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    Various

    24 Fintech Unicorns Were Born in 2019

    By Fintech News Hong KongFebruary 27, 2020

    In 2019, a record of 24 fintech unicorns were born, with more than half of them (13) being from the…

    Blockchain/Bitcoin Taiwan

    CoolBitX Raises $16.75M In Series B Funding Led By SBI Holdings

    By Fintech News Hong KongFebruary 26, 2020

    CoolBitX, has successfully secured $16.75 million in a Series B funding round. According to their statement, the funding will help…

    Various

    Digital Assets Firm FinFabrik to Integrate Chekk’s KYC Solution

    By Fintech News Hong KongFebruary 19, 2020

    FinFabrik signed a Memorandum of Understanding (MOU) with Chekk to integrate Chekk’s KYC capabilities to its market infrastructure “CrossPool”, enabling…

    China

    Zinvest Financial Joins the Zero-Commission Crusade

    By Fintech News Hong KongFebruary 19, 2020

    Zinvest Financial (“Zinvest”), a SEC-registered investment adviser that offers advisory & trading resources to US-Asia investors, today announced its official…

    Blockchain/Bitcoin Taiwan

    A Mask Inventory System on Blockchain is Being Deployed to Fight Coronavirus in Taiwan

    By Company AnnouncementFebruary 15, 2020

    Taiwan’s concern in response to the 2019-nCoV Coronavirus outbreak has forced its local authorities to strictly ration the distribution of…

    Various

    HK-Based Fintech Awarded “Most Innovative” in Alibaba’s Global Pitch Competition

    By Fintech News Hong KongFebruary 14, 2020

    The Alibaba Entrepreneurs Fund/HSBC JUMPSTARTER 2020 Global Pitch Competition Grand Finale today announced the top five winners at the close…

    China

    Mastercard’s Entry into China Paints of Picture of China’s Market Liberalisation

    By Fintech News Hong KongFebruary 14, 2020

    Mastercard was granted preparatory approval from the People’s Bank of China (PBOC) to begin setting up a domestic bankcard clearing…

    China

    Easy Euro Raises US$ 4 Million to Provide Digital Banking Services to SMEs

    By Fintech News Hong KongFebruary 12, 2020

    EasyEuro a fintech startup that describes itself as a Paris and Shenzhen based company offering digital banking services to SME trading…

    Big Data Blockchain/Bitcoin China

    3 Ways China’s Bigtechs are Helping to Tackle the Coronavirus Crisis

    By Fintech News Hong KongFebruary 10, 2020

    In the midst of the global health crisis involving the novel coronavirus (2019 nCoV), China’s bigtechs including Tencent and Ant…

    Virtual Banking

    ZA Bank Picks Fiserv to Power its Cards Payments

    By Fintech News Hong KongFebruary 7, 2020

    Fiserv, a global tech vendor for financial services and ZA Bank the first virtual bank to soft launch in Hong Kong…

    Blockchain/Bitcoin

    HK-Based Crypto Startup Bitspark to Close its Doors Soon

    By Fintech News Hong KongFebruary 5, 2020

    In a blog post written by its founder George Harrap, Bitspark announced that it will be shutting down as of…

    Remittance

    WorldRemit Announces Global Remittance Partnership With Alipay

    By Company AnnouncementFebruary 5, 2020

    WorldRemit has announced a partnership with Alipay, enabling consumers to use the WorldRemit app or website for cross-border remittances to…

    Mobile Payment

    Airwallex Partners Visa to Launch its B2B Cards Payment Solution

    By Fintech News Hong KongFebruary 5, 2020

    Visa and Airwallex today announced a global partnership to launch Airwallex borderless Card, a B2B card-based solution to help business…

    China Mobile Payment

    China Releases Facial Recognition Payment Guidelines Amidst Growing Privacy Concerns

    By Fintech News Hong KongJanuary 30, 2020

    Amid growing adoption of facial recognition payments, the Payment & Clearing Association of China has released self-discipline guidelines aimed at…

    China

    Embedded Finance Crucial for Future of Fintech

    By Fintech News Hong KongJanuary 30, 2020

    Technology is transforming the banking and financial services industry and this is just the beginning. As the sector moves towards…

    Various

    How Hong Kong’s Financial Regulator is Doubling Down on Data Science

    By Fintech News Hong KongJanuary 28, 2020

    It’s evident to observers of the space that fintech has been one of Hong Kong Monetary Authority’s priorities in the…

    Mobile Payment

    PayPal Expands Further into China with UnionPay Partnership

    By Company AnnouncementJanuary 23, 2020

    UnionPay International and PayPal, today announced a global partnership where both companies will work together to accelerate the growth of…

    Blockchain/Bitcoin

    Hong Kong and Thai Regulators Unveils Pilot Results on Central Bank Backed Digital Currency

    By Company AnnouncementJanuary 23, 2020

    The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) announced the outcomes and published a joint report…

    Mobile Payment

    South East Asia Ranked Most Popular for Mobile Payments for Chinese Tourist

    By Fintech News Hong KongJanuary 22, 2020

    Nielsen and Alipay have jointly released a new report on the latest trends in Chinese outbound tourism and the consumption…

    Open Banking Virtual Banking

    One In Two Hong Kongers Are Open To Try Virtual Banks

    By Fintech News Hong KongJanuary 21, 2020

    One in two Hong Kongers are likely to open an account with a virtual bank with a tenth saying they…

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