Tagged: hong kong

August 6, 2015 @ 11:50 am By Samantha Hurst  |  

Burford Capital, a global finance and professional services firm focused on law, announced on Thursday its launch in Hong Kong and the formation of a new Burford Asia Advisory Board. Burford’s launch in Hong Kong positions it to meet growing demand for litigation and arbitration… Read More

August 4, 2015 @ 12:18 pm By JD Alois  |  

Scott Picken is based in South Africa but he clearly thinks big when considering the addressable market for his real estate crowdfunding platform Wealth Migrate. It is his opinion that banking, insurance, real estate – basically all aspects of finance –  will be revolutionized by… Read More

April 21, 2015 @ 9:20 am By Erin Hobey  |  

John Tsang, the Financial Secretary of Hong Kong, stated China would be “an ideal place” to develop into a financial technology hub; venture capitalists are increasingly seeing the potential for fintech investment opportunities in Hong Kong, according to a release. Herman Lam, CEO for the creative digital community… Read More

March 30, 2015 @ 10:02 am By Erin Hobey  |  

The Chinese government announced the establishment of the Steering Group on Financial Technologies to advise the Government on how to develop Hong Kong into and promote Hong Kong as a Fintech hub. The initiative to set up the Steering Committee was announced in the Financial… Read More

February 27, 2015 @ 9:25 am By JD Alois  |  

  Media conglomerate TOM Group is moving into the online finance space.  The entity, controlled by Hong Kong tycoon Li Ka-shing, is set to expand its ecommerce operation, Ule, into peer to peer lending and online banking in an “aggressive” push via a partnership with… Read More

February 9, 2015 @ 1:47 pm By Erin Hobey  |  

Monexo recently launched its peer-to-peer (P2P) lending platform in Hong Kong.  Co-founder, Mukesh Bubna, enters the space with 20 years experience in consumer banking throughout Asia,  including 18 years at Citibank in Asia where he spent 10 years in product and marketing. Prior to that he was CFO, and… Read More

February 9, 2015 @ 11:06 am By Samantha Hurst  |  

On Monday (February 9th), CoinDesk announced that Hong Kong bitcoin exchange, MyCoin, has allegedly shut down and even took off with as much as $386 million in investor funds. The situation came to light on Friday when nearly 30 people claimed to be victims of the… Read More

January 30, 2015 @ 8:49 am By Midori Yoshimura  |  

  Hong Kong could shine along the lines of the U.S. and London as a solar finance hub, if it weren’t for the city’s financial laws, writes Bryane Michael, senior fellow at the University of Hong Kong law faculty’s Asian Institute for International Financial Law,… Read More

January 19, 2015 @ 1:23 pm By Samantha Hurst  |  

New Hong Kong and Shanghai-based crowdfunding platform Kliptap is ready to become the ultimate funding tool for social causes in Asia. According to e27, Kliptap recently became a graduate from Chinaccelerator’s batch VI and received $30,000 in funding for 6% in equity. The new platform… Read More

January 17, 2015 @ 10:58 am By Samantha Hurst  |  

With only 18 more days until the crowdfunding campaign of their new film Preschooled Preoccupied Preposterous comes to an end, award-winning cinematographer Christopher Doyle and producer Jenny Suen sat down with Kickstarter to share details about his latest project. Doyle wrote on the campaign’s website,… Read More

January 8, 2015 @ 11:55 pm By JD Alois  |  

Hong Kong’s first peer to peer lending platform WeLend has now closed a Series A funding round topping off at $20 million. The funding round was originally started in June when WeLab raised $14 million.  The additional $6 million was just added as new investors… Read More

December 23, 2014 @ 1:27 pm By Erin Hobey  |  

KBBEX, a Hong Kong-based Bitcoin Exchange Platform, has formed a strategic partnership with the Taiwanese Bitcoin Platform BitoEX, to supply bitcoins in more than 5000 convenience stores located in Taiwan. Consumers may now buy bitcoins at all FamilyMart convenience stores in Taiwan. The alliance enables the development… Read More

December 4, 2014 @ 10:22 am By Samantha Hurst  |  

Earlier this week, Crazybaby, a Hong Kong-based audio company focused on the intersection of emotion, sound and devices, announced the launch of its crowdfunding campaign on Indiegogo for its levitation speaker system with a subway, Mars. Set to raise $100,000 the project immediately surpassed the initial… Read More

November 19, 2014 @ 4:49 pm By Samantha Hurst  |  

On Wednesday morning (November 19th), Finland-based, Jolla, launched an Indiegogo crowdfunding campaign to raise $380,000 for its new self-titled tablet. The unique tablet has been dubbed by the company as the world’s “first crowdsource tablet” to surface. Within only hours of its debut on the… Read More

September 18, 2014 @ 11:07 pm By Getty Goh  |  

Crowdfunding is a burgeoning field in many parts of Asia. In comparison, crowdfunding in places like the United States has been around for a longer time. While the United States relaxed regulations on investment-based crowdfunding in 2012 (via the JOBS Act), rewards- based sites like… Read More

May 31, 2014 @ 9:05 am By JD Alois  |  

At the recently held MIXii Israel Innovation Conference, that took place in Tel Aviv on May 20-22nd, government representatives from China and Hong Kong participated in the forum seeking a stronger relationship with the country. One group was championed by InvestHK, whose objective is to… Read More

May 16, 2014 @ 6:46 pm By JD Alois  |  

In a recent article in the South China Morning Post, shared the challenges of the BigColors equity crowdfunding platform.  BigColors was launched in November 2013 as a combined crowdfunding site with a trading feature.  Investors could actually use the site and trade shares in these… Read More

May 7, 2014 @ 11:16 am By Samantha Hurst  |  

InvestingZone, the equity crowdfunding platform, has announced it will be helping award-winning online dating site, Lovestruck.com, raise growth-capital to fuel its ambitious international expansion plans. The company is looking to raise around £800k from both existing and new investors so that it can focus on expanding… Read More

May 1, 2014 @ 6:18 am By Samantha Hurst  |  

Exciting news for the online jewelry store Rare Pink. The company, who launched its crowdfunding campaign on Seedr, raised well over its £100,000 goal. Rare Pink is an online retailer of custom designed diamond jewelry and engagement rings that are traded from London and Hong… Read More

November 5, 2013 @ 11:08 am By Charles Luzar  |  

Crowdfunding has yet to take off in Asia like it has in the US, Europe and Australia. Having said that, two recent pieces of news involving Hong Kong-based crowdfunding platforms suggest that entrepreneurs are increasing their efforts at mobilizing capital in Asia via crowdfunding. These… Read More