Search Results for "Ant Group"

What is Digital Transformation and Why is it a Disruption?

There are many talks about “Digital Transformation” recently, but what does it really mean, and why is it called a disruption? Depending on how you perceive it, this term may be just a fad to you, or it may mean the

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WeLab Secures US$25 Million Credit Facility To Fuel Hong Kong Growth

WeLab, one of the fastest growing fintech companies in Greater China, has announced it has secured a credit facility of US$25 million from ING Bank. WeLab is the operator of Wolaidai (我来贷), one of China’s largest mobile lending platforms, and

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First 5 Licensed Players in Hong Kong Digital Payment Landscape

Hong Kong had granted Stored Value Facilities (SVF) Licenses to the first 5 batch of digital payment payment providers last month according to Startup Beat. This is in response to Payment Systems and Stored Value Facilities Ordinance which came into

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Hong Kong’s Top 11 Fintech Influencers

With financial services accounting for 16% of its GDP and employing 236,000 people, or 6% of total employment in Hong Kong, it comes with little surprise that the region has made fintech one of its top priorities. Hong Kong, one

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8 Fintech Startups Enter The FinTech Innovation Lab Asia-Pacific

The startups will undergo a 12-week mentorship programme led by senior financial executives in a series of workshops at the Hong Kong-based tech business park Cyberport to commercialise their products. 8 leading financial technology (fintech) companies today begin a 12-week mentorship

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Top 4 Mobile Payment Apps in Hong Kong

In contempt of the advanced banking systems and financial platforms offered by the city’s multi-billion dollar banks and financial institutions, a substantial portion of the Hong Kong population currently utilizes non-bank payment platforms and applications to send cross-border payments and

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Asia’s First Robo-Advisor Mobile App Chloe To Launch in Hong Kong

8 Securities, a leading fintech firm in Asia, today announced the upcoming launch of Asia’s first robo-advisor mobile app Chloe in Hong Kong. The minimum investment amount with Chloe will be under HK$1,000. In addition, customers will have the freedom

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Hong Kong’s Fintech Industry: Opportunities, Challenges and Success Stories

In the race to become Asia’s fintech hub, Singapore and Hong Kong are undeniably the two most well placed to claim the title. Singapore and Hong Kong, two of the Four Asian Tigers, are global financial centers which rely on

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