Hong Kong
Preparing for 2020: Hong Kong Financial Services’ Top 5 Priority Responses
The pace of global change in financial services continues to accelerate as market incumbents, emerging FinTech startups and newcomers of every kind try to offer more sophisticated yet convenient means of moving money. Nowhere is this trend more apparent than
Read More7 Fintech Events in Hong Kong To Attend
Hong Kong is making a move to challenge Singapore and others as the dominant location for fintech in Asia. Hong Kong in specific led the growth of the blockchain market in northeast Asia, with its friendly regulatory frameworks and policies
Read MoreAnt Financial Worth US$75B, Considers IPO in HK Next Year, All Facts you Have to Know about Alipay
Ant Financial, Alipay’s parent company and Alibaba’s financial-services affiliate, is said to be worth US$75 billion, according to Elinor Leung, the head of telecom and Internet research at CLSA in Hong Kong. According to a Bloomberg report, Leung estimates that
Read MoreWeLab Secures US$25 Million Credit Facility To Fuel Hong Kong Growth
WeLab, one of the fastest growing fintech companies in Greater China, has announced it has secured a credit facility of US$25 million from ING Bank. WeLab is the operator of Wolaidai (我来贷), one of China’s largest mobile lending platforms, and
Read MoreFirst 5 Licensed Players in Hong Kong Digital Payment Landscape
Hong Kong had granted Stored Value Facilities (SVF) Licenses to the first 5 batch of digital payment payment providers last month according to Startup Beat. This is in response to Payment Systems and Stored Value Facilities Ordinance which came into
Read MoreHong Kong’s Top 11 Fintech Influencers
With financial services accounting for 16% of its GDP and employing 236,000 people, or 6% of total employment in Hong Kong, it comes with little surprise that the region has made fintech one of its top priorities. Hong Kong, one
Read More8 Fintech Startups Enter The FinTech Innovation Lab Asia-Pacific
The startups will undergo a 12-week mentorship programme led by senior financial executives in a series of workshops at the Hong Kong-based tech business park Cyberport to commercialise their products. 8 leading financial technology (fintech) companies today begin a 12-week mentorship
Read MoreTop 4 Mobile Payment Apps in Hong Kong
In contempt of the advanced banking systems and financial platforms offered by the city’s multi-billion dollar banks and financial institutions, a substantial portion of the Hong Kong population currently utilizes non-bank payment platforms and applications to send cross-border payments and
Read More6 Hong Kong Crypto and Blockchain Platforms You Should Know
Over the past few years, the fintech industries of south and northeast Asian countries including Hong Kong, Singapore, and China have demonstrated rapid growth and development, creating some of the most established and innovative Crypto and blockchain startups in all
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