Posts From Fintech News Hong Kong
Cyberport Venture Capital Forum to Kick off in a Hybrid Format This Year
The Cyberport Venture Capital Forum (CVCF) will be held on 27-28 October in hybrid format again, with the theme of “Thriving in the Dynamic: Refocusing for Growth”. Cyberport, as the digital technology flagship of Hong Kong, is dedicated to facilitating
Read More
Hong Kong’s Chat Management Platform imBee Raises US$5 Million Series A
imBee, a Hong Kong-headquartered chat management platform, announced that it has raised US$5 million in Series A funding led by global venture capital firm DCM. The company said that it will use the funds to advance its platform offerings, go
Read More
Ping An Ranks First Among Chinese Finance Companies on Forbes’ List
Ping An Insurance Group ranked first among China’s financial companies and 5th among global insurance companies on the Forbes’ World’s Best Employers 2022. The group was 8th among all Chinese companies on the list and 211th in the world overall.
Read More
Hong Kong Sets up Repository for Sustainable Finance Internships
The Green and Sustainable Finance Cross-Agency Steering Group has launched an internship for Hong Kong students as part of a collaborative effort to build capability for the industry. The steering group was established by the Hong Kong Monetary Authority (HKMA)
Read More
Airwallex Extends Series E With Additional US$100 Million Funding
Cross border payments firm Airwallex announced that it recently closed its Series E2 financing round with the same US$5.5 billion valuation, bringing its total funds raised to more than US$900 million. The fintech had managed to extend its Series E
Read More
Manulife Appoints New Chief Marketing and Experience Design Officer for Asia
Manulife announced the appointment of Harshal Shah as its new Chief Marketing and Experience Design Officer for Asia, effective 17 October 2022. He will also be a member of the company’s global leadership team. Harshal joins Manulife’s Asia Executive Division
Read More
Taiwan’s Digital Banks Will Struggle to Turn a Profit, Says Consulting Firm
Despite showing potential to address market needs and foster innovation in the banking sector, Taiwan’s new digital banks still have a long road ahead to reach profitability amid a saturated retail banking market and limitations in the services they are
Read More
YAS MicroInsurance Closes US$4.5 Million Pre-series A
YAS MicroInsurance, a blockchain based insurtech company, announced the completion of its US$4.5 million Pre-Series A funding round. led by Noria Capital, ZEMU VC and JKL Capital. Lead investor Noria Capital will also share its expertise in the Middle East
Read More
livi Bank Rolls Out In-App Travel Insurance Offering
Hong Kong’s digital bank livi bank announced the launch of its travel insurance offering, first general insurance product, in time for the relaxation of the quarantine rules in the country. The ‘Travel Now’ plan covers medical expenses, trip cancellations and
Read More
Hkma Announces Implementation Details of Pilot Scheme on Training Subsidy for Fintech Practitioners
The Hong Kong Monetary Authority (HKMA) announced the implementation details of the Pilot Scheme on Training Subsidy for Fintech Practitioners (the Scheme). In the 2022-23 Budget, the Financial Secretary announced plans to implement the Scheme this year, so that practitioners
Read More