Posts From Fintech News Hong Kong
Livi Bank Now Offers Instant Personal Loans up to HK$1 Million
Hong Kong’s virtual bank livi announced that it has launched its personal loan offering from HK$10,000 up to HK$1,000,000. The livi Flexi Loan is fully automated and available 24/7 where approvals reportedly takes about 2 minutes after which the funds
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LINE Bank Taiwan Clocks More Than 1 Million Users Within First Year of Launch
LINE Bank Taiwan announced that it has already exceeded 1.1 million customers in the first year of its operations. The neobank was among the three entities to receive a virtual banking license from Taiwan’s Financial Supervisory Commission in June 2019.
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LINE Launches NFT Marketplace in Japan
LVC Corporation, the operator of LINE’s crypto asset and blockchain businesses, announced that it has launched a non-fungible token (NFT) marketplace available only in Japan called LINE NFT. From today onwards, the marketplace will offer around 40,000 NFT products for
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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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