ZA Bank has exceeded one million users as of the first half of 2025, marking a notable milestone in Hong Kong’s digital banking sector.
Since its launch in 2020, the bank has maintained steady growth and a leading position among local digital banks.
ZA Bank CEO Calvin Ng said,
“We remain committed to delivering innovative, secure, and user-centric banking services. Looking ahead, we will continue to drive product-led growth with a focus on wealth management and diversified asset allocation. At the same time, we are actively exploring digital asset use cases, as we work towards becoming the digital wealth management partner of choice for our users.”
In the first half of 2025, total customer deposits reached HKD 21.1 billion, up 8.8% year-on-year. Card transactions increased by 33% year-on-year, above the market average, indicating strong user engagement.
International financial services also expanded, with total transaction amounts, including remittance and foreign exchange, growing by 132% compared with the previous year.
ZA Bank’s investment offerings include funds, equities, and crypto trading.
In the first half of 2025, total assets under wealth management grew by more than 125% year-on-year.
The bank plans to broaden its crypto asset options and introduce Hong Kong stock trading within the year, aiming to provide a comprehensive digital investment platform.
The bank continues to develop its business banking services while supporting Hong Kong’s virtual asset sector.
It serves most of the city’s licensed Virtual Asset Trading Platforms and is expanding stablecoin custody services.
The number of Web3 business banking clients doubled year-on-year, reflecting growing demand for digital asset banking infrastructure.
ZA Bank is also applying AI to operations, including fraud detection, risk alerts, and workflow automation.
Combined with its anti-fraud engine and dual-cloud architecture, these tools enhance risk management, improve service reliability, and strengthen operational efficiency.
Featured image credit: ZA Bank
