Posts From Fintech News Hong Kong

SFC Issues Approval to MaiCapital to Manage Funds With 100% Virtual Assets

MaiCapital, a licensed virtual assets manager, announced that it has secured approval from the Securities and Futures Commission of Hong Kong (SFC) to manage portfolios that may comprise up to 100% of virtual assets. The latest approval from the SFC

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OneDegree Partners With Munich Re to Launch a Digital Asset Insurance Product

Hong Kong insurer OneDegree announced that it has entered into a three-year strategic partnership with Munich Re to launch OneInfinity, a digital asset insurance product. OneInfinity is an insurance and technology product offering designed specifically for digital asset trading platforms,

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ZA Tech Acquires a Stake in Indonesia’s Aladin Bank

ZA Tech, the technology venture founded by ZhongAn Online and backed by Softbank’s Vision Fund 1, has acquired a stake in Aladin Bank, an Indonesia-based Sharia digital bank. Further details of the agreement was not disclosed. The investment will strengthen

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Hong Kong’s Former Financial Secretary John Tsang Joins StashAway as Its Advisor

Southeast Asian digital wealth manager StashAway announced that John Tsang Chun-wah, Hong Kong’s former Financial Secretary, has joined its advisory committee. Tsang was the longest-serving Financial Secretary as he held the role from 2007 until 2017. Tsang brings a wealth

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Airwallex Introduces Global Expenses Platform That Pairs With Its Multi-Currency Card

Global fintech platform Airwallex announced the launch of its global expenses platform that ties together with its virtual and physical multi-currency cards, both for corporates and employees. The new solution streamlines the expenses process through offering a single integrated platform

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Livi Bank Rolls Out Financing Products, Enables Account Opening for Mainland Visitors

Hong Kong’s virtual bank livi has unveiled new financing products that serve its customers’ financial needs both in their personal and business lives. The Franchise Financing Solutions offered by livi are tailored for individuals who enter into the SME sector in

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KPMG Releases China Top 100 Fintech Companies List of 2021

KPMG China has released its annual selection of the country’s top 100 fintech enterprises and emerging leaders. Like previous years, the 100 companies comprising the 2021 China Leading Fintech 50 and Future 50 selection were chosen by a committee of

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Here Are 11 Promising Hong Kong Startups Featured at the Asian Financial Forum

The 15th Asian Financial Forum (AFF) gathered around 100 startups from various tech and fintech sectors spanning from blockchain, wealthtech, regtech, AI, and more to showcase game changing solutions to address business pain points and to help corporates with their

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Choco Up Partners Airwallex to Power E-Commerce Merchants’ Global Expansion

Choco Up, a revenue-based financing and growth platform, has partnered with global fintech platform Airwallex to support the growth of cross-border e-commerce. Bringing together Airwallex’s global payment technology with Choco Up’s funding platform and analytics tools, this solution will serve

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Artificial Intelligence as a Catalyst to Accelerate Financial Inclusion

The use of Artificial Intelligence (AI) in financial services is all over the news, with some reports estimating it to be a US$450 billion opportunity. But what’s the real story around what AI can do? Beyond just automating certain processes, AI

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