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461

Infographic: Ecommerce in Hong Kong

Ecommerce in Hong Kong is rapidly improving, with the latest market size showing consistent growth and average spend per user is also up. A whole 80% of all consumers now transact or research online. A lot of consumers in Hong Kong looks online to find the material of need and the frequently habit of shopping will maybe surprise. (more…)

Global trends, Hong Kong

March 24, 2017

434

Government has Implemented Initiatives to Promote Fintech Application

by 

Secretary for Financial Services & the Treasury Prof KC Chan says the Government has implemented initiatives to promote fintech application, investment and development in Hong Kong. (more…)

About, Fintech news, Government activities, Hong Kong

February 16, 2017

1025

Everything You Need to Know About Hong Kong’s FinTech Ecosystem: Startups, Regulators, Investors and Accelerator Programs

By LTP

Why Hong Kong?

Charles d’Haussy, the Head of FinTech at Invest Hong Kong (InvestHK), gave a perfect answer to our question, saying, Hong Kong has all the ingredients to be the global and regional FinTech hub. (more…)

About, Accelerators/Incubators/Labs, Fintech news, Government activities, Hong Kong

February 16, 2017

488

Hong Kong Financial Markets Authority Joins R3 to Test Blockchain Transactions

By Samburaj Das for CryptoCoins News

The Securities and Futures Commission, an independent statutory authority that regulates the securities and futures markets in one of the world’s major financial hubs in Hong Kong is joining the R3-led financial blockchain consortium. (more…)

Blockchain, Fintech news, Government activities, Hong Kong

February 14, 2017

507

HSBC to stir up local rivalry with launch of P2P payments app in Hong Kong

By Finextra

HSBC is to launch a P2P mobile payment app in Hong Kong in early 2017, taking on established market operator Jetco. (more…)

Banks, Cashless, Fintech news, Hong Kong, p2p-payments

January 13, 2017

768

Top 9 Wealthtech Startups in Singapore and Hong Kong

By

Over the last years, the growth of fintech has gained significant momentum globally, attracting US$19.1 billion in investment in 2015 alone. In Asia, fintech funding reached an all-time high, quadrupling 2014 total with US$4.54 billion in investment across 130 deals, according to a report by CB Insights and KPMG. (more…)

About, Hong Kong, PFM/PFP services, Singapore

December 23, 2016

639

Hong Kong neo bank Neat moves into beta testing

By Finextra

Neat provides a mobile current account targeting university students and young professionals. (more…)

Fintech news, Hong Kong, Mobile-first banks

December 2, 2016

626

Alibaba’s Ma proposes collaboration in fintech sector

By Daniel Ren for 

Jack Ma, chairman of Alibaba Group, offered an olive branch to other financial technology (fintech) organisations on Saturday as he advocated a concerted effort to tap the huge potential of China’s digital banking sector. (more…)

About, Banks, China, Fintech news, Hong Kong, SME

November 28, 2016

1366

Which Are the Top 3 Hottest FinTech Hubs Worldwide?

By Elena Mesropyan for LTP

While we have been brushing through the world’s hottest FinTech hubs, we haven’t really looked at them in a comparative manner. Meanwhile, every hub is unique and carries hallmarks of its history of growth and development affected by distinctive forces. Those forces shape unique strengths and weaknesses and determine the course of future development and types of innovations that will be bred in a particular hub. (more…)

Fintech news, Government activities, Hong Kong, Hotnews, Marketing Report, Singapore

November 26, 2016

539

Winners of Singapore Semi-final and More, Ready To Compete At Fintech Finals 2017

By

13 different startups competed last  for a cash prize of USD$2,000 and the opportunity to compete in the Fintech Finals 2017 in Hong Kong to take place on January 18th and 19th. (more…)

Fintech news, Hong Kong, Hotnews, InspirAsia, Singapore

November 21, 2016

570

How Singapore and HK are accelerating the growth of their fintech ecosystems

By Yon Heong Tung for e27

As two countries with high stature in the global financial sector, Singapore and Hong Kong are equally renowned for pushing the envelope of financial technology (though not in equal measure). (more…)

