Posts From Fintech News Hong Kong
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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HSBC Partners Animoca Brands’ The Sandbox to Make Its Metaverse Debut
HSBC has partnered with The Sandbox, a decentralised gaming virtual world and subsidiary of Animoca Brands, to connect with an emerging generation of metaverse participants and entrepreneurs through immersive experiences. The bank said that it is acquiring a 3×3 LAND
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Hex Trust Closes US$88 Million Series B Co-led by Animoca Brands, Liberty City Ventures
Hex Trust, a digital asset custodian which is fully licensed in Hong Kong and Singapore, announced that it has closed its Series B funding round of US$88 million co-led by Animoca Brands and Liberty City Ventures. Hex Trust’s Series B includes
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ConsenSys Raises US$450 Million Series D From Temasek, SoftBank and Microsoft
Global blockchain software company ConsenSys announced the close of a US$450 million Series D financing round, bringing its valuation to over US$7 billion. ParaFi Capital led this raise after participating in ConsenSys’ Series C round in November 2021. New investors
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Asian Firms Are Quick to Embrace Zero Trust Security Framework, Okta Survey Says
Over the past year, organisations in Asia have embraced the zero trust security framework at a fast pace, recognising the need to upgrade their IT security strategy to address the ongoing digital shift, according to a new survey by Okta,
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Airwallex Supports Investment App Plum’s Cross-Border Payments and FX Needs
Global fintech platform Airwallex announced its partnership with London-based investing app Plum to support its cross-border payments and FX needs. Airwallex was chosen as Plum’s global payments and FX partner to support the launch of the latter’s new stock investing
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Unlocking APAC’s Cross-Border Commerce Opportunity with Embedded Payments
In Asia Pacific (APAC), the rapid development of cross-border e-commerce has fueled demand for cross-border payment capabilities and embedded financial solutions as small, online businesses embrace digital technologies to broaden their reach and go global, a recent report by Currencycloud shows. Embedded
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Overhaul Needed for BNPL as Losses Mount up to US$ 5.2 Billion in APAC
Despite phenomenal growth, current buy now, pay later (BNPL) models are showing to be rather unprofitable. Quinlan and Associates, an independent strategy consulting firm, estimates that in Asia-Pacific (APAC), the largest BNPL firms, including Australia’s Afterpay and Japan’s Paidy, are
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