Tagged: hong kong

March 12, 2018 @ 4:00 am By JD Alois  |  

GTR Ventures, an investment and venture platform that is specializing in the global trade and supply chain financing sector, has announced investments in five Fintechs based in the UK and Asia: Tradeteq, Trade Finance Market, Culum Capital, eFundSME and Incomlend. Launched in September 2017 with… Read More

March 9, 2018 @ 8:23 am By Samantha Hurst  |  

The Hong Kong Monetary Authority (HKMA) announced on Friday it has signed a Memorandum of Understanding (MoU) with the Polish Financial Supervision Authority (KNF) exchanged a Memorandum of Understanding (MoU to enhance fintech collaboration between the two authorities, with a view to strengthening co-operation between… Read More

February 10, 2018 @ 8:26 am By JD Alois  |  

The Hong Kong Monetary Authority (HKMA) has released a revised “Guideline on Authorization of Virtual Banks” as part of a public consultation. Hong Kong, initially slow to embrace the Fintech revolution, has since increased their innovative velocity in financial services. The HKMA welcomes digital challenger… Read More

February 10, 2018 @ 8:03 am By Xu Gao  |  

WeChat Bans 1,000+ “Cash Loans” Mini Programs On February 6, WeChat released an official announcement about its ongoing move to clear up illegal mini programs (or mini apps) on its platform. According to the announcement, WeChat has permanently banned over 1000 “cash loans” mini programs… Read More

February 9, 2018 @ 5:42 pm By JD Alois  |  

  The Hong Kong Securities and Futures Commission (SFC) has issued another alert regarding the risks of investing in initial coin offerings (ICOs) and dealing with cryptocurrency exchanges. Last fall, the SFC fired a shot across the bow of ICO issuers stating certain ICOs may… Read More

February 7, 2018 @ 12:19 pm By JD Alois  |  

Gifto is partnering with conceptual artist Kevin Abosch to create a unique crypto-artwork, called “The Forever Rose”. The project is said to be designed to stimulate a deeper discussion on the state of the cryptocurrency and Blockchain industry. Abosch is best known for creating and selling… Read More

February 1, 2018 @ 8:36 am By Erin Hobey  |  

Hong Kong’s Financial Services and the Treasury Bureau (FSTB) and the Investor Education Centre (IEC), a subsidiary of the Securities and Futures Commission (SFC), jointly launched a public education campaign today on the risks associated with ICOs and cryptocurrencies. The campaign aims to provide the… Read More

February 1, 2018 @ 7:49 am By Samantha Hurst  |  

Australia-based cybersecurity provider Entersoft announced on Thursday it was named Fintech Startup of the Year and Outstanding Application Security Solutions Provider at the 2018 Fintech Awards. Founded in 2013, Entersoft describes itself as an application security startup with a philosophy of Security By Design and DevSecOps…. Read More

January 31, 2018 @ 3:46 pm By Samantha Hurst  |  

Checkbox, an Australia-based fintech platform, was named Best in Show following a live pitch competition at this year’s Next Money Fintech Finals. The competition was part of the 2018 StartmeupHK Festival in Hong Kong. According to the competition’s organizers, a total of 22 startups from around… Read More

January 26, 2018 @ 1:18 pm By JD Alois  |  

BnkToTheFuture, an online investment platform based in Hong Kong, has announced a partnership with Polymath to improve liquidity for investors. Polymath is a launch pad for issuers to easily list security tokens by connecting them with developers, legal delegates, and KYC/AML verifiers. The new partnership is… Read More

January 24, 2018 @ 8:54 am By JD Alois  |  

Swiss Federal Councillor Ueli Maurer and Carrie Lam, Chief Executive of Hong Kong SAR, had a meeting in Bern, Switzerland this week to discuss bilateral cooperation regarding financial markets – including the development of Fintech. The outcome of the meeting was the signing of several… Read More

January 20, 2018 @ 6:58 pm By Xu Gao  |  

China’s first online centralized personal credit database is on the way Earlier this month, People’s Bank of China formally accepted the license application of Baihang Credit Investigation Ltd. Led by the National Internet Finance Association of China, Baihang will be China’s first online centralized personal… 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

January 14, 2018 @ 9:20 am By JD Alois  |  

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

January 8, 2018 @ 11:14 am By JD Alois  |  

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

December 28, 2017 @ 8:48 am By JD Alois  |  

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

December 26, 2017 @ 1:29 pm By Samantha Hurst  |  

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

December 24, 2017 @ 7:33 am By JD Alois  |  

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

December 23, 2017 @ 11:42 am By JD Alois  |  

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

December 22, 2017 @ 9:32 am By JD Alois  |  

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