Posts From Fintech News Hong Kong

Cyperport Features Seven Startups in Wealthtech Demo Day

Hong Kong digital tech park Cyberport had organised a two-day WealthTech Demo Day in partnership with the Chinese Financial Association of Hong Kong (HCFA) and the Hong Kong Securities and Investment Institute (HKSI Institute) on the 22nd and 23rd March

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6 Digital Wealth Management Trends in APAC

In Asia Pacific (APAC), digital wealth management is poised for strong growth. Driving this momentum is the region’s rapidly growing affluent and middle-class populations, the high levels of access to mobile technology, and rising demand for sophisticated-yet-easy-to-use digital wealth management

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Airwallex Now Valued at Over US$2 Billion with Latest US$ 100 Million Funding Round

Continuing the momentum of its hypergrowth in 2020, Airwallex today announced that the company’s valuation has increased to US$2.6 billion with a capital raising of US$100 million in a further Series D extension. Lifting Airwallex’s Series D funding to US$300

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Reports of the Death of Challenger Banks Are Greatly Exaggerated

Against the backdrop of the cacophony of noise and emerging trends in Asia, it’s difficult even for the keenest of observers to determine what trends will shape the future of fintech in Asia. On the 6th episode of Fintech Fireside

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Virtual Bank ZA Enters the SME Market

ZA Bank announced the launch of their business banking which they say leverages “ZME Revolving Loan”, an unsecured business revolving loan, to help small and medium-sized enterprises (SMEs) of various industries overcome business constraints. In their media statement, they said

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Accuity: Four Digital Payment Trends in 2021 for Banks and Payment Service Providers

We are experiencing more change in the payments space than we have over the past thirty years. This is an exciting time to be involved in payments. As we begin 2021, Accuity’s payments specialists look ahead to identify four digital payment

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Virtual Bank ZA Has Gained 300k Users Ahead of Its 1st Year Anniversary

ZA Bank, one of Hong Kong’s eight virtual banks, announced that it has now gained 300,000 users in time for its upcoming first year anniversary. ZA Bank was the first to have a soft launch of its virtual banking services

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ZA Tech Partners With Prudential’s Indonesian Joint Venture

ZA Tech, the technology venture founded by ZhongAn Online and backed by Softbank’s Vision Fund, has partnered with PFI Mega Life (PML), Prudential Financial Inc’s joint venture in Indonesia to promote financial inclusion in Southeast Asia. ZA Tech will leverage

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SFC-Licensed Crypto Trading Platform OSL Goes Live

OSL Digital Securities Limited (OSL DS), a SFC-licensed digital asset platform and member of BC Technology Group, announced that it has officially gone live with the execution of the first customer trades via its licensed trading desk. OSL DS holds

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Alibaba’s Ant Group Focuses Efforts To Be Carbon Neutral by 2030

Ant Group announced it will become carbon neutral by 2030, and pledged its support to bring down emissions through technological innovations, joining the urgent global efforts to curb climate change and its devastating effects. The company will also set up

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