About, Fintech news, Government activities, Hong Kong, Singapore

November 14, 2016

730

Online remittance startup Toast raises $1.5m to be a bank for migrant workers

By  for TechInAsia

Online remittance startup Toast had a goal: it wanted to help migrant workers in Asia send money back home. This way, they wouldn’t have to deal with exorbitant remittance fees, queues at money transfer operator outlets, and long transfer times. (more…)

Deals, Fintech news, Hong Kong, Mobile-first banks, Remittances, Singapore

November 10, 2016

512

Hong Kong’s welcome mat to fintech start-ups looks worn

By  for Financial Times

Some months ago, when Joe Tsai of Alibaba addressed a seminar in Hong Kong on his firm’s financial strategy, the first hand that shot up when he invited questions belonged to a Hong Kong insurance regulator. “You say you are interested in internet insurance,” the bureaucrat said. “I want to make sure when you come to Hong Kong, you get a proper licence.” (more…)

About, Fintech news, Government activities, Hong Kong, Singapore

November 9, 2016

579

Hong Kong: An Emerging FinTech Destination

By LTP

Hong Kong is quickly establishing itself as one of the hubs of FinTech revolution worldwide. The former British colony has transformed to one of the world’s most significant financial centers and consistently ranks as the most competitive and laissez-faire economy in the World Competitiveness Yearbook. Hong Kong has evolved into a global finance hub with the presence of 70 banking conglomerates. As one of the traditional big financial capitals in the world, Hong Kong provides an opportunity for financial technology to gain traction in the local market. Global trends like Brexit are creating a conducive environment for HK to market itself as the new destination for FinTech innovation instead of London and other Western cities. (more…)

Global trends, Government activities, Hong Kong

October 17, 2016

486

By LTP

Without a doubt, the FinTech center of gravity is Asia. Recently, KPMG has tracked FinTech investment across three regions. Whilst North American and European FinTech investments decreased in Q1 of 2016, investments in Asia grew by 20%, amounting to a total of US$2.7 billion. At the heart of this market is SuperCharger, Hong Kong’s leading FinTech accelerator that is currently taking applications (deadline is October 20th) and has partnered with Let’s Talk Payment for media and startup discovery. The SuperCharger team is currently in Bangalore for its roadshow and will hold a networking event at 6pm (registration here) looking for the best start-ups and minds in FinTech. (more…)

Fintech news, Global trends, Government activities, Hong Kong, InspirAsia

October 14, 2016

679

Three Reasons Why Asia Will Be The Hottest InsurTech Market

By George Kesselman for Forbes

If I could charge a dollar every time someone asked me this year, “George, what’s the latest and ‘hottest’ InsurTech [Insurance Technology] startup in Asia?” I would have probably saved enough to buy the much anticipated upcoming MacBook Pro! (more…)

Hong Kong, Hotnews, InspirAsia, Insurance, Singapore

October 11, 2016

635

Hong Kong’s TNG Wallet Unveils Plans to Go Global

By LTP

HONG KONG, Oct 3, 2016 – (ACN Newswire) – TNG Wallet (“TNG”), Hong Kong’s leading e-wallet, held its TNG 3.0 product launch and press conference on September 27 at the Hong Kong Convention & Exhibition Centre. (more…)

eWallets, Fintech news, Hong Kong, Mobile payments/banking, p2p-payments, POS/mPOS and online acquiring, Remittances, SME

October 8, 2016

709

Fintech hubs go under the microscope

By Finextra

London, Singapore, New York, Hong Kong and Silicon valley have been ranked as the world’s top fintech hubs, although specialist niches are emerging in Belgium, Ireland, and Shanghai, according a report by Deloitte. (more…)

Analytics, Global trends, Hong Kong, Hotnews, Marketing Report, Singapore

September 28, 2016

1576

Hong Kong to get new mobile bank

By Finextra.com

Neat, a mobile banking startup in Hong Kong that blends machine intelligence with biometric security, has opened its waiting list to university students and young professionals with a view to a Q2 2016 launch. (more…)

Banks, Fintech news, Hong Kong, Mobile-first banks

March 21, 2016

2373

Golden Gate Ventures: the upcoming rise of M&A in ASEAN

By Liz Lee for DealstreetAsia Magazine,

Singapore-based early-stage venture capital firm Golden Gate Ventures foresees the pace of mergers and acquisitions (M&As) in Southeast Asia catapulting, as more institutional funds, protectionists economic policies and global funds look to expand their footprint in the region. (more…)

