Tagged: hong kong

September 9, 2016 @ 4:07 pm By Samantha Hurst  |  

Earlier this week, chief executive of the Hong Kong Monetary Authority, Norman T.L. Chan, announced the organization is set to collaborate with the Applied Science and Technology Research Institute (ASTRI) to set up its own Fintech Innovative Hub. Chan revealed that the Fintech Innovation Hub… Read More

September 6, 2016 @ 3:57 am By Erin Hobey  |  

The Hong Kong Monetary Authority (HKMA) has unveiled a series of policy initiatives for banks to embrace technology, and changed the city’s tax regime to attract corporate treasury departments, as it sharpens its edge to compete with Singapore and Tokyo as Asia’s financial centre, reported… Read More

August 30, 2016 @ 2:51 pm By Samantha Hurst  |  

On Tuesday, crowdfunding giant Kickstarter announced Hong Kong and Singapore project creators may now launch campaigns on its funding portal. This news comes nearly one month after the Kickstarter team revealed their plans for the two countries. ? Creators in Singapore & Hong Kong can… Read More

August 5, 2016 @ 8:36 am By Erin Hobey  |  

Fresh after announcing its foray into Singapore, Kickstarter is expanding to Hong Kong this month, reported the South China Morning Post, aiming to launch by the end of August. A banner greets future backers on Kickstarter’s new Hong Kong website. Two key rivals of Kickstarter already crowdfunding… Read More

July 5, 2016 @ 2:21 pm By JD Alois  |  

LendIt and AMTD Group, a diversified financial service firm based in Hong Kong, have announced they are joining together to host the “first” Global Fintech Investment Summit in Hong Kong later this month. LendIt stated that over 80 Asian investors and 35+ international fintech companies… Read More

June 7, 2016 @ 8:41 pm By JD Alois  |  

Lendit is expanding its portfolio of activities this year by launching Lang Di Fintech, their inaugural Chinese conference.  Lang Di means “enlighten” or “inspiration” thus representing the future of finance in the largest Fintech market in the world. Lang Di Fintech will take place in… Read More

March 16, 2016 @ 11:03 am By JD Alois  |  

The Asia-Pacific Alternative Finance Benchmarking Report has just been published and it highlights the largest region in the world for disruptive finance. Entitled, “Harnessing Potential”, this is the first report for the region and has been created by a partnership of researchers, including the Cambridge… Read More

March 8, 2016 @ 2:29 am By Midori Yoshimura  |  

Israel’s fintech scene is a can’t-miss these days. As a recent example, Chinese venture capital firm Pando Group has invested US$2 million (HK$15.53 million) in Israeli financial technology (fintech) hub The Floor in Tel Aviv, notes the South China Morning Post. The funds support the creation of… Read More

March 3, 2016 @ 6:57 am By Erin Hobey  |  

Thomson Reuters,  a leading source of global news and information for professional markets, announced its partnership with FinTech accelerator SuperCharger to bring technology and market data access to FinTech firms undergoing its Hong Kong based program. “Hong Kong continues to be a leading and dynamic… Read More

March 2, 2016 @ 11:17 am By JD Alois  |  

As Fintech heats up around the world, a growing number of government’s are looking for ways to engender a vibrant Fintech entrepreneurial ecosystem.  Finance is a profoundly important industry and the entire sector is quickly moving online.  While the UK is broadly viewed as the… Read More

February 15, 2016 @ 10:25 am By Samantha Hurst  |  

Earlier this month, crowdfunded brewery, BrewDog, announced the opening of its new location in Hong Kong. The “temple of craft beer” is located at 19 Hollywood Road. The new location will have 14 craft beer from the BrewDog itself along with a number of specially-selected brews… Read More

February 5, 2016 @ 12:16 am By JD Alois  |  

  Fundnel (pronounced like Funnel) is one of several investment crowdfunding platforms that have launched in Singapore over the past year. But even though there are a growing number of sites entering the internet finance space, Fundnel claims the title of Asia’s first collaborative fundraising platform… Read More

January 12, 2016 @ 9:30 am By Benjamin Twoon & Justin Chow  |  

Southeast Asia (SEA) represents a burgeoning regional economy comprising of 11 countries with a consolidated GDP of US$2.57 trillion (that’s approximately 15% the size of the US economy), and a combined population of 620 million people. It’s no wonder that there’s a buzz around the… Read More

December 23, 2015 @ 12:30 pm By JD Alois  |  

Exploding “Hoverboards” are everywhere in the news these days. Craptaculous products by manufacturers with questionable quality control have placed the entire sector under scrutiny.  Recently an apartment in Hong Kong was torched by a combusting Hoverboard leaving residents homeless. The Lithium battery “exploded several times”…. Read More

December 22, 2015 @ 1:51 pm By Elena Mikhaylova  |  

Crowdfunding continues to grow globally. The largest rewards platform, Kickstarter, has hosted close to 100,000 successfully funded projects and has assembled a community of almost 10 million backers. It has been aggressively expanding internationally this year. Some studies suggest that most of the growth in… Read More

December 22, 2015 @ 9:22 am By Erin Hobey  |  

15.5% of digitally active consumers currently use financial technology products Payment services are the most popular product offering Users are younger, wealthier and increasingly urban With 29.1%, Hong Kong has the highest rate of FinTech use of all surveyed markets  “Higher-income individuals are some of the… Read More

December 17, 2015 @ 12:09 pm By JD Alois  |  

Monexo is a Hong Kong based peer to peer lending platform that seeks to provide financing to SMEs in the region. Founded by Mukesh Bubna, a long-time Citibank executive, Bubna recently commented on the investigation into Ezubo – a China-based peer to peer lender.  Ezubo (sometimes spelled… Read More

December 12, 2015 @ 11:00 am By JD Alois  |  

Internet juggernaut Alibaba opened their wallet a tiny bit and purchased the assets of the South China Morning Post (SCMP) last week. The company stated it was a strategic move in recognition of providing insight into one of the world’s largest economies. One of the… Read More

November 17, 2015 @ 9:26 am By JD Alois  |  

CrowdPlus.Asia is the first, of the approved platforms, to launch in Malaysia – and across multiple Asian markets. CrowdPlus.asia will focus on the ASEAN market, having established a presence in Malaysia, Thailand and Vietnam, as well as mainland China and Hong Kong where there is a number… Read More

October 21, 2015 @ 12:54 pm By Samantha Hurst  |  

Bondora, a pan-European marketplace lender, opens to accredited investors from the United States, Canada, Mexico, Brazil, South Africa, India, Hong Kong, Singapore, Japan and Australia. The platform now allows global accredited investors to invest directly into personal unsecured loans across three European markets including Spain,… Read More