Hong Kong

Babel Finance Files for Moratorium, Works on New Stablecoin to Repay US$766M Loss

Hong Kong-based crypto lender Babel Finance has filed applications in the Singapore High Court to buy more time from its creditors for up to six months. The moratorium is intended to allow the restructuring efforts made by Babel Finance in

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ForgeRock Expands Cloud Services to Indonesia and Hong Kong

ForgeRock, an identity and access management software company, announced its continued expansion across Asia and has made ForgeRock Identity Cloud available locally from two new data centers in Indonesia and Hong Kong. This expands ForgeRock’s Identity cloud into 17 regions

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Hong Kong’s Hex Trust Secures Digital Custody License From MAS

Hex Trust, a Hong Kong-based digital asset custodian, has secured a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). The CMS license allows the company to provide custodial services regulated under Singapore’s Securities and Futures Act.

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Singapore Fintech B2B Startups Are Invited to Pitch for Potential Deals and Funding in Hong Kong

In its fifth edition, the flagship industry conference Hong Kong FinTech Week this year is launching a unique Global Fast Track Programme to help worldwide including Singapore innovative technology companies connect with the leading financial institutions, investors and regulators in

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What to Expect From Hong Kong Fintech Week 2019 — Asia’s Global Fintech Event

One of Asia’s largest fintech events the Hong Kong Fintech Week is returning from November 4 to 8. This year’s program will cover key themes including artificial intelligence (AI), blockchain, fintech in China, Greater Bay Area collaboration, and virtual banking. It

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Hong Kong Fintech Week 2018: All You Have to Know

Hong Kong will be hosting its third annual Hong Kong Fintech Week from October 29 to November 02, 2018. Hong Kong Fintech Week 2018 is set to be the world’s first cross-border fintech event that spotlights the Guangdong-Hong Kong-Macao Greater

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Two of Asia’s Biggest Fintech Hubs will Deepen Relationship in 2019

Singapore has shown massive support for the Belt and Silk Road initiative by the more recently economically open Chinese government, which has impacted many industries in Singapore including fintech. And Singapore has been quite cosy with the Chinese government in making

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World Bank’s IFC To Invest US$25M In CompareAsiaGroup

CompareAsiaGroup, a financial comparison service in Southeast Asia, is about to raise US$25 million from the World Bank Group’s private equity arm, the International Finance Corporation (IFC). The IFC said in the filing that the proposed investment in CompareAsiaGroup “aligns

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Hong Kong To Host Fintech Week 2016

Hong Kong is the number one business city in Asia. It is the perfect base for companies that want to do business in Mainland China and across the region. Hong Kong will host its first Fintech Week in early November

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What is Digital Transformation and Why is it a Disruption?

There are many talks about “Digital Transformation” recently, but what does it really mean, and why is it called a disruption? Depending on how you perceive it, this term may be just a fad to you, or it may mean the

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