Archive
Hong Kong’s Chat Management Platform imBee Raises US$5 Million Series A
imBee, a Hong Kong-headquartered chat management platform, announced that it has raised US$5 million in Series A funding led by global venture capital firm DCM. The company said that it will use the funds to advance its platform offerings, go
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Ping An Ranks First Among Chinese Finance Companies on Forbes’ List
Ping An Insurance Group ranked first among China’s financial companies and 5th among global insurance companies on the Forbes’ World’s Best Employers 2022. The group was 8th among all Chinese companies on the list and 211th in the world overall.
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Hong Kong Sets up Repository for Sustainable Finance Internships
The Green and Sustainable Finance Cross-Agency Steering Group has launched an internship for Hong Kong students as part of a collaborative effort to build capability for the industry. The steering group was established by the Hong Kong Monetary Authority (HKMA)
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Airwallex Extends Series E With Additional US$100 Million Funding
Cross border payments firm Airwallex announced that it recently closed its Series E2 financing round with the same US$5.5 billion valuation, bringing its total funds raised to more than US$900 million. The fintech had managed to extend its Series E
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Manulife Appoints New Chief Marketing and Experience Design Officer for Asia
Manulife announced the appointment of Harshal Shah as its new Chief Marketing and Experience Design Officer for Asia, effective 17 October 2022. He will also be a member of the company’s global leadership team. Harshal joins Manulife’s Asia Executive Division
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Statrys and DBS’ Payments and Collections Solution Bags The Asset Triple A Award
Statrys, a Hong Kong-based fintech providing virtual business accounts for SMEs, has been recognised together with DBS Bank as the ‘Best Payments and Collections Solution Hong Kong’ at The Asset Triple A Treasury, Trade, Sustainable Supply Chain and Risk Management
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Taiwan’s Digital Banks Will Struggle to Turn a Profit, Says Consulting Firm
Despite showing potential to address market needs and foster innovation in the banking sector, Taiwan’s new digital banks still have a long road ahead to reach profitability amid a saturated retail banking market and limitations in the services they are
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YAS MicroInsurance Closes US$4.5 Million Pre-series A
YAS MicroInsurance, a blockchain based insurtech company, announced the completion of its US$4.5 million Pre-Series A funding round. led by Noria Capital, ZEMU VC and JKL Capital. Lead investor Noria Capital will also share its expertise in the Middle East
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