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A Snapshot of Fintech in Hong Kong in 2019
Hong Kong is expected to see a boost in fintech activity after a relatively disappointing year in 2018 as the region saw a sharp dip in the total value of investments. According to Accenture, this was due to new measures
Read MoreLi Ka-Shing Backed WeLab is the First Homegrown Fintech Granted Virtual Banking License
WeLab has been granted a virtual banking license by the Hong Kong Monetary Authority (“HKMA”), becoming the first homegrown Hong Kong fintech company to establish a virtual bank. This brings the total number of approved virtual banking players in Hong
Read MoreEven This Fintech Unicorn Thinks Hong Kong’s Virtual Banking License is Too Restrictive
The virtual banking race is on for different regions across the globe, and the Hong Kong Monetary Authority (HKMA) has put its hat in that race with the virtual banking license, as part of a larger plan to turn Hong
Read MoreHong Kong Fintech Startup Ecosystem
Submit your FinTech Startups Submit your FinTech Startups Other resources you might be interested in: Curious about other Asian Fintech Startup Directories and lists? Here’s a nice overview page looking at the fintech startups directories in
Read MoreHong Kong Fintech Week 2018 – Day 3 Highlights
Day 3 at Hong Kong Fintech Week at Hong Kong Exhibition and Convention Centre was buzzed with energy as the three stages hosted speeches and lively panel sessions to full houses, while the numerous fintech company booths attracted delegates amid the
Read MoreWeCash is Bidding For a Virtual Bank License In Hong Kong
Wecash, a Beijing-based fintech start-up has teamed up with Japanese financial firm ORIX and Hong Kong property developer SEA Group to apply for a virtual bank licence from the Hong Kong Monetary Authority. George Zhi Zhengchun, 32, founder and chief executive of Wecash,
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