Search Results for "Ant Group"
Bank & FinTech Collaboration Models – How Big Banks Plan Fight the Big Tech Challenge
Sometime around the tail-end of 2010 the banks started realising that something called a FinTech could be a threat to their business. This is a time when some senior executives in the bigger banks were asking the digital leaders if
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AXA Hong Kong will Invest $200M into Fintech and Launched Design Centre
In response to customer needs across insurance products, AXA Hong Kong has announced that it will invest approximately HK$200M in FinTech development this year, tripling its 2017 commitment. The new AXA Design & Experience Centre in One Island East in Quarry Bay, developed in
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12 Fintech Startups in Shanghai You Should Know
Shanghai, a global financial center and transport hub, has emerged as one of China’s fintech powerhouses in recent years, and the city’s tech scene is expected to further grow in new technology areas such as virtual reality, biometrics, big data-based
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Virtual Banks to Shake up Hong Kong Banking Landscape
Hong Kong is gearing up for the arrival of virtual banks, or financial institutions without physical branches. The Hong Kong Monetary Authority (HKMA) is set to issue the first batch of virtual bank licenses as early as this year. The
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8 Startups Selected for Accenture’s 2018 FinTech Innovation Lab Asia-Pacific
Eight fintech companies have been selected for the fifth annual FinTech Innovation Lab Asia-Pacific, a 12-week mentorship program created by Accenture in Hong Kong. The 2018 program received a record number of applications, from more than 160 companies, and comes at
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Top 16 Fintech Investors in Hong Kong and Mainland China
China’s Internet finance industry has boomed in recent years. The country leads the world when it comes to total users and market size, and fintech startups are mushrooming. China contributes to some of the world’s largest investments in the fintech
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Hong Kong Monetary Authority Unveils Blockchain Trade Finance Platform
Trade finance, where financial institutions provide credit facilities in order to guarantee exchange of goods, is a centuries old industry that is hampered by challenges such poor customer experience, increasing cost pressure and substantial regulatory burden. With its manual, cumbersome
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Chinese Autonomous Car Startup Raises $214M in Series A Funding!
Just six months after its unprecedented Series A announcement of $112M, autonomous vehicle company Pony.ai has raised a follow-on funding round. Co-led by ClearVue Partners and Eight Roads (the proprietary investment arm of Fidelity International Limited), this continuation of funding
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Former Jefferies Asia CEO to Lead Block.one’s US$1 Billion EOS VC Venture Capital Division
Block.one, publisher of the EOSIO blockchain software protocol and seller of the EOS Token, announced that former Jefferies Asia CEO Mike Alexander has joined as CEO of its US$1 billion EOS VC venture capital arm. Based in Hong Kong, Alexander
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Campfire Shared Spaces Close USD18 Million in Series-A Funding
Campfire, a global network of shared spaces founded in Hong Kong, announced Series-A investment reached USD18million, led by Kwai Hung Group, Sa Sa Int’l Holdings Ltd and Fast Global Holdings Ltd, a subsidiary of Rykadan Capital Ltd. Exceeding expectations, the
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