Tag: Hong Kong
Hong Kong-based TNG Wallet closes Series A on $115m
Hong Kong-based TNG Wallet has reportedly closed its Series A financing round on $115m to help its expansion within South Asia.
SingX secures $4.5m, launches in Malaysia, Hong Kong
Singapore-based SingX has raised $4.5m in its second round of funding and expands its services to Malaysia and Hong Kong.
Block.one nets $185m ICO in just five days
Blockchain company block.one has reportedly raised $185m through an ICO in only five days.
Hong Kong-based Qupital lands Alibaba funding
Alibaba Entrepreneurs Fund is making its first FinTech investment in backing Hong Kong-based invoice financing platform Qupital's Seed round.
WeConvene scoops up $12.5m to facilitate corporate access
Corporate access platform for the investment community WeConvene has raised $12.5m in a Series B round. CreditEase's Fintech Investment Fund led the round.
Funding to Institutional Investments and Trading companies look set to fall...
The first three quarters of 2017 saw only $518.2m of funding to Institutional Investments & Trading companies, 71% of the total investment in 2016.Total...
Bitfinex resumes trading following $77m hack
Bitcoin exchange Bitfineix is up and running again after last week suffering a security breach that saw 19,756 bitcoins stolen from users’ accounts.
WeLab lands $25m credit facility for online loans
WeLab is proving that despite negative press and tough new regulations in the region, investors still see big potential in the space landing a $25m credit facility note from Dutch bank ING.
Bitspark brings blockchain-based remittances to Malaysia
Bitspark, a Hong Kong-based remittance service that leverages bitcoin and blockchain technology is partnering with direct marketing and e-commerce firm Vitaxel
Bitfinex takes 36% from all users to compensate for $71m hack
Hong Kong-based bitcoin exchange Bitfinex is opting to split the cost of the $71m theft it suffered last week across all of its users.