Tagged: cyberport

January 26, 2022 @ 10:57 pm By Omar Faridi  |  

According to a Securities and Futures Commission (SFC) report, Hong Kong’s asset and wealth management sectors registered an increase in AUM of more than 20% YoY, to HKD 34.9 trillion, as of end 2020. As one of the area’s most prominent wealth management hubs, Hong… Read More

November 8, 2021 @ 9:17 pm By Omar Faridi  |  

Carmen Chu, Executive Director (Enforcement and AML), Hong Kong Monetary Authority (HKMA), recently noted during opening remarks at the AML Regtech Lab (AMLab) that it’s a great pleasure to welcome people to the very first AML Regtech Lab, or AMLab, which the HKMA is hosting… Read More

August 29, 2021 @ 8:16 am By Omar Faridi  |  

Cyberport recently confirmed that the application stage for Phase 2 of the Fintech Proof-of-Concept Subsidy Scheme, commissioned by the Financial Services and the Treasury Bureau (FSTB), had been closed at the end of June 2021. As mentioned in a release, dated August 26, 2021: “Together… Read More

July 16, 2021 @ 2:49 pm By Omar Faridi  |  

Hong Kong’s digital technology park Cyberport confirms that it has invested HKD 14.87 million (appr. $1.92 million) into the operations of four of the startups in its network. The companies include Lynk, Rice Robotics, Dash Living and Hex Trust. These investments have been made during… Read More

July 4, 2021 @ 7:55 pm By Omar Faridi  |  

Hong Kong-based digital asset custody provider Hex Trust revealed earlier this week that it has acquired a strategic investment from Cyberport, a local Fintech hub and digital community. The size of the investment has not been shared publicly. The new investment should allow Hex Trust… Read More

June 19, 2021 @ 3:33 pm By Omar Faridi  |  

Hong Kong-based digital technology park Cyberport has revealed that the application stage for the initial phase of its Fintech Proof-of-Concept (PoC) Subsidy Scheme has now closed. The initiative reportedly received more than 80 applications. The scheme has been commissioned by the Financial Services and the… Read More

May 15, 2021 @ 7:18 pm By Omar Faridi  |  

The Fintech Innovation Lab Asia Pacific program has now returned for its eighth edition this year with additional opportunities for early-stage and high-potential startups. Cyberport, a founding partner, will be giving finalists from the 2021 cohort the chance to take part in the 2-year (or… Read More

January 16, 2018 @ 11:00 am By Erin Hobey  |  

Finastra, a Vista Equity Partners portfolio company, has newly established its Future of Banking Center of Excellence at Cyberport in Hong Kong. This strategic move is part of the worldwide program at Finastra to continue to build its innovation ecosystem and collaborate with strategic partners… Read More

November 10, 2016 @ 9:29 am By Erin Hobey  |  

A group of fintech companies demonstrated their products and services during the third annual FinTech Innovation Lab Asia-Pacific Investor Day. Launched by Accenture (NYSE:ACN) in June 2014, the FinTech Innovation Lab is a 12-week mentoring program to enhance fintech innovation and drive high-tech job growth in Asia-Pacific… Read More

April 21, 2015 @ 9:20 am By Erin Hobey  |  

John Tsang, the Financial Secretary of Hong Kong, stated China would be “an ideal place” to develop into a financial technology hub; venture capitalists are increasingly seeing the potential for fintech investment opportunities in Hong Kong, according to a release. Herman Lam, CEO for the creative digital community… Read More