Archive
OneDegree Raises Another US$27 Million to Close US$55 Million Series B
Hong Kong’s digital insurer OneDegree Group announced that it has secured an additional US$27 million to close its Series B funding round at US$55 million. The fundraise was joined by existing investors Gobi Partners, Sun Hung Kai and Bitrock. The
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HKEX Gears up to Launch New IPO Settlement Platform FINI in October
The Hong Kong Exchanges and Clearing Limited (HKEX) is set to launch its IPO settlement platform FINI in October this year. FINI will significantly shorten the time between the pricing of an IPO and the trading of shares from five
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FSMOne Tackles the Pain Point in Seamless and Quick Investment Account Opening
Before fintech and digitalisation became prominent, investors had to fill in long and clumsy account opening forms and even pay a visit to the branch just to open an account at an investment platform or a brokerage firm. Out of
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Digital Innovation Fuels Future of Wealth Management in Asia
As the affluent segments of Asia continue to expand, an increasing demand for more sophisticated wealth management has taken centre stage. The wealth pool of this rapidly growing market is expected to reach an astounding $4.7 trillion by 2026. These
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Project Dynamo Unveiling the Potential for CBDCs and Other Tokens
The financial industry is witnessing a wave of digital money and payment innovation driven by the public and private sectors. Central bank digital currencies (CBDCs), stablecoins, and deposit tokens are among the emerging digital assets that are transforming the global
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HSBC Enables Hong Kong Customers to Trade Bitcoin, Ethereum ETFs
The Hongkong and Shanghai Banking Corporation (HSBC) has enabled its customers to buy and sell Bitcoin and Ethereum ETFs listed on the Hong Kong exchange, according to Chinese journalist Colin Wu in a series of tweets. SCOOP: HSBC, the largest
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6 Young, Fast-Growing Fintech Startups from Mainland China to Watch
Mainland China has emerged as a hub of innovation and rapid growth in the fintech sector, with several firms such as the Ant Group, WeBank and Lufax leading the way in transforming the financial landscape. These companies have captured attention
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Is Your Organization Leveraging the Full Potential of ISO 20022?
The advent of ISO 20022 signifies a monumental shift in the financial world, a transition that promises unprecedented transparency, efficiency, and improved risk management. This financial standard elevates transaction data richness to a new level by offering up to ten
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AsiaPay Taps PayMe by HSBC to Expand Payment Options for Hong Kong Merchants
AsiaPay, a digital payment solutions in the Asia Pacific, has announced the partnership with PayMe by HSBC in Hong Kong to help local merchants provide more flexible payment options in a single device and enhance the purchase experience for consumers.
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AXA, Carbon Wallet Launch Campaign to Encourage Hong Kongers to Go Green
AXA Hong Kong and Macau has partnered with Carbon Wallet, a one-stop green lifestyle reward platform, to motivate the community to live a greener lifestyle for a sustainable future. As Carbon Wallet’s first insurance partner in Hong Kong, AXA activates
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