchain Books and Studies You Should Read

Blockchain has become a buzzword in the business world with firms from diverse and varied industries all looking to harness

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6 Hong Kong Crypto and Blockchain Platforms You Should Know

Over the past few years, the fintech industries of south and northeast Asian countries including Hong Kong, Singapore, and China

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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

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Who-Is-Who Of Hong Kong InsurTech

Thrilled to share with you our latest Asia Insurance-Tech (InsurTech) Directory, covering Hong Kong ecosystem. With this directory we aim

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