Tag: Hong Kong

Hong Kong-headquartered PayTech startup KPay Merchant Service has raised $10m in a funding round.

The Hong Kong Monetary Authority (HKMA) has issued a circular to banks on buy now pay later (BNPL) products to implement new consumer protection measures.

The Hong Kong government is planning to bring in a range of financial incentives to address skill shortages in the FinTech sector.

Hong Kong’s Securities and Futures Commission has said that some NFTs that constitute investment products will have to be regulated.   

With the rise of cryptocurrencies showing no signs of slowing down, the growth of central bank digital currencies (CBDC) appears to be another trend on the ascendancy. Will 2022 prove to be a red-letter year for CBDC adoption?

Wholesale crypto financial services provider Babel Finance has scored $80m in its Series B funding round, just four months after its former round.

Hong Kong-based Allinfra, which is helping institutions meets sustainability goals, has scored $6m in funding.

Personal finance management app Planto has teamed up with carbon footprint tracking platform Cogo with the goal to promote sustainability within banks.

Quantifeed, which claims to be Asia leading digital wealth management solution developer for financial institutions, has closed its Series C round on an undisclosed amount.

Hong Kong police have arrested 17 people and broke apart a syndicate that has been laundering HK$97m over the past 16 months.