Tag "Ant Bank"

Ant Group Launches its Virtual Bank Ahead of Its IPO

Ant Bank, part of Ant Group, has officially launched to offer banking services to Hong Kong citizens. Ant Bank was one of the 8 recipients of the virtual banking license by the Hong Kong Monetary Authority (HKMA), this launch makes

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Hong Kong’s Eight Virtual Banks: The Progress So Far

The Hong Kong Monetary Authority (HKMA) granted eight virtual banking licenses in the first half of 2019, and at the time, the regulator and the operators expected services to commence within the next six to nine months. Now more than

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