Posts From Fintech News Hong Kong
Ant Financial Worth US$75B, Considers IPO in HK Next Year, All Facts you Have to Know about Alipay
Ant Financial, Alipay’s parent company and Alibaba’s financial-services affiliate, is said to be worth US$75 billion, according to Elinor Leung, the head of telecom and Internet research at CLSA in Hong Kong. According to a Bloomberg report, Leung estimates that
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Robo-Advisors Poised to Take Off in Singapore and Hong Kong
Automated investing services, also known as robo-advisors, are growing rapidly as they seek to provide customers with low-cost portfolios designed accordingly to each investor’s risk tolerance. According to Cerulli Associates, a financial services research firm, assets under management of robo-advisors
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The Missing Regtech Startups In Singapore & Hong Kong
Regtech might not be a familiar name to most people but it is an important component in the fintech space. Regtech stands for regulatory technology which exists to help financial institutions and other organizations comply with increasingly stringent compliance rules.
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WeLab Secures US$25 Million Credit Facility To Fuel Hong Kong Growth
WeLab, one of the fastest growing fintech companies in Greater China, has announced it has secured a credit facility of US$25 million from ING Bank. WeLab is the operator of Wolaidai (我来贷), one of China’s largest mobile lending platforms, and
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First 5 Licensed Players in Hong Kong Digital Payment Landscape
Hong Kong had granted Stored Value Facilities (SVF) Licenses to the first 5 batch of digital payment payment providers last month according to Startup Beat. This is in response to Payment Systems and Stored Value Facilities Ordinance which came into
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Hong Kong’s Top 11 Fintech Influencers
With financial services accounting for 16% of its GDP and employing 236,000 people, or 6% of total employment in Hong Kong, it comes with little surprise that the region has made fintech one of its top priorities. Hong Kong, one
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Fintech Regulation in Asia: How Singapore, HK, Korea, Japan, China, India Are Doing it
In 2015, Asia’s fintech startups attracted US$4.5 billion in venture capital funding through 130 deals, making the region the second biggest player in terms of venture capital following North America with US$7.7 billion through 378 deals. According to a report
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8 Fintech Startups Enter The FinTech Innovation Lab Asia-Pacific
The startups will undergo a 12-week mentorship programme led by senior financial executives in a series of workshops at the Hong Kong-based tech business park Cyberport to commercialise their products. 8 leading financial technology (fintech) companies today begin a 12-week mentorship
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Top 4 Mobile Payment Apps in Hong Kong
In contempt of the advanced banking systems and financial platforms offered by the city’s multi-billion dollar banks and financial institutions, a substantial portion of the Hong Kong population currently utilizes non-bank payment platforms and applications to send cross-border payments and
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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 have demonstrated rapid growth and development, creating some of the most established and innovative Crypto and blockchain startups in all
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