Posts From Fintech News Hong Kong
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
Read More
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
Read More
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
Read More
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
Read More
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
Read More
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,”
Read More
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
Read More
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
Read More
Virtual Bank Airstar Names Ronald Iu as Its New Chief Executive
Airstar Bank, one of Hong Kong’s new virtual banks, announced the appointment of Ronald Iu as the new Chief Executive, succeeding Dr. Frederic Lau. Airstar Bank has also appointed Dr. Frederic Lau as an advisor of the bank and he
Read More
American Express Launched its First Prepaid Card in Hong Kong with 33 Finance
Hong Kong-based 33 Finance, which provides international prepaid card issuance services, has partnered with American Express to launch the 33 Finance American Express® Prepaid Card in Hong Kong. As American Express’ first prepaid card in Hong Kong, the product is
Read More