Tagged: hong kong

September 21, 2017 @ 10:31 am By JD Alois  |  

Fintech Bridge is Topic of Focus The UK government will host a “GREAT Festival of Innovation” in Hong Kong to showcase UK innovation and technology to the world. The announcement was shared by International Trade Secretary Dr Liam Fox today. Total bilateral trade between the UK… Read More

September 21, 2017 @ 7:28 am By JD Alois  |  

The Financial Conduct Authority (FCA) has entered into a co-operation agreement with the Hong Kong Insurance Authority (IA) designed to enhance collaboration in supporting Fintech innovation.  The FCA explains the agreement includes information sharing and mutual referrals of Fintech firms looking to enter into either… Read More

September 19, 2017 @ 9:13 pm By JD Alois  |  

Following their expansion into Malaysia, SuperCharger Fintech Accelerator has scheduled its inaugural launch day event for September 26th in Kuala Lumpur. Organizers report that after reviewing over 100 applications, entries have been narrowed down to 10 promising Fintech startups. The event will see SuperCharger representatives… Read More

September 18, 2017 @ 2:57 pm By Samantha Hurst  |  

Hong Kong-based fintech startup WeLab has revealed it is set to launch in Southeast Asia within the next year. According to Dealstreet Asia, the mobile lending platform is currently looking into strategic partnerships in the region and is expected to roll out products by 2018’s first… Read More

September 14, 2017 @ 7:47 am By JD Alois  |  

Securities Commission Malaysia (SC) has released a statement on the recently signed cooperation agreements with major financial centers. These “Fintech bridges” are described as a move to spur greater cooperation in facilitating and regulating innovations emerging within the digital finance industry. Recently, SC has established… Read More

September 13, 2017 @ 8:42 am By JD Alois  |  

Wish Finance, based in Singapore, has announced the launch of its blockchain-based lending platform for small and medium businesses. The company has reportedly issued 100+ loans in 2017 during a soft launch with every loan successfully repaid and 0% default rate. Wish Finance plans to… Read More

September 6, 2017 @ 12:25 am By JD Alois  |  

Hong Kong has released a statement on the use of initial coin offerings (ICOs) warning issuers and platforms alike that certain ICOs may be deemed securities and thus fall under existing securities laws. The Securities and Futures Commission (SFC) said it has noticed an increase in… Read More

September 5, 2017 @ 12:07 pm By Samantha Hurst  |  

On Monday, Arrow Electronics (NYSE: ARW) announced the expansion of its Arrow Open Lab in Hong Kong and its new technology lab with partner and crowdfunding platform Indiegogo.  According to Arrow, Hong Kong-based tech startups will have access to invaluable design-for-manufacturing support and go-to-market resources from Arrow and Indiegogo… Read More

September 4, 2017 @ 11:17 pm By JD Alois  |  

CoAssets Limited (ASX: CA8), an online crowdfunding platform based in Singapore, has announced two items designed to fuel the company’s next phase of growth as it seeks to transform into an “online financial institution” and to create a more diversified credit landscape. CoAssets has entered… Read More

August 31, 2017 @ 4:45 pm By Samantha Hurst  |  

On Thursday, Hong Kong-based payments and cryptocurrency platform Monaco announced the launch of its new mobile app, which gives users a simplified way to buy, spend, and earn cryptocurrency cashback on all transactions. While sharing details about the app, Kris Marszalek, co-founder and CEO of Monaco, stated: “We… Read More

August 28, 2017 @ 9:05 am By JD Alois  |  

The Dubai Financial Services Authority (DFSA) and the Securities and Futures Commission (SFC) in Hong Kong have signed an agreement to cooperate on Fintech innovation. The two public entities said the agreement will further strengthen the efforts of both authorities to develop an innovations-friendly ecosystem… Read More

August 17, 2017 @ 11:17 pm By JD Alois  |  

Singapore has worked hard to gain, and retain, the crown of Asian Fintech Hub and you can guarantee it won’t give it up without a fight. There are several countries that are in the race. Recently both Australia and Hong Kong have staked a claim… Read More

August 14, 2017 @ 10:11 pm By JD Alois  |  

Hong Kong based SuperCharger, a Fintech accelerator program, has expanded its footprint into Malaysia. SuperCharger has partnered up with Standard Chartered, Allianz and Malaysia Digital Economy Corporation to launch their 12 week program in Kuala Lumpur. SuperCharger is accepting applicants now with a deadline of… Read More

July 14, 2017 @ 8:21 am By Timothy Li  |  

Hong Kong AMTD-LendIt Conference officially kicked off today in one of the most metropolitan cities in the world, Hong Kong, China. This town, considered as one of the busiest financial centers of the world is now on the brink of another step in this city’s… Read More

July 10, 2017 @ 2:32 pm By Samantha Hurst  |  

On Monday, Stripe announced it is officially launching its services in Hong Kong. The payments startup revealed that local companies can now access the full Stripe features such as Stripe Radar, Connect with Custom accounts, and 3D Secure support. “While in preview, we’ve been able to work with many of the fastest-growing… Read More

July 9, 2017 @ 1:48 pm By Timothy Li  |  

After an exhausting flight from LAX to Hong Kong, I was greeted by friendly staff at LendIt China, also known as Lang Di Conference, at one of the busiest airports in the world. The amount of logistics communication from Bo Brustkern, Chairman at Lang Di… Read More

July 8, 2017 @ 9:12 am By Xu Gao  |  

Ant Financial Brings Artificial Intelligence to Auto Insurance On June 27th, The Alibaba Group financial affiliate rolled out an artificial intelligence-driven, image-recognition system to aid vehicle insurance claims adjusters in operating faster and more efficiently. In its demonstration in Beijing, Ant pitted man against machine,… Read More

July 5, 2017 @ 1:26 pm By JD Alois  |  

A Discussion with Charles d’Haussy, Head of Fintech, InvestHK. Hong Kong has been a definitive leader in global finance and trade for many decades. Yet when it comes to Fintech, embracing financial innovation has been slower than some other centers of alternative finance. But recently Hong… Read More

July 3, 2017 @ 6:59 am By Erin Hobey  |  

The Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (Qianhai Authority) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) entered into a new partnership to further develop and promote closer investment and financial innovation opportunities and collaborations for… Read More

June 28, 2017 @ 5:42 am By JD Alois  |  

Yesterday there was a well attended event in Hong Kong to announce the launch of the FinTech Association of Hong Kong (FTAHK). The FTAHK is an independent, not-for-profit, member-driven organisation that is now the voice of the Fintech community in Hong Kong. Members range from Fintech… Read More