Analytics, Fintech news, Hong Kong, Indonesia, InspirAsia, Malaysia, Myanmar, Philippines, Singapore, Vietnam

March 1, 2016

1368

Hong Kong robusts its fintech ecosystem

By Joseph Bradley for cryptocurrencynews.com

HK$17B has been pledged by the financial secretary of Hong Kong to begin building the key infrastructure necessary to support a thriving Fintech and tech center in the city. (more…)

Blockchain, China, Fintech news, Hong Kong

February 29, 2016

1335

HK Government goes all in on fintech

Hong Kong’s financial secretary John Tsang Chun-wah reserved a special mention for fintech in his budget speech on Wednesday, promising to pump cash into the startup ecosystem and create a dedicated space to support up to 150 new financial technology companies over the next five year. (more…)

Fintech news, Government activities, Hong Kong, InspirAsia

February 25, 2016

2347

Life.SREDA, AT Capital lead Series B investment in Lenddo

DealStreetAsia: Singapore-based fintech VC firms Life.SREDA and AT Capital have led a Series B round in Lenddoa provider of data for credit scoring and online verification. The financial terms of the investment are undisclosed. The company will use the funds for business expansion. Other investors participating in this Series B round were Omidyar NetworkBlumberg Capital and Golden Gate Ventures. (more…)

Deals, Hong Kong, InspirAsia

October 15, 2015

1610

Hong Kong To Become Tech Startup Hub

News.Gov.HK: The Government is committed to transforming Hong Kong into a hub for innovation and entrepreneurship. This was the message from Secretary for Commerce & Economic Development Gregory So speaking at a symposium in Chicago yesterday. (more…)

Hong Kong, InspirAsia

July 11, 2015

771

Crisis in China

THE ECONOMIST: China is certainly not the first country to try to prop up a falling stockmarket. The central banks of America, Europe and Japan have all shown form in buying shares after crashes and cutting interest rates to cheer up bloodied investors. But the circumstances and the manner of China’s intervention of the past ten days make it an outlier, worryingly so.

(more…)

Analytics, China, Global trends, Hong Kong, InspirAsia

July 8, 2015

1114

DBS opens DBS Accelerator in Hong Kong

DEALSTREETASIA: Southeast Asian super-regional financial services group DBS, which is based in Singapore, has launched a DBS fintech accelerator in Hong Kong, in a physical site called “The Vault”. This is to function as a FinTech startup hub located in the heart of Wan Chai, Hong Kong. (more…)

Hong Kong, InspirAsia, Singapore

June 29, 2015

781

Alibaba confirms government investment for its Alipay and online banking business

Techinasia: Alibaba revealed this afternoon that its finance subsidiary, Ant Financial – which runs Alipay, China’s top online payments service – has received an investment from China’s state-run National Social Security Fund (NSSF). The funding amount is not disclosed.

(more…)

China, Fintech news, Hong Kong, InspirAsia, news

June 19, 2015

923

Accenture Is Back For Batch 2 Of Its FinTech Innovation Lab Asia Pacific

E27.CO: It turns out that last year’s seven startup graduates of Accenture’s first FinTech Innovation Lab in Asia Pacific have so far gone on to collectively raise more than US$6 million in funding — an impressive number. (more…)

Hong Kong, InspirAsia

May 6, 2015

905

Accenture and FIs kick off Apac Innovation Lab programme

FINEXTRA: Accenture and a group of 10 leading financial institutions today opened the application period for the second class of the FinTech Innovation Lab Asia-Pacific, kicking off a competitive search for the top financial technology (fintech) innovators in the region. (more…)

Fintech news, Hong Kong, InspirAsia, news

April 30, 2015

1988

Hong Kong’s Nest Partners With DBS Bank In New Fin-tech Accelerator

E27.CO: The accelerator will be housed in a ‘newly-renovated 5,000-sq-ft workspace in the heart of Wan Chai’, with applications open until July 1 (more…)

Fintech news, Hong Kong, InspirAsia

April 23, 2015