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    Hong Kong Virtual Banking

    Hong Kong’s Digital Banks Will Operate at a Loss for at Least the Next 2 Years

    By Fintech News Hong KongSeptember 8, 2021

    Despite advantages including cheaper operational costs and backing from tech firms with deep pockets, Hong Kong’s digital banks will face…

    Events

    RISE Conference Will Return to Hong Kong in 2022!

    By Fintech News Hong KongSeptember 8, 2021

    Web Summit, the company behind RISE, announced that the tech event will be returning to Hong Kong on 14th to…

    Korea

    17 South-Korean Fintech Startups Graduates F10’s Accelerator Programme

    By Fintech News Hong KongSeptember 6, 2021

    In the virtual Demo Day held on September 2nd 2021, 17 teams from South Korea have successfully completed F10’s intensive…

    Cloud Financial Inclusion

    Huawei Eyes APAC Fintech, E-Commerce Startups with New US$100M Commitment

    By Fintech News Hong KongSeptember 3, 2021

    Over the next three years, Huawei will be committing US$100 million into its Spark program in Asia Pacific (APAC), a…

    Blockchain/Bitcoin China

    ADDX Secures US$200 Million Allocation From China’s Offshore Investment Scheme

    By Fintech News Hong KongSeptember 2, 2021

    ADDX, a Singaporean digital securities exchange formerly known as iSTOX, expects to enlarge its business in China after with a…

    China E-Commerce Payments

    Stripe Deepens Partnership With UnionPay to Tap Into China’s Consumer Market

    By Fintech News Hong KongSeptember 1, 2021

    Payment infrastructure provider Stripe has deepened its partnership with China’s UnionPay International to widen its access to the booming global…

    Funding InsurTech

    Pet Insurer OneDegree Raises US$28 Million to Expand Across Five Continents

    By Fintech News Hong KongAugust 30, 2021

    OneDegree, a Hong Kong-based insurtech startup under the Cyberport Incubation Programme, announced that it has raised US$28 million in a…

    Funding

    Cyberport Approves HK$10 Million for 93 Fintechs Through Its Subsidy Scheme

    By Fintech News Hong KongAugust 27, 2021

    Hong Kong digital tech park Cyberport announced that it has approved a total grant of HK$10 million for 93 projects…

    Remittance

    Airwallex Expands Its Footprint to the US

    By Fintech News Hong KongAugust 26, 2021

    Airwallex, a cross border payment company, announced its official launch in the US as it continues its international growth momentum.…

    Blockchain/Bitcoin

    BIS, HKMA Explores Use of Tokenised Green Bonds in Sustainable Investment Push

    By Fintech News Hong KongAugust 25, 2021

    The Bank for International Settlements (BIS) Innovation Hub Hong Kong Centre and the Hong Kong Monetary Authority (HKMA) will be…

    Funding

    ESG Data Firm MioTech Raises Undisclosed Funding From Singapore’s GIC

    By Fintech News Hong KongAugust 25, 2021

    MioTech, a Hong Kong-based sustainability data and solutions provider, has raised an undisclosed sum from Guotai Junan International and GIC…

    Blockchain/Bitcoin

    Lega Serie A Chooses Crypto.com as Its Innovation and Tech Partner

    By Fintech News Hong KongAugust 23, 2021

    Hong Kong-based cryptocurrency platform Crypto.com will become the first innovation and technology partner of the Italian Professional Football League known…

    Blockchain/Bitcoin Japan

    Coinbase Inks Deal With MUFG To Set Up a Crypto Exchange in Japan

    By Fintech News Hong KongAugust 20, 2021

    US cryptocurrency exchange Coinbase has signed a deal with banking giant Mitsubishi UFJ Financial Group (MUFG) to begin digital asset…

    Blockchain/Bitcoin

    Philippines’ Unionbank Partners Hex Trust to Pilot Its Digital Asset Custody Service

    By Fintech News Hong KongAugust 18, 2021

    The Union Bank of the Philippines (UnionBank) has partnered with digital asset custodian Hex Trust to pilot its digital asset…

    Lending Virtual Banking

    ZA Bank Rolls Out Interest-Free Payday Loans for Beta Users

    By Fintech News Hong KongAugust 17, 2021

    Hong Kong’s virtual bank ZA Bank announced the launch of “Salary FastPass”, an interest-free early payday product in Asia that…

    Events Hong Kong

    6 Upcoming Fintech Online and Hybrid Events in Hong Kong

    By Fintech News Hong KongAugust 16, 2021

    Earlier this month, the Hong Kong government extended to social distancing measures in place for 14 more days starting August…

    Blockchain/Bitcoin China

    Despite Crackdowns, China Remains One of the World’s Top Crypto Market

    By Fintech News Hong KongAugust 13, 2021

    Despite crackdowns on cryptocurrency trading and mining, China remains one of the most active cryptocurrency markets in the world, according…

    Funding Remittance

    Cross-Border Payments Firm Currenxie Pulls in US$10 Million From Series A Fundraise

    By Fintech News Hong KongAugust 12, 2021

    Currenxie, a Hong Kong-headquartered cross-border payments company, announced that it has successfully closed a US$10 million Series A funding round…

    Blockchain/Bitcoin China Trade Finance

    BBVA Signs Deal To Join Ant Group’s Blockchain-Based Trading Platform Trusple

    By Fintech News Hong KongAugust 11, 2021

    BBVA has signed an agreement to integrate its cross-border payment and financing services on Trusple, a blockchain-based trading platform powered…

    Lending Virtual Banking

    Airstar Bank Expands Its Banking Services for SMEs With Loan Offering

    By Fintech News Hong KongAugust 5, 2021

    Xiaomi and AMTD’s virtual bank Airstar has launched another stage of its pilot trial which features the SME Easy Pay…

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