Archive

TransferWise Launches in Hong Kong, Targets Businesses and Consumers

Following the completion of its three-month pilot scheme in Hong Kong, UK-based international fintech remittance firm, TransferWise will now fully launch their service for both business and personal use here. TransferWise’ Thrust into Hong Kong TransferWise’s scalable business model has

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Campfire Shared Spaces Close USD18 Million in Series-A Funding

Campfire, a global network of shared spaces founded in Hong Kong, announced Series-A investment reached USD18million, led by Kwai Hung Group, Sa Sa Int’l Holdings Ltd and Fast Global Holdings Ltd, a subsidiary of Rykadan Capital Ltd. Exceeding expectations, the

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MYbank Will Share Its Risk Management & AI Data With 1K Financial Institutions In China

Alibaba-backed MYbank, a Chinese online bank with a focus on lending, announced that it will be opening up its artificial intelligence, computing and risk management capabilities to financial institutions in China, in what is called their Star Plan. Through these

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Investor Guide to Smart ICO Investments

Over the past 2 years, the crypto space and blockchain projects have gained popularity across the globe.  As a result, many dubious players entered the market to get a piece of the crypto pie. It is increasingly difficult for investors

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DBS Accelerator Hong Kong Demo Day: 11 Fintech Startup Showcases

Potential investors and members of the local startup community at DBS Accelerator Demo Day got a sneak peek at the future of banking, as the founders of 11 startups from Hong Kong and around the world showcased  FinTech solutions to enhance the

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Sonic Zhang Launches LedgerZ Fund, with a Premiere 25K ETH Investment in Zeex

According to Guy Melamed, ZEEX CEO and Cofounder, the investment will go a long way in helping the company achieve its goal of turning cryptos into a payment method for everyday goods and services. This will be possible by making

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AlipayHK and GCash Launch Cross-Border Remittance Service on Blockchain

AlipayHK and GCash  announced the launch of a cross-border remittance service through their e-wallet platforms, powered by  blockchain technology developed by Alipay, the online payment platform operated by Ant Financial Services Group. Alibpay claims that this is the first blockchain-based

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Alipay Introduces Two New Money Market Funds

Alipay, the world’s largest online, mobile payment and lifestyle platform, operated by Ant Financial Services Group,  announced  last month the addition of two new money market funds to Yu’e Bao, the spare cash management platform within the Alipay app. The

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Neat Receives 2 Million USD in Fresh Funding, Launches Digital Banking for Corporates

Neat, a Hong Kong-based digital alternative to a traditional bank, announced a USD 2 Million funding round from Singapore-based investor Dymon Asia Ventures, and Portag3 Ventures based in Montreal – the latter making its first investment in Asia. Neat’s Thrust

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EmTech Hong Kong Showcased a Wide Array of Emerging Technologies

The third edition of EmTech Hong Kong, co-organised by MIT Technology Review and Koelnmesse, ended on a high note after two days of stimulating and insightful discussions on the latest breakthroughs in science and technology. Held from 26 to 27

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