Wealthtech
WeLab Officially Launches Its Digital Wealth Advisory Solution
Hong Kong’s virtual bank WeLab announced that it has launched its digital wealth advisory solution, GoWealth Digital Wealth Advisory (GoWealth). Customers can now kick start their personalised investment plan from HKD100. In April this year, WeLab was granted Type 1
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Endowus Appoints New Head of Hong Kong to Lead Its Expansion Plans
Digital wealth platform Endowus has appointed Steffanie Yuen as its Head of Hong Kong as the firm expands to its first overseas market. Steffanie will establish and lead Endowus’ presence in Hong Kong as the firm looks to launch its
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Robo Advisor AQUMON Appoints Simon Lee as MD for Investment Solutions
Robo advisor AQUMON announced the appointment of Simon Lee as its Managing Director, Head of Investment Solutions effective Q2 of 2022. Simon will be stepping in to lead the investment solutions department in the management, production and distribution of the
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Quantifeed Secures Series C Fundraise Led by HSBC Asset Management
Quantifeed, a digital wealth management solutions provider for financial institutions, announces its Series C funding round led by HSBC Asset Management’s (HSBC AM’s) alternative investments business, HSBC Alternatives. The size of the funds raised were not disclosed. HSBC AM is
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Singaporean Robo Advisor Syfe Expands Its Footprint to Hong Kong
Syfe, a digital investment platform headquartered in Singapore, announced that it has expanded its footprint to Hong Kong, its first market expansion since its launch in 2019. The firm is licensed in Hong Kong under Types 1 (Dealing in Securities), 4
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WeLab Bank Granted License to Offer Digital Wealth Advisory Services
Virtual bank WeLab has been granted a license from the Hong Kong Securities and Futures Commission (HKSFC) to offer digital wealth advisory services. Having obtained the Type 1 (dealing in securities) and Type 4 (advising on securities) licenses, WeLab had
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SFC Issues Approval to MaiCapital to Manage Funds With 100% Virtual Assets
MaiCapital, a licensed virtual assets manager, announced that it has secured approval from the Securities and Futures Commission of Hong Kong (SFC) to manage portfolios that may comprise up to 100% of virtual assets. The latest approval from the SFC
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Hong Kong’s Former Financial Secretary John Tsang Joins StashAway as Its Advisor
Southeast Asian digital wealth manager StashAway announced that John Tsang Chun-wah, Hong Kong’s former Financial Secretary, has joined its advisory committee. Tsang was the longest-serving Financial Secretary as he held the role from 2007 until 2017. Tsang brings a wealth
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Airwallex Supports Investment App Plum’s Cross-Border Payments and FX Needs
Global fintech platform Airwallex announced its partnership with London-based investing app Plum to support its cross-border payments and FX needs. Airwallex was chosen as Plum’s global payments and FX partner to support the launch of the latter’s new stock investing
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Fintech Firm StockViva Bags US$3 Million in Series A Funding Round
StockViva, a fintech company that provide real time investment analysis and education from key opinion leaders (KOLs), announced that it has raised more than US$3 million in a Series A funding round. The company received the funds from Farquhar VC
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