Posts From Fintech News Hong Kong
Hong Kong’s SFC Supports Development of Voluntary ESG Code of Conduct
The Securities and Futures Commission (SFC) of Hong Kong said that it “supports and sponsors” the development of a voluntary code of conduct for environmental, social and governance (ESG) ratings and data products providers. The code of conduct will be
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HSBC Curates ‘Women in Tech Lounge’ at Hong Kong Fintech Week 2023
The Hong Kong Fintech Week (HKFW) 2023 will feature an inaugural Women in Tech Lounge, curated by HSBC. The lounge will serve as a unique space for students, senior technology leaders, and entrepreneurs to connect and share experiences. The goal
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Razer Merchant Services Partners Google Play and E.SUN Bank in Taiwan
Razer Merchant Services (RMS), the B2B arm of Razer Fintech, has announced a partnership with Google Play and E.SUN Bank to expand payment options in Taiwan. The collaboration will enable Google Play users in Taiwan to make payments using RMS’
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Hong Kong Wraps up First Phase of e-HKD Pilot Programme, Report Now Available
The Hong Kong Monetary Authority (HKMA) has published a report on the first phase of its e-HKD pilot programme which was first launched in November 2022. An e-HKD is a digital version of the Hong Kong dollar that is issued
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Saudi Arabia’s NEOM to Invest US$50 Million in Animoca Brands
Metaverse ecosystem builder Animoca Brands and Saudi Arabia’s NEOM Company have announced a strategic partnership to drive Web3.0 development in the region. NEOM is a special economic zone in the north west of the Kingdom of Saudi Arabia with more
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StanChart-Backed Zodia Custody Expands to Hong Kong
Zodia Custody, a digital asset custodian backed by Standard Chartered, SBI Holdings, and Northern Trust, will expand its footprint to Hong Kong. This is the company’s fourth major expansion in the Asia Pacific region this year, following launches in Japan,
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Why It Is Time to Give Payments a Seat at the Table for E-Commerce Growth
E-commerce has evolved significantly in the last few years, ushering in an era of connected payments. This era is characterised by the emergence of innovative payment types, cutting-edge payment infrastructure, and novel business models. A key symptom of the connected
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Over 45% of Individuals and 76% of SMEs in Hong Kong Have Virtual Bank Accounts
Virtual banks in Hong Kong have gained significant popularity in recent years, with over 45% of individuals and 76% of SMEs surveyed by the Hong Kong Association of Banks (HKAB) having an account. The survey also found that 30% of
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MUFG Launches Debt Fund for Japanese Investors to Lend to Overseas Startups
MUFG’s subsidiaries have established a debt fund framework for Japanese institutional investors to provide loans to overseas startups. The two subsidiaries are MUFG Bank and Mitsubishi UFJ Trust and Banking Corporation (MUTB). Japanese institutional investors will be able to participate
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Kakao-Backer Korea Investment Partners Close US$60M SE Asia-Focused Fund
Korea Investment Partners Southeast Asia (KIPSEA), a Singapore-based venture capital firm, has raised US$60 million for its first fund focused on Southeast Asia, according to TechCrunch. Investors Samsung Life Insurance, Korea Development Bank, Korea Growth Investment Corporation, Woomi Global, Mirana
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