The APAC average is 67.1. See where Hong Kong stands and what comes next.
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Explore the latest Hong Kong virtual banking news, with insights into new digital banks and fintech innovations shaping the future of virtual banking in HK.
Fusion Bank, a licensed digital bank in Hong Kong, has completed its migration to a new core banking…
Some Hong Kong digital banks are rethinking their strategies and considering physical branches in Hong Kong, according to…
WeLab Bank announced that it achieved breakeven in December 2024, just over four years after its launch. This…
Chief Executive of Hong Kong’s ZA Bank, Ronald Iu, is reportedly planning to step down early next year,…
WeLab Bank has facilitated the disbursement of HK$61.56 million in subsidies through the H.S. Chau Foundation’s “Dear Girlfriends”…
In the last two years, some large banks have been hit with very public, lengthy – over 10…
Tokyo-based digital bank Habitto has secured US$11.7 million (JPY1.8 billion) in Series A funding. The round was led…
Fusion Bank, a virtual bank based in Hong Kong, has successfully launched its next-generation core banking system, developed…
ZA Bank, a Hong Kong-based digital bank, has launched crypto trading services for retail customers. Users can now…
iFAST has launched a new feature called iFAST Global View that expands client access to digital banking and…
Hong Kong’s digital bank, ZA Bank, has begun testing a virtual asset trading service in a regulatory sandbox.…
Hong Kong’s ZA Bank announced that it has introduced a business banking referral programme. Existing personal banking users…
Nearly 30% of Hong Kong’s 7.5 million population were using digital banks by the end of 2023, reflecting…
The Hong Kong Monetary Authority (HKMA) released its conclusions regarding the proposal to rename “virtual bank” to “digital…
ZA Bank, a virtual bank in Hong Kong, has introduced a new ‘Foreign Exchange Time Deposit’ option, allowing…
ZA Bank, a virtual bank in Hong Kong, plans to launch a “next-gen-ready” wealth product as part of…
ZA Bank has become the first of Hong Kong’s eight virtual banks to achieve monthly profitability, nearly four…
For Hong Kong’s virtual banks, profitability remains elusive as they struggle to turn a profit, with none of…
Chinese tech giant Tencent has fully divested its 14% stake in British challenger bank Tide in a sale…
Fusion Bank, a virtual bank backed by Chinese tech giant Tencent, has launched new business loan services aimed…