Tagged: hong kong

Finastra Presents its HK Future of Banking Center of Excellence, Partners with McKinsey

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

SelfKey Public ICO Sells Out in 11 Minutes

This should come as no surprise but SelfKey’s public token sale closed in just 11 minutes.  According to the company, the public portion of the initial coin offering (ICO) hit its cap of $5.94 million in mere minutes. SelfKey’s pre-sale easily raised its cap of… Read More

StartmeupHK Festival Details Released by InvestHK

InvestHK, part of the Hong Kong Special Administrative Region Government established in 2000 to attract foreign direct investment and support businesses to expand in Hong Kong, has released details of the forthcoming StartmeupHK Festival 2018 scheduled to take place from January 29 to February 2nd…. Read More

Crypto Exchange Binance Creates New Partnership with Uplive, Creator of Gifto

Binance, one of the largest cryptocurreny exchanges in the world, has partnered with Uplive, in an interesting move to bring Uplive’s 20+ million users to the Binance platform. According to Binance, Uplive will feature a special virtual gift created specially for Binance’s token BNB. Uplive’s… Read More

Hong Kong’s Monaco Expands Strategic Cooperation Agreement With Binance

Hong Kong’s payments and cryptocurrency platform Monaco announced on Tuesday an expansion of its strategic cooperation with Binance, where Monaco’s MCO token was listed this past summer. The company revealed that under this partnership expansion it will include support for Binance’s BNB token to its platform which… Read More

Update: SuperCharger FinTech Accelerator Kuala Lumpur

SuperCharger FinTech Accelerator launched first in Hong Kong but it is pushing into other markets bringing its unique brand of combining established and innovative Fintech startups. Earlier this month, SuperCharger celebrated the end of the SuperCharger Kuala Lumpur program as 9 Fintech start-ups from around the… Read More

Enter the Dragon Coin: This Token Sale May Become the Largest Initial Coin Offering Ever

I must admit, when I first read about Dragon Coin and its initial coin offering (ICO) I was exceptionally skeptical. But then you really need to be careful which ICO you back right now. A healthy dose of skepticism can be what separates an investor… Read More

Following ICO that Sold Out in Under a Minute, GIFTO Partners with Worldwide Asset eXchange

GIFTO, a blockchain virtual gifting protocol that recently completed an ICO thats public sale allegedly sold out in just one minute, has announced a strategic partnership with Worldwide Asset eXchange (WAX), decentralized marketplace for virtual assets. The agreement will see GIFTO created virtual gifts tradable… Read More

The University of Hong Kong Online Fintech Course Now Open for Registration

In partnership with SuperCharger, CFTE, Cyberport, UNSW Sydney and Micosoft, the University of Hong Kong (HKU), has opened up registration with Asia’s first Fintech Massive Open Online Course (MOOC). The Fintech MOOC is a six-week online course on innovations in finance and is designed to… Read More

Yirendai Makes $50 Million Strategic Investment in Finance Services Platform Lion Rock

China-based fintech Yirendai announced on Wednesday it has made a $50 million strategic investment in Lion Rock through the financial service platform’s Series A funding round. According to Yirendai, Lion Rock is headquartered in Hong Kong and is licensed by the Hong Kong Securities and… Read More

SelfKey Digital Identity Firm Tops $5 Million in Private Pre-sales, Public Pre-Sale ICO Kicks Off on December 15th

SelfKey, a “self sovereign identity” firm, has just completed a pre-sale of KEY tokens raising $5 million. Now SelfKey is preparing to launch its public Initial Coin Offering (ICO) on December 15th. The token sale has a hard cap of US$21.78 million. The SelfKey white… Read More

KPMG Report: Fintech is Key for Hong Kong Banking as 2018 will see Mainstream Adoption

KPMG published a report on the Hong Kong banking industry this past week and Fintech plays a prominent role in the theme of the document. Hong Kong has been a prominent financial center since almost the beginning of time but in the Fintech race –… Read More

Dubai Financial Services Authority & Hong Kong Monetary Authority Sign Fintech Cooperation Agreement

The Hong Kong Monetary Authority (HKMA) and the Dubai Financial Services Authority (DFSA) have signed a Fintech Co-operation Agreement today to boost collaboration between the two regulatory authorities, with a view to facilitating financial innovation in the two jurisdictions. The Co-operation Agreement was signed by… Read More

Following $115 Million Series A Funding Round: TNG Fintech CEO Announces Expansion & Acquisition Plans

Just a few months after successfully securing $115 million during its Series A Funding Round, Alex Kong, chairman and CEO of Hong Kong-based TNG Fintech discusses the company’s digital wallet business and expansion plans on “Bloomberg Markets: Asia.” TNG Fintech Group describes itself as a… Read More

China: WeiyangX Fintech Review

China Financial Stability Committee established in Beijing On November 8th, the China Financial Stability Committee was officially launched. This is a subordinated department under the State Council, of which Vice Premier Ma Kai will serves as the head. To be specific, the committee will be… Read More

Huge: Mobile Lending Company WeLab Raises $220 Million with Backing from Alibaba

One of the fastest growing Fintech’s in China has raised USD $220 million. WeLab, a Hong Kong-based mobile lending platform founded in 2013, has closed funding round of $220 million including both strategic debt and equity funding with the backing of Alibaba Hong Kong Entrepreneurs Fund,… Read More

Introduction to Fintech: Hong Kong University Announces Massive Open Online Course

The University of Hong Kong has announced a new Massive Open Online Course (MOOC) entitled an Introduction to Fintech. The MOOC is expected to launch in March 2018. The new course on Fintech was revealed during Hong Kong’s second annual Fintech week event. The course… Read More

Hong Kong Claims Fintech Leadership Following Fintech Week

  Hong Kong Fintech Week ended on October 27th. According to organizers, the main story emerging from the week long event is the fact that Hong Kong is very much a Fintech leader in Asia. Frequently compared to Singapore – regularly viewed as the leading… Read More

China: WeiyangX Fintech Review

51 CreditCard (u51.com) is Planning to List in Hong Kong in 2018 51 CreditCard (u51.com), a leading online platform for credit card bill management, is reported to be listed on Hong Kong Exchanges and Clearing Limited (HKEX) in 2018, aiming to raise at least 500… Read More

Fintech Association of Hong Kong Signs MOUs with Three Different Fintech Groups

It is Fintech week in Hong Kong so there is plenty going on regarding alternative finance in the Asian financial center. According to a report in CFOInnovation, the Fintech Association of Hong Kong (FTAHK) made a timely move to sign Memorandums of Understanding with not… Read More