Posts From Fintech News Hong Kong
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
Read MoreHashKey Exchange and Purise Team Up to Offer Compliant Crypto Services
HashKey Exchange, one of the licensed crypto exchanges in Hong Kong, has partnered with Web3.0 data services provider Purise to offer compliant digital asset trading and data analytic services. Under the partnership, HashKey Exchange and Purise will work together on
Read MoreHong Kong Fintech Week 2023: What to Expect and Who to Meet
Hong Kong Fintech Week is returning this year from October 30 to November 05, 2023, promising a bigger than ever conference with exciting announcements, a showcase of Hong Kong’s most exciting fintech innovations and line-up of top experts and decision-makers.
Read MoreJETCO and Know Your Customer Streamline KYC/KYB for Hong Kong Financial Sector
Regtech company Know Your Customer has partnered with Joint Electronic Teller Services Limited (JETCO), a bank consortium, to give Hong Kong financial institutions faster access to official company data. This will help banks to streamline their know-your-customer (KYC) and know-your-business
Read MoreThunes and China Construction Bank Partner for Cross-Border Payments
Global cross-border payments infrastructure network Thunes and China Construction Bank (CCB) have announced a partnership to collaborate on cross-border payments. Thunes had recently opened a Beijing office in June 2023. The partnership will enable Thunes to support CCB in offering
Read MoreChinese Payments Firm Fuiou Pay Ties up With Visa Cross-Border Solutions
Shanghai-based global payment company Fuiou Pay has partnered with Visa Cross-Border Solutions to provide its China-based SME exporter clients with a comprehensive, secure cross-border funds collection and settlement solution. The Visa Cross-Border Solutions (VXBS) combines the best of Visa’s homegrown
Read MoreSFC and HKMA Update Virtual Asset Policy to Protect Investors
The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have updated their policy on virtual asset-related products (VA-related products) for intermediaries. These measures encompass selling restrictions where complex VA-related products will be restricted to professional investors,
Read MoreAirwallex Enters Mexico
Hong Kong based Airwallex, announced it has signed a definitive agreement to acquire MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) license-holder. The transaction is subject to regulatory approvals and customary closing conditions. This
Read MoreHKMA Establishes CBDC Expert Group with 5 Local Universities
The Hong Kong Monetary Authority (HKMA) has set up the Central Bank Digital Currency (CBDC) Expert Group to foster collaboration on CBDC research. They also partnered with five major universities in Hong Kong to be a part of the group.
Read MoreHere’s a Peek Into Cyberport’s Month-Long Web 3.0 Event Series
Cyberport, Hong Kong’s Web3.0 hub, is launching a series of Web 3.0 events called “Web3 Innovators Season” from October to November to deepen public awareness of the industry, foster exchange in the industry, and accelerate the development of the local
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