Mox has officially launched to the general public in Hong Kong. Mox is the virtual bank created by Standard Chartered in partnership with PCCW, HKT and Trip.com, which provides its suite of fully digital retail banking services over its app.

The virtual bank had a brand launch back in March this year followed by an external pilot where a handful of select customers were invited to use its banking services to help them refine their offerings before the official launch.

Deniz Güven, CEO of Mox, said:

“We are so excited to welcome everyone in Hong Kong to Mox. We designed our bank around the fact that every day and every moment count for people in Hong Kong. We want to help you to make the most of today and plan for tomorrow at the same time. We believe every day is a day for progress, and every day counts when you’re with Mox.”

Some of the services by the virtual bank is a savings feature where customers can set up sub-accounts called Goals, name them as they like, personalise them with an image and track their progress in real time. It has tools such as the Savings Calculator that can help automate customer’s savings, and help them build towards their targets with insights and information.

Mox had launched its numberless bank card to further enhance privacy and security for its customers. It also supports both Apple Pay and Google Pay, for a fast and simple way to pay online, in-apps and in-stores.

The virtual bank is among the eight entities that were granted a virtual banking license last year by the Hong Kong Monetary Authority.