Archive
Animoca Brands, LayerZero Launch Hackathon With Its First Stop at Cyberport
Metaverse ecosystem builder Animoca Brands and blockchain interoperability protocol LayerZero have launched a global hackathon to demonstrate real-world use cases of interoperable digital assets. The LayerZero-Animoca Brands Hackerhouse will gather developers, projects and companies to conceptualise and build proof-of-concepts that
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Five Key Takeaways From the Temenos Regional Forums in Asia Pacific
The Asia-Pacific financial sector is undergoing rapid transformation. Consumers’ expectations have significantly increased as a result of the digital revolution and the emergence from the Covid-19 pandemic. That was why banking software company Temenos organised a series of industry events
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Hong Kong Pilots the FintechHK Community Platform
InvestHK has soft launched the FintechHK Community Platform to encourage local startups to expand their business to the Mainland, Southeast Asia, and other regions. Supported by the Financial Services and the Treasury Bureau (FSTB) and InvestHK, the initiative comes as
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Hong Kong’s Lending Business Enter Recovery Mode as Consumer Sentiments Improve
In Q2 and Q3 2022, consumer credit activity in Hong Kong increased in key product categories amid eased COVID-19 restrictions, the launch of Phase II of the Consumption Voucher, as well as improved consumer sentiment and employment situations, new findings
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HKEX Sets up New York Office Headed by Roger McAvoy
The Hong Kong Exchanges and Clearing (HKEX) announced that it will be setting up a new office in New York and will build out its team over the coming months. The new New York office will complement HKEX’s existing international
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Hong Kong to Enhance Its Climate Data Availability Through Inclusion of SMEs
Hong Kong is looking to enhance its climate data availability and sustainability reporting through the partnership between the Green and Sustainable Finance Cross-Agency Steering Group and international non-profit CDP. The Steering Group is co-chaired by the Hong Kong Monetary Authority
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Korean Super App Toss Valued at US$7 Billion With Latest Series G Fundraise
Toss, a South Korean super app operated by fintech startup Viva Republica, announced that it has raised a US$405 million Series G funding round and is now valued at US$$7 billion, according to a report by TechCrunch. This is the
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RD Wallet Scores SVF License From Hong Kong Regulator
RD Wallet Technologies, a Hong Kong-based e-wallet operator offering payment services to corporates, announced that it has been granted the Stored Value Facility (SVF) license by the Hong Kong Monetary Authority (HKMA). The company was set up by Norman Chan,
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Hong Kong Seeks Public Feedback on Crowdfunding Rules
The Hong Kong government is seeking feedback firm the public for the next three months until 20 March 2023 on its proposal to enhance the regulation of crowdfunding activities. The Financial Services & the Treasury Bureau has published a consultation
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Klook Ties up With AXA to Offer Insurance Protection to Its Hong Kong Customers
Travel and leisure booking platform Klook has partnered with AXA Hong Kong & Macau to provide insurance protection for its customers. Under this partnership, AXA and Klook will first launch “Klook Travel Care” for its Hong Kong customers. The offering covers
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