Tag: Hong Kong

Hong Kong-based neobank WeLab opens 10,000 accounts in first ten days

New digital bank WeLab has celebrated opening 10,000 accounts within its first ten days of its launch, demonstrating how challenger banks are taking off in Asia.

Qupital revealed as one of eBay’s recommended financing service providers in...

Trade financing platform Qupital has inked a deal with eBay to become one of its officially recommended financing service providers in Hong Kong.

Oriente collects $50m in Series B to support expansion in Asia

Hong Kong-based Oriente has collected $50m in a Series B round which will help the company to enter new countries, such a Vietnam.

OneDegree becomes Hong Kong’s first licensed fully digital insurer

Digital insurance platform OneDegree has reportedly become the first company to receive a virtual insurance license from the Hong Kong Insurance Authority.

Insurance Authority extends coronavirus rules

Hong Kong's Insurance Authority has extended its temporary Covid-19 facilities for non-face-to-face distribution of some insurance products.

Avo Insurance teams up with investment manager Two Sigma to boost...

Hong Kong-based InsurTech company Avo Insurance has signed a partnership with investment management firm Two Sigma.

AMTD Digital said to be acquiring controlling stake in PolicyPal

AMTD Digital is reportedly set to acquire a controlling stake in PolicyPal, an InsurTech startup which helps consumers buy, manage and claim.

The top 10 FinTech deals in Hong Kong collectively raised $743.5m...

The top 10 FinTech deals collectively raised $743.5m in Hong Kong, with three of those transactions being raised by an Institutional Investment & Trading...

Beazley releases its e-trading platform in Asia

Specialist insurer Beazley has released its e-trading platform in Asia to help brokers in Hong Kong and Singapore to get access to its management liability and cyber product lines.

Hong Kong’s markets watchdog has lifted UBS’ ban on leading IPOs

The Securities and Futures Commission (SFC) of Hong Kong has lifted the ban on UBS to support initial public offerings (IPOs).

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