Posts From Fintech News Hong Kong

Rapyd Expands Payment Capabilities to South Korea

Rapyd, a Fintech-as-a-Service company, has expanded its all-in-one payment capabilities in South Korea, its sixth global market. The expansion of the Rapyd Global Payments Network first took place in Singapore in November 2019, followed by Brazil in March 2020, the

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5 Reasons Why Hong Kong Fintech Week 2020 Is a Must-Attend Event of the Year

Working over the last eight months with FinTech leaders and experts, together with global software engineers, computer graphic designers, digital artists, event and media professionals, Hong Kong FinTech Week (HKFW) will attract over 25,000 attendees from over 70 economies and

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Block AdVenture: Cyberport Launches Blockchain Accelerator

Cyberport has launched a blockchain accelerator programme called Block AdVenture in partnership with R3 and fintech incubator FORMS HK. Blockchain is one of the key technology clusters promoted by Cyberport. Through Block AdVenture, local startups will be equipped with a

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Robo-Advisor AQUMON Bags US$30 Million in Fundraising Round

Robo-advisor AQUMON, developed by Magnum Research, announced that it has closed its Series Pre-B round of funding with a total investment of US$ 30 million (HKD 233 million). AQUMON will use the funding to strengthen its brand awareness in the

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WeLab Bank Goes Live With Temenos’ Multi-Cloud Solution

Temenos, the banking software company, announced that WeLab Bank, Hong Kong-based virtual bank, has publicly launched using cloud-native Temenos Transact to provide a range of next generation digital services for their customers. Designed, built and launched in less than 10

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Tencent’s WeBank App Now Accessible for Visually Impaired Users in China

Tencent’s WeBank, a digital-only bank in China, announced that has enabled accessibility features on its app to ensure visually impaired Chinese citizens can easily access its banking services in conjunction with the White Cane Safety Day on 15 October. According

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Cyberport’s Flagship VC Event Returns to Guide Investors and Entrepreneurs

Cyberport Venture Capital Forum (CVCF), Cyberport’s annual tech investment event, will return on 3-4 November and will be held in a virtual and interactive format for the first time. This year’s event will cover how the tech venture ecosystem has

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Open Banking Development Stalls in Hong Kong

More than two years after the Hong Kong Monetary Authority (HKMA) issued the Open API Framework for the Hong Kong Banking Sector, development of open banking is stalling as the industry “is clouded by uncertainty on data and privacy governance,”

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Hong Kongers’ Want Personalised Wealth Management Says Quantifeed Report

Hong Kong investors show a growing preference for trusted and personalised wealth management solutions amid the pandemic, according to a new report released by Quantifeed, a provider of digital wealth management solutions. The report, “State of Wealthcare – Disconnects Between

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Redefining Finance for Good: HK’s Chong Hing Bank Sees Digital Shift for Older Customers

Around the world, the COVID-19 crisis has forced banks and their customers to turn to digital tools and processes to compensate for branch and office closures. Many industry participants believe that the digital acceleration taking place today will have a

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