Posts From Fintech News Hong Kong

BMW Korea Launches Blockchain-Based Rewards Programme

BMW Korea announced that it will launch BMW Vantage, a blockchain-based rewards program before rolling it out for a global launch. BMW Vantage provides integrated services across lifestyles such as mobility, travel, culture, education, both online and offline through its

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What Happened to Fintech Hong Kong’s Previous Pick of the Hottest Fintech Startups?

End of 2018 we named the 19 fintech startups we believed were the hottest fintechs in Hong Kong. Fast forward 2 years, we look back at these fintech companies to see what they’ve been up to and have nominated 15

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15 Fintech Startups From Hong Kong to Watch Out for in 2021

Hong Kong is currently home to more than 600 fintech companies with 76% of them focusing on the business-to-business (B2B) market. These companies leverage technologies including big data, artificial intelligence (AI), blockchain, insurtech, regtech, credittech, and wealthtech to serve the

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10 Fintech Startups Selected for Accenture’s 2020 Innovation Lab Asia-Pacific

Ten fintech companies have been selected for the seventh annual FinTech Innovation Lab Asia-Pacific, a mentorship program created by Accenture that helps startups fine-tune their business plans and solutions by pairing them with mentors from leading financial institutions. This year’s

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Hong Kong’s EMQ Increases Remittance Transaction Value in Japan

EMQ, Hong Kong-based financial settlement network, announced the launch of its high transaction value cross-border settlements in Japan. This launch will enable global businesses to send a maximum of JPY30 million directly into local banks. This enhancement further expands their

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Taiwan’s First Virtual Banks: The Progress So Far

In July 2019, the Financial Supervisory Commission of Taiwan (FSC) gave its approval for the establishment of three virtual banks, though none of them have launched yet. Line Bank, a consortium led by Japan’s Line, was amongst the three companies

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South Korean Kakao Launches Global Blockchain-as-a-Service for Enterprises

Ground X, the blockchain affiliate of South Korean mobile platform Kakao, has launched its global Blockchain-as-a-Service (BaaS) to empower enterprises and developers to build and operate blockchain services. KAS, short for Klaytn API Service, is the Blockchain-as-a-Service to utilise Klaytn,

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Hong Kong Crypto Exchange to Start Trading on Nasdaq

Diginex, a Hong Kong-based digital assets financial services company, announced that it has started listing and trading on Nasdaq. The cryptocurrency exchange operator said that it had completed its business combination transaction with 8i Enterprises Acquisition Corp., a special purpose

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Robo-Advisors Poised for Growth in China

Though robo-advisors are relatively new in China, they are rapidly rising in popularity, with now roughly 38% of adult Internet users using automated, algorithm-driven financial planning services, according to 2020 survey from Kagan, a research division within S&P Global Market

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Ant Group Unveils Blockchain-Enabled Trading Platform for SMEs

Ant Group has unveiled Trusple, a blockchain based-platform powered by AntChain to help SMEs with cross-border trade. Trusple aims to make it easier and less costly for all participants, especially Small to Medium Enterprises (SMEs), to sell their products and

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