Tagged: tencent holdings

ZA Bank Ltd., first of Hong Kong’s Upcoming Digital Banks, to Offer Huge 6% Special Rate on All Deposits

The first of Hong Kong’s upcoming group of virtual banks has confirmed its launch with a 6% special introductory rate on all deposits. ZA Bank Ltd., which is notably one of eight companies planning to establish digital-only banking services in Hong Kong, has launched a… Read More

Asian Fintech Firm Ant Financial Ranked China’s Fifth Most Valuable Private Company

Asian Fintech firm Ant Financial, a subsidiary of e-commerce giant Alibaba (NYSE:BABA), has reportedly been ranked China’s fifth most valuable privately-held company. According to an inaugural rankings report released by Hurun, which is primarily known for publishing China’s list of wealth individuals, Ant Financial is… Read More

Australia Fintech Startup Airwallex Secures $13 Million USD During Series A Funding Round

Aussie fintech startup Airwallex announced on Monday it has secured $13 million USD through its latest Series A funding round. Participants of the round included Sequoia Capital China, Mastercard, and Tencent Holdings. Founded in 2015, Airwallex is described as a foreign exchange market that makes… Read More

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