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    Blockchain/Bitcoin

    Bitspark Co-Founder Claims SWIFT Is Hindering Innovation

    By Fintech News Hong KongMay 30, 2019

    George Harrap, CEO and Co-founder of Hong-Kong based blockchain remittance startup, Bitspark, has outed SWIFT for hampering fintech from driving…

    China

    Shenzhen Stock Exchange Partners Up with Tencent to Launch Fintech Innovation Lab

    By Fintech News Hong KongMay 27, 2019

    Tencent and Shenzhen Stock Exchange (SZSE) have banded together to form a joint innovation lab, named the SZE – Tencent…

    China Mobile Payment Open Banking Various Virtual Banking

    A Snapshot of Fintech in Hong Kong in 2019

    By Fintech News Hong KongMay 23, 2019

    Hong Kong is expected to see a boost in fintech activity after a relatively disappointing year in 2018 as the…

    Blockchain/Bitcoin

    How Cryptocurrency Scams Work

    By Fintech News Hong KongMay 20, 2019

    Millions of cryptocurrency investors have been scammed out of massive sums of real money. In 2018, losses from cryptocurrency-related crimes…

    Mobile Payment Various

    Tencent’s Fintech & Cloud Unit Generates US$ 3.1 Billion in Q1 of 2019

    By Vincent FongMay 16, 2019

    In their quarterly results announcement, Tencent revealed that its fintech and cloud services generated RMB21.8 billion (US$ 3.1 Billion) in…

    Blockchain/Bitcoin

    Hong Kong and Thailand May Be Working on a Joint Central Bank-Backed Crypto Project

    By Fintech News Hong KongMay 15, 2019

    The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) entered into a Memorandum of Understanding (MoU) to foster…

    InsurTech

    Globally, Insurtechs Received over US$1 Bil in Funding Q1 of 2019

    By Fintech News Hong KongMay 14, 2019

    Insurtech investment continued its momentum with 85 deals totaling US$1.42 billion recorded in Q1 2019, marking the third-straight quarter to…

    Virtual Banking

    Meet Hong Kong’s 8 New Virtual Banks

    By Fintech News Hong KongMay 10, 2019

    UPDATE: Four of Hong Kong virtual banks have since launched, check out our latest article to find out the progress…

    Virtual Banking

    Ant Financial, Tencent, and Xiaomi Are Among HK’s New 4 Virtual Banking Licensees

    By Fintech News Hong KongMay 9, 2019

    The Hong Kong Monetary Authority (HKMA) issued virtual banking rights to 4 more companies: Ant SME Services (Hong Kong) ,…

    InsurTech

    Hong Kong Insurtech OneDegree Closes Over US$ 30 Million in Extended Series A

    By Fintech News Hong KongMay 9, 2019

    OneDegree, a Hong Kong-based insurance technology start-up under Cyberport Incubation Programme, extends its Series A round to above US$30 million,…

    Blockchain/Bitcoin Mobile Payment

    WeChat Pay Will Start Terminating Accounts Caught Dealing with Crypto

    By Fintech News Hong KongMay 9, 2019

    WeChat Pay, one of China’s most popular e-wallet providers, has just updated its payment policy to ban cryptocurrency transactions. The…

    Japan

    Top 10 Fintech Startups In Japan

    By Fintech News Hong KongMay 6, 2019

    In 2018 and early 2019, the Japanese fintech market witnessed significant developments. Japan’s Financial Services Agency (FSA) published a report…

    InsurTech

    Insurtech’s Explosion in Hong Kong, and What May Be Coming for the Scene

    By Fintech News Hong KongMay 6, 2019

    Asia is traditionally a region with low insurance penetration, and Hong Kong was no exception to that rule. Between 2012…

    China

    Shenzhen Eyes to Turn Qianhai an Epicenter for Fintech and Blockchain

    By Fintech News Hong KongMay 6, 2019

    The Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone or the Qianhai Special Economic Zone, is an experimental commercial development…

    Virtual Banking

    Hong Kong’s Virtual Banks May Have to Look Beyond its Borders in Their Battle for Talent

    By Satoko OmataMay 2, 2019

    Virtual banks have finally made an inroad into Hong Kong’s financial industry. The Hong Kong Monetary Authority (HKMA) has begun…

    China

    A Deeper Look into The Greater Bay Area, China’s Answer to Silicon Valley

    By Fintech News Hong KongMay 2, 2019

    The Fintech Association of Hong Kong has released a new report exploring the Greater Bay Area (GBA)’s cities, policies, and…

    AI Regtech

    Hong Kong Chooses 3 Startup as Part of the Global Fintech Sandbox Project

    By Fintech News Hong KongMay 1, 2019

    The Hong Kong Monetary Authority (HKMA), is one of 17 global regulators that are participating in the Global Financial Innovation…

    Crowdfunding

    Hong Kong Gets Its First Equity Crowdfunding Platform, Well Kinda

    By Vincent FongApril 30, 2019

    Earlier this week, South Morning China Post reported that Hong Kong’s Securities and Futures Commission has issued its first equity…

    Blockchain/Bitcoin

    One Year Later, Cathay Pacific’s Rewards Programme Happy with its Blockchain Port

    By Fintech News Hong KongApril 26, 2019

    In May last year, the Cathay Pacific Group, via its rewards programme Asia Miles, launched an app utilising smart contracts…

    Blockchain/Bitcoin

    Hong Kong Needs More Than Lip Service to Grow Blockchain, Says Local Founder

    By Fintech News Hong KongApril 22, 2019

    After his blockchain panel at the Internet Economy Summit last week, we had a chance to sit down with trustMe,…

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