Tag "Mox"

Virtual Bank Mox Marks 200,000 Customers Milestone

Hong Kong’s virtual bank Mox announced that now has 200,000 customers, doubling its customer base since May. As one of the eight entities that were granted a virtual banking license by the Hong Kong Monetary Authority, Mox had officially launched to

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Virtual Banks Mox and Livi Grab Top Spots in Regional Mobile Banking Benchmark

The Mobile Banking Benchmark 2021 survey found that Hong Kong’s virtual banks Mox and Livi stood out as regional leaders, though overall a gap between Asian and European players remains. The survey was conducted by management consulting firm Sia Partners

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Barbaros Uygun to Replace Deniz Güven as CEO of Mox

The Board of Mox Bank Limited (“Mox”) announced the appointment of Barbaros Uygun as the CEO of Mox and Executive Director of the Board with effect from 27 September 2021. After creating a strong foundation for Mox over three years,

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Mox Bank Rolls Out Instant Loans Offering

Hong Kong’s virtual bank Mox announced the roll out of its ‘Instant Loan’ offering a year after the launch of its operations in the country. This new product, which is already available in its app, allows Mox Credit customers to

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Mox Bank Takes a Slice of the BNPL Pie With Its Latest Offering ‘Split’

Virtual bank Mox has launched a new Buy Now, Pay Later (BNPL) feature on Mox Credit called ‘Split purchase’. Mox Credit customers can split eligible transactions of HKD400 or more into equal monthly instalments, ranging from 3 to 36 months.

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Mox Card Now Allows Users to Flip Between Debit and Credit Spending

Hong Kong virtual bank Mox and Mastercard announced a smart new feature called “Flip” on the all-in-one numberless Mox Card which enables customers to flip freely between spending on their debit and credit accounts. The virtual bank had previously rolled

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Mox Appoints Former StanChart Exec as Chief Product Officer

One of Hong Kong’s eight virtual banks Mox announced the appointment of Jayant Bhatia as its new Chief Product Officer effective on 1st July 2021 onwards. As Mox’s Chief Product Officer, Jayant will lead and develop the product strategy and

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Mox Officially Opens Its Doors to Hong Kongers

Mox has officially launched to the general public in Hong Kong. Mox is the virtual bank created by Standard Chartered in partnership with PCCW, HKT and Trip.com, which provides its suite of fully digital retail banking services over its app.

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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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