Fintech News Hong Kong
The InsureTech Connect Asia 2022 Is Back for Its 3-Day Physical Event
InsureTech Connect Asia (ITC Asia) will be hosting the first 3-day in-person event since the pandemic from 7 – 9
Read MoreHong Kong Households Continue to Bear the Brunt of COVID-19 Economic Consequences
In Hong Kong, the COVID-19 pandemic continues to take a toll on people’s financial health as family members from low-income
Read MoreWho Are Hong Kong’s Most Active Fintech & Blockchain Investors?
Hong Kong, a global financial hub, is home to a burgeoning fintech industry, a sector that’s risen on the back
Read MoreUsing E-Signatures to Ensure Business Continuity in an Increasingly Digital World
The COVID-19 pandemic has accelerated the trend towards digitisation. Suddenly, government agencies, organisations, and businesses of every industry have been
Read MoreWeBank Launches Its New Brand “WeBank Blockchain” to Focus On ESG
WeBank, a digital-only bank in China, launched its new brand “WeBank Blockchain” which will be focused on building trusted ESG
Read MoreHKMA Seeks Public Feedback for Its Retail Digital Currency Research
The Hong Kong Monetary Authority (HKMA) has issued a discussion paper titled “e-HKD: A policy and design perspective”, inviting views
Read MoreDigital Insurer Blue Launches Group Medical Insurance Plan Designed for SMEs
Hong Kong’s digital insurer Blue announced the launch of its “WeMedi Group Medical Protector”, a group medical insurance plan designed
Read MoreStanChart Hong Kong Partners With The Sandbox to Explore the Metaverse
Standard Chartered (Hong Kong) announced a new partnership with The Sandbox, a decentralised gaming virtual world, to create innovative experiences
Read MoreTop 5 Most Well-Funded Fintech Companies in Hong Kong
Home to over 600 fintech companies, Hong Kong is an international fintech hub characterized by a diverse, resilient, and dynamic landscape that’s
Read MoreWeLab Bank Granted License to Offer Digital Wealth Advisory Services
Virtual bank WeLab has been granted a license from the Hong Kong Securities and Futures Commission (HKSFC) to offer digital
Read MoreLivi Bank Now Offers Instant Personal Loans up to HK$1 Million
Hong Kong’s virtual bank livi announced that it has launched its personal loan offering from HK$10,000 up to HK$1,000,000. The
Read MoreLINE Bank Taiwan Clocks More That 1 Million Users Within First Year of Launch
LINE Bank Taiwan announced that it has already exceeded 1.1 million customers in the first year of its operations. The
Read MoreWhy Brands, Bigtechs, Fintechs and Banks Are All Taking Notice of Banking as a Service
The Asia Pacific region is leading the way in a revolution that is changing the way consumers interact with financial
Read MoreLINE Launches NFT Marketplace in Japan
LVC Corporation, the operator of LINE’s crypto asset and blockchain businesses, announced that it has launched a non-fungible token (NFT)
Read MoreOneDegree Partners With Munich Re to Launch a Digital Asset Insurance Product
Hong Kong insurer OneDegree announced that it has entered into a three-year strategic partnership with Munich Re to launch OneInfinity,
Read MoreZA Tech Acquires a Stake in Indonesia’s Aladin Bank
ZA Tech, the technology venture founded by ZhongAn Online and backed by Softbank’s Vision Fund 1, has acquired a stake
Read MoreHong Kong’s Former Financial Secretary John Tsang Joins StashAway as Its Advisor
Southeast Asian digital wealth manager StashAway announced that John Tsang Chun-wah, Hong Kong’s former Financial Secretary, has joined its advisory
Read MoreAirwallex Introduces Global Expenses Platform That Pairs With Its Multi-Currency Card
Global fintech platform Airwallex announced the launch of its global expenses platform that ties together with its virtual and physical
Read MoreLivi Bank Rolls Out Financing Products, Enables Account Opening for Mainland Visitors
Hong Kong’s virtual bank livi has unveiled new financing products that serve its customers’ financial needs both in their personal
Read MoreWhy We Should Eliminate Passwords as Passwordless Authentication Is the Future
The computer password has been around for more than 6 decades. The first password can be traced back to 1961
Read MoreKPMG Releases China Top 100 Fintech Companies List of 2021
KPMG China has released its annual selection of the country’s top 100 fintech enterprises and emerging leaders. Like previous years,
Read MoreHere Are 11 Promising Hong Kong Startups Featured at the Asian Financial Forum
The 15th Asian Financial Forum (AFF) gathered around 100 startups from various tech and fintech sectors spanning from blockchain, wealthtech,
Read MoreChoco Up Partners Airwallex to Power E-Commerce Merchants’ Global Expansion
Choco Up, a revenue-based financing and growth platform, has partnered with global fintech platform Airwallex to support the growth of
Read MoreArtificial Intelligence as a Catalyst to Accelerate Financial Inclusion
The use of Artificial Intelligence (AI) in financial services is all over the news, with some reports estimating it to
Read MoreHSBC Partners Animoca Brands’ The Sandbox to Make Its Metaverse Debut
HSBC has partnered with The Sandbox, a decentralised gaming virtual world and subsidiary of Animoca Brands, to connect with an
Read MoreHex Trust Closes US$88 Million Series B Co-led by Animoca Brands, Liberty City Ventures
Hex Trust, a digital asset custodian which is fully licensed in Hong Kong and Singapore, announced that it has closed
Read MoreConsenSys Raises US$450 Million Series D From Temasek, SoftBank and Microsoft
Global blockchain software company ConsenSys announced the close of a US$450 million Series D financing round, bringing its valuation to
Read MoreAsian Firms Are Quick to Embrace Zero Trust Security Framework, Okta Survey Says
Over the past year, organisations in Asia have embraced the zero trust security framework at a fast pace, recognising the
Read MoreAirwallex Supports Investment App Plum’s Cross-Border Payments and FX Needs
Global fintech platform Airwallex announced its partnership with London-based investing app Plum to support its cross-border payments and FX needs.
Read MoreUnlocking APAC’s Cross-Border Commerce Opportunity with Embedded Payments
In Asia Pacific (APAC), the rapid development of cross-border e-commerce has fueled demand for cross-border payment capabilities and embedded financial
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 MoreFintech 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 MoreHow 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 MoreCrowdfunding 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 MoreCiti 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 MoreAnt 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 MoreLocal 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 MoreRobo-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 MoreSofi 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 MoreFintech 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 MoreResearch 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 MoreDeliveroo 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 MoreChinese 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 MoreLocal 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 MoreCrushed 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 MoreA 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 MoreHong 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 MoreHow 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 MoreSouth 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
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