Tagged: hong kong

December 29, 2022 @ 11:27 pm By Omar Faridi  |  

Hyphen Group, a Fintech firm backed by Hong Kong-based billionaire Richard Li, has reportedly secured $22 million in capital via a funding round that was led by PCCW. The company stated that the amount secured is more than its initial $20 million target. The company… Read More

December 15, 2022 @ 9:48 am By JD Alois  |  

ZA Bank has announced a currency exchange service. The digital bank states that the service will incorporate zero handling fees with no additional charges and real-time quotations to offer users a transparent experience. Last month, Wise, a digital currency transfer and payment provider, announced services… Read More

December 11, 2022 @ 3:54 pm By Omar Faridi  |  

With the surging demand of international business travel, global fintech platform Airwallex is partnering with Agoda, a global digital travel platform, “to make travel planning easier for Hong Kong SMEs and startups.” As mentioned in the announcement, Airwallex Hong Kong customers will “be able to… Read More

December 5, 2022 @ 11:15 pm By Omar Faridi  |  

2C2P, a global payments platform and merchant commerce omnichannel platform Pine Labs have partnered to expand Buy Now Pay Later (BNPL) “across Asia in six key markets, namely Singapore, Malaysia, Hong Kong, Indonesia, the Philippines and Thailand.” Unlike other BNPL offerings, Pine Labs claims that… Read More

December 5, 2022 @ 9:10 am By JD Alois  |  

SEBA Bank and HashKey Group have formed a partnership that aims to boost digital asset adoption in Switzerland and Hong Kong. According to a corporate statement, a Memorandum of Understanding (MOU) has been signed between the two firms. The agreement is for HashKey to become… Read More

December 1, 2022 @ 7:11 am By Omar Faridi  |  

SEBA Bank AG, which claims to be a leading crypto bank in Switzerland having a suite of fully regulated banking services, officially opened its Hong Kong office for its subsidiary, SEBA (Hong Kong) Limited (SEBA Hong Kong). SEBA Bank says that it has “a strong… Read More

November 27, 2022 @ 9:25 pm By Omar Faridi  |  

Checkout.com, the cloud-based payments service provider, announced a partnership with Xiaomi in order “to provide an end-to-end payment solution for its Hong Kong and Macau payments.” The partnership will “enable Xiaomi to greatly simplify the payment process to support its global payment strategy and development… Read More

November 26, 2022 @ 6:31 pm By Omar Faridi  |  

QUANTIFEED, the provider of digital wealth management solutions, announces that it has acquired ALPIMA, a London-based portfolio construction, visualisation, and analytics fintech company. Alex Ypsilanti, Co-Founder and CEO of Quantifeed, said: “We are very excited about bringing together two hugely talented teams of financial engineers… Read More

November 23, 2022 @ 9:03 am By JD Alois  |  

Wise (LON:WISE) has been integrated into the digital banking firm in Hong Kong ZA Bank. According to a note from ZA bank, the partnership between the two firms is the first bank in Hong Kong to provide money transfers with no exchange rate mark up…. Read More

November 2, 2022 @ 11:04 am By JD Alois  |  

Hong Kong has publicly asserted its interest in digital assets or “virtual assets” in a statement issued by the Financial Services and the Treasury Bureau. The document states: “As an international financial centre, Hong Kong is open and inclusive towards the global community of innovators… Read More

October 31, 2022 @ 11:35 pm By Omar Faridi  |  

The Green and Sustainable Finance Cross-Agency Steering Group welcomes the launch of Core Climate, the international carbon marketplace “set up by the Hong Kong Exchanges and Clearing Limited (HKEX).” Core Climate will “provide effective and transparent trading of voluntary carbon credits and instruments across Asia and… Read More

October 10, 2022 @ 11:17 am By JD Alois  |  

Huobi Global, the operator of one of the world’s largest crypto exchanges, has selected Justin (Yuchen) Sun to join the Huobi Global Advisory Board. Sun is the creator of TRON, a blockchain-based operating system that claims more than 110 million monthly active users. The Advisory… Read More

October 8, 2022 @ 6:15 pm By Omar Faridi  |  

HSBC (NYSE: HSBC) has launched HSBC Trade Solutions (HTS) to customers in its two largest markets – the UK and Hong Kong. Whilst making trade simpler, faster, and safer for customers through integrated digital journeys, HTS will “power commerce that is rapidly evolving across different… Read More

October 6, 2022 @ 8:30 pm By Omar Faridi  |  

Hong Kong Exchange & Clearing Limited (HKEX) is pleased to announce that Mr. Mark Carr has “joined the Group as Managing Director and Chief Enterprise Architect.” In his new role, Mr. Carr will “help ensure HKEX’s vision to build the Marketplace of the Future is… Read More

October 3, 2022 @ 10:06 pm By Omar Faridi  |  

PwC Hong Kong announces the signing of a collaboration agreement with TerraZero Technologies, Inc. With offices in Vancouver and Los Angeles, TerraZero brings together specialists and entrepreneurs “from blockchain, web3, design, programming, entertainment, marketing and finance backgrounds.” PwC and TerraZero are “devising a go-to-market strategy… Read More

October 2, 2022 @ 11:17 pm By Omar Faridi  |  

livi bank, Hong Kong’s lifestyle-driven virtual bank, is launching Travel Now, a simple and easy-to-apply travel insurance plan “to meet the needs of its Hong Kong customers as they decide to travel amid the relaxation of COVID-19 quarantine rules.” This is livi’s first general insurance… Read More

September 26, 2022 @ 11:18 am By JD Alois  |  

The Hong Kong Monetary Authority (HKMA) has posted details of its “Pilot Scheme on Training Subsidy for Fintech Practitioners.” Hong Kong has long been a top global financial center so the pursuit of FIntech innovation makes a lot of sense. Recently, one measure indicated that… Read More

September 20, 2022 @ 11:10 pm By Omar Faridi  |  

The BIS Innovation Hub’s Hong Kong Centre and the Hong Kong Monetary Authority have introduced Project Dynamo, which aims “to deliver a prototype for the compliant use of decentralized finance (DeFi) tools, such as blockchain and smart contracts, to improve access to finance for unfunded… Read More

August 25, 2022 @ 10:10 am By Omar Faridi  |  

Standard Chartered announced that it has invested funds in Hong Kong-based KYC, KYB and data management platform with the aim of “accelerating the company’s product development and boosting its sales organization – both to meet the increasing demand of the global identity verification market for… Read More

August 21, 2022 @ 8:02 pm By Omar Faridi  |  

The team at Gemini are pleased to announce the launch of Gemini Staking, which allows you to seamlessly “receive staking rewards in [their] Gemini account.” As of August 18, you may “start staking MATIC on the Polygon network.” Ethereum (ETH), Solana (SOL), Polkadot (DOT), and… Read More