Blog
ESG Data Firm MioTech Raises Undisclosed Funding From Singapore’s GIC
MioTech, a Hong Kong-based sustainability data and solutions provider, has raised an undisclosed sum from Guotai Junan International and GIC during a series B+ funding round. The company’s earlier investors include ZhenFund, Horizons Ventures, TOM Group, Moody’s, and HSBC. The
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Lega Serie A Chooses Crypto.com as Its Innovation and Tech Partner
Hong Kong-based cryptocurrency platform Crypto.com will become the first innovation and technology partner of the Italian Professional Football League known as Lega Serie A. The multi-year partnership integrates Crypto.com in each broadcast moment where technology enhances the match, as the
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Coinbase Inks Deal With MUFG To Set Up a Crypto Exchange in Japan
US cryptocurrency exchange Coinbase has signed a deal with banking giant Mitsubishi UFJ Financial Group (MUFG) to begin digital asset trading in Japan. “Our partnership with MUFG will help millions of people in Japan access our platform quickly and begin
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Philippines’ Unionbank Partners Hex Trust to Pilot Its Digital Asset Custody Service
The Union Bank of the Philippines (UnionBank) has partnered with digital asset custodian Hex Trust to pilot its digital asset custody service that is in compliance with the Bangko Sentral ng Pilipinas (BSP). The collaboration will start with Hex Trust
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ZA Bank Rolls Out Interest-Free Payday Loans for Beta Users
Hong Kong’s virtual bank ZA Bank announced the launch of “Salary FastPass”, an interest-free early payday product in Asia that allows users to get their monthly payroll up to 7 days in advance. ZA Bank said that the Salary FastPass seeks
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6 Upcoming Fintech Online and Hybrid Events in Hong Kong
Earlier this month, the Hong Kong government extended to social distancing measures in place for 14 more days starting August 25. To help prevent the importation of COVID-19 infections and the Delta mutant strain, the government said it will further
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Despite Crackdowns, China Remains One of the World’s Top Crypto Market
Despite crackdowns on cryptocurrency trading and mining, China remains one of the most active cryptocurrency markets in the world, according to a new report by blockchain data platform Chainalysis. Between January and June 2021, cryptocurrency addresses believed to be controlled
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Cross-Border Payments Firm Currenxie Pulls in US$10 Million From Series A Fundraise
Currenxie, a Hong Kong-headquartered cross-border payments company, announced that it has successfully closed a US$10 million Series A funding round led by family office BF Belmont. Predominantly self-funded by Goldman Sachs alumni and co-founders, Riccardo and Alison Capelvenere, the latest
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BBVA Signs Deal To Join Ant Group’s Blockchain-Based Trading Platform Trusple
BBVA has signed an agreement to integrate its cross-border payment and financing services on Trusple, a blockchain-based trading platform powered by Alibaba’s affiliate Ant Group, for greater transparency and security. Trusple aims to accelerate the digital transformation and facilitate the
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Airstar Bank Expands Its Banking Services for SMEs With Loan Offering
Xiaomi and AMTD’s virtual bank Airstar has launched another stage of its pilot trial which features the SME Easy Pay Loan offering to bring a faster and more convenient loan experience to small and medium enterprises (SMEs) This comes on
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