Tagged: mox bank

Hong Kong’s Mox Bank and Wise Platform to Introduce Low-Cost and Transparent Global Payments

Mox has partnered with Wise Platform in order to launch low-cost and transparent international payments. Wise (LSE:WISE) confirmed in a blog post that it is launching its new collaboration with Mox Bank Limited, a virtual bank in Hong Kong. With this integration, Mox customers can… Read More

Digital Banking: Hong Kong’s Mox Bank “Redefines” Savings by Offering Instant Asia Miles with Time Deposit

Mox Bank Limited announced that customers can now earn Asia Miles instantly upon placing a Time Deposit “without waiting until maturity.” Mox claims that it is the first and “only” bank in Hong Kong to “offer such a reward, allowing customers to use Asia Miles… Read More

Mobile Banking Apps Could be Next Battlefield for Hong Kong based Digital Banks: Survey

The Mobile Banking Benchmark 2021 survey reveals that Hong Kong-based digital banks Mox and Livi stood out as the leading local platforms, though there’s overall a gap between Asian and European service providers. The survey has been carried out by management consulting company Sia Partners… Read More

Board of Mox Bank Ltd Confirms Appointment of Barbaros Uygun as CEO of Mox

The Board of Mox Bank Limited has confirmed the appointment of Barbaros Uygun as the  Chief Executive Officer of Mox and Executive Director of the Board “with effect from 27 September 2021.” After establishing a solid foundation for Mox over the past 3 years, Deniz… Read More

Interest-Free Early Payday Option Introduced by Hong Kong’s Digital Banking Platform ZA Bank

Hong Kong-based digital bank ZA Bank has introduced “Salary FastPass,” which is an interest-free early payday option in Asia that lets people access their monthly salary up to 7 days in advance. ZA Bank‘s management noted that the Salary FastPass option aims to give employees a… Read More

Digital Banking: Hong Kong’s Mox Bank Introduces Buy Now Pay Later Service via its Max Credit Product

Hong Kong-based digital bank Mox has introduced a new Buy Now, Pay Later (BNPL) service via its Mox Credit product, called “Split purchase.” Mox Credit clients are able to split their eligible or qualified transactions of HKD 400 or more into more manageable, equal monthly… Read More

Digital Banking: Hong Kong’s ZA Bank and Mox Account for Around 70% of Region’s Virtual Banking Customer Deposits

ZA Bank and Mox are reportedly leading Hong Kong’s digital bank market,  accounting for around 70% of all virtual banking customer deposits (as of the end of last year). This, according to a report from Reuters that referenced annual reports from banks in the city…. Read More

Hong Kong’s Mox Bank, a New Digital Lending Platform, Plans to Double Client Base During 2021

Mox Bank, the digital lending platform that’s backed by Standard Chartered, is reportedly planning to double its client base in 2021. Mox Bank has already managed to surpass 100,000 account holders within 8 months since its launch. This, according to company CEO Deniz Guven. As… Read More

The Eight Virtual Banks of Hong Kong

Hong Kong as jurisdiction was slow out of the gate when it came to Fintech innovation. But this initial hesitancy was soon made up by a dedicated public-private partnership determined to establish Hong Kong as a top Fintech hub – a successful move. InvestHK, a… Read More

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