Archive

North Korea is Exploring Fintech and Blockchain

North Korea is exploring the possibility of introducing fintech services to its population with an initial focus on improved payments and mobile technology. Fintech has been growing rapidly around the world and yet there’s still no appreciable fintech services available

Read More

NEXT Future Transportation Unveils Its Autonomous Parcel Delivery Solution: China Market Entry

NEXT Future Transportation, the world’s only modular electric vehicle solutions provider, announced a groundbreaking automated logistics solution for Smart and Connected Cities: NEXT is proud to announce the introduction of its fully automated multiservice ‘online-to-offline’ (O2O) platform, including a modular

Read More

Is Hong Kong Ready to Go Cashless?

Seeing the popularity of WeChat Pay and Alipay in China, it is easy for some to assume that these mobile payment apps are equally popular in Hong Kong. Unlike China, Hong Kong is still largely a very cash dominant society.

Read More

Former Credit Suisse Managing Director Joins Block.one as Global Chief Communicator

Block.one, publisher of the EOSIO blockchain software protocol and seller of the EOS Token, a top-five cryptocurrency with a market capitalization of US$4.5 billion, announced today that former Credit Suisse Managing Director and Head of Corporate Communications, Asia-Pacific Sheel Kohli will join

Read More

Hong Kong Insurtech Startups Raised HK$100 Million in Series A Funding

OneDegree (also known as Bola) a Hong Kong-based insurance technology start-up under Cyberport Incubation Programme, announced the full subscription and execution of its Series A funding, with investors committing HK$100 million, plus an additional HK$100 million for future financial support at

Read More

Robo-Advisor AQUMON, a HKUST Incubatee Receives yet Another Round of Funding

Designed by Magnum Research, Aqumon is a robo advisory service aimed at making wealth management more accessible to the Hong Kong public using artificial intelligence. The company recently announced that it has closed an undisclosed sum of financing from the

Read More

China’s P2P Lending: The House of Cards Crumbles

Over the past decade, millions of Chinese investors sunk their cash into thousands of peer-to-peer (P2P) lending platforms. These were promised steady growth, big dividends, and a chance to put financial worries behind. But over the past months, a wave

Read More

Hong Kong Want to Attract Experienced Professionals in Fintech

The HK Government promulgated the first Talent List of Hong Kong. Aiming to attract quality people from around the world in a more effective and focused manner to support Hong Kong’s development as a high value-added and diversified economy, the

Read More

First Australian Bank To Integrate With Alipay

Tyro, Australia’s business-only bank announced it had entered an agreement with the world’s largest mobile and online payment platform, Alipay, to become the first Australian bank to offer a seamless, all-in-one EFTPOS solution with Alipay for Tyro’s merchants and improve

Read More