Archive

Q3 Fintech Funding Tops US$8.9B Driven by Mega-Rounds

Fintech funding topped US$8.9 billion in Q3’2019, driven by 19 mega-rounds of US$100 million+. This brings the total amount raised by fintech companies to US$24.6 billion this year, as of Q3’19, according to CB Insights’ Global Fintech Report Q3 2019.

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In Hong Kong, DBS Customers Can Open Their Wealth Account Using Only Their Smartphone

DBS Hong Kong has launched the first fully virtual wealth management account opening solution, allowing new customers to set up a multi-currency savings and wealth management account completely digitally, on their smartphone. The solution leverages technologies including instant identity verification, biometric

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After Hong Kong, Ant Financial is Now Eyeing Virtual Banking License in Singapore

Fresh off securing virtual banking license in Hong Kong, Ant Financial confirms that they are actively looking into pursuing virtual banking license in Singapore. Previously, Ping An’s One Connect and AMTD Group have also voiced similar ambitions, making this the

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Deloitte Names Hong Kong’s Fastest-Growing and Most Promising Tech Companies

Deloitte has announced its selection of this year’s winners of the Hong Kong Technology Fast and Rising Star Program, which recognizes the fastest-growing and most promising technology companies in Hong Kong, as well as the two winners of the Hong

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Challenger Bank Tandem Recruits Ex-HSBC Banker Ahead of its Hong Kong Launch

Tandem, a full-service digital bank in the UK, announced that they have appointed ex HSBC banker Kunal Malani as their Chief Growth Officer. This news follows their earlier announcement that targetting to launch their digital financial services in Hong Kong

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Switzerland Showcases Excellence in Fintech with 10 Top Fintech Startups’ Roadshow in Hong Kong and Shenzhen

Venture Leaders Fintech 2019, a 6-day pitching and fundraising roadshow co-organized by Venturelab and swissnex China took place from November 3rd to 9th in Hong Kong and Shenzhen. The 10 leading Swiss Fintech startup were selected by an expert jury

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News Roundup: Hong Kong Fintech Week 2019, Product Launches and More

Last week, the Hong Kong Fintech Week returned for its annual week-long fintech gathering. The event, which brought together more than 8,000 attendees for one of the region’s biggest fintech events, was the opportunity for industry stakeholders to make some

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The Winners of HKSTP’s EPiC Competition: Check Out Who Received HK$1 Million in Cash Prizes

Hong Kong Science and Technology Parks Corporation (HKSTP) concluded its annual Elevator Pitch Competition 2019 (EPiC), which saw 126  start-ups from 33 markets making the business pitch of their lives, vying for cash prizes of over HK$1 million. T his

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Hong Kong Fintech Week 2019 – Highlights Day 2

Virtual banks and insurtech in the spotlight, with a nod to sloths, elephants and mosquitoes Newly licensed virtual banks and insurtech companies laid out their visions and strategies for growth, while more seasoned fintech players from across the globe offered

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34 Out 100 of The World’s Top Fintech Companies Are From Asia

34 companies from Asia have been named among this year’s top 100 global fintech innovators, according to H2 Ventures and KPMG’s latest Fintech100 ranking. Seven of them made the top ten list, showcasing Asia’s growing dominance on the global fintech

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