Archive
Virtual Bank ZA Has Gained 300k Users Ahead of Its 1st Year Anniversary
ZA Bank, one of Hong Kong’s eight virtual banks, announced that it has now gained 300,000 users in time for its upcoming first year anniversary. ZA Bank was the first to have a soft launch of its virtual banking services
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ZA Tech Partners With Prudential’s Indonesian Joint Venture
ZA Tech, the technology venture founded by ZhongAn Online and backed by Softbank’s Vision Fund, has partnered with PFI Mega Life (PML), Prudential Financial Inc’s joint venture in Indonesia to promote financial inclusion in Southeast Asia. ZA Tech will leverage
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SFC-Licensed Crypto Trading Platform OSL Goes Live
OSL Digital Securities Limited (OSL DS), a SFC-licensed digital asset platform and member of BC Technology Group, announced that it has officially gone live with the execution of the first customer trades via its licensed trading desk. OSL DS holds
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Alibaba’s Ant Group Focuses Efforts To Be Carbon Neutral by 2030
Ant Group announced it will become carbon neutral by 2030, and pledged its support to bring down emissions through technological innovations, joining the urgent global efforts to curb climate change and its devastating effects. The company will also set up
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Cyberport-HKIB Regtech Demo Day Showcases Hong Kong’s Booming Regtech Sector
At Regtech Demo Day on March 3 and 4, seven of Cyberport’s fast-growing regulatory technology (regtech) startups showcased their latest fintech solutions to hundreds of industry stakeholders. The two-day event, organized by Cyberport and the Hong Kong Institute of Bankers
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WeLab Raises US$75 Million in Funding Round Led by Allianz
Hong Kong-based virtual bank WeLab announced that it has completed the initial close of Series C-1 funding led by Allianz X for US$ 75 million. Allianz X is the digital investment unit of the Germany-based Allianz Group, one of the
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Payoneer vs Wise – Which International Payment Solution Is For You?
If you are selling internationally then you need a method of accepting and making payments that works and doesn’t cost the earth. There are so many difficulties in accepting cross-border payments that getting it right is super-important. Having an efficient
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From Insurance Firm to Tech Ecosystem: Ping An’s Rise to Becoming a Tech Giant
China’s Ping An started out as a property and casualty insurance company but rapidly grew into becoming what we know today as one of the world’s biggest tech giants. A new case study published by the International Institute of Management
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Airwallex Completes Acquisition of SVF Operator Unicard
Airwallex, a cross border payment company, announced that it has completed the acquisition of UniCard Solution Limited following the regulatory approvals from the Hong Kong Monetary Authority (HKMA) to become a shareholder controller. Airwallex said that through its wholly owned
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Crypto.com Inks Deal With Aston Martin Formula 1 Team
Hong Kong-based cryptocurrency platform Crypto.com announced a global partnership with the Aston Martin Cognizant Formula One™ Team ahead of its 2021 Formula One car launch. Aston Martin Cognizant Formula One™ Team has signed a multi-year deal with the cryptocurrency platform
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