Tag: Hong Kong

HKMA commended on its AML and CTF processes by global standard-setter

Hong Kong Monetary Authority (HKMA) and the country’s banking sector commended on its AML and terrorist financing risks protocols by task force.

HKMA gives four banks a digital banking licence

The Hong Kong Monetary Authority (HKMA) has granted four virtual banking licences under its Banking Ordinance.

CompareAsiaGroup closes $20m Series B investment round led by Experian

Personal finance management platform CompareAsiaGroup has filled its coffers with a $20m capital injection courtesy of Experian, a credit reporting bureau.

Hong Kong-based blockchain agnois startup Liquefy closes $2.6m Pre-A funding round

After being founded in late 2018, Liquefy, the company that boast bringing about innovation through tokenization, has raised over $3m with $2.6m of that money being raised in its latest round.

HKMA warns customers of online security after several reports of fraud

The Hong Kong Monetary Authority (HKMA) is warning consumers to be wary of suspicious small transactions, following rise in fraud.

OneDegree extends Series A to surpass $30m

Hong Kong-based digital health insurance startup OneDegree has extended its Series A round to surpass $30m.

GoBear collects $80m in funding to support product enhancements

Financial product comparison platform GoBear has closed an $80m funding round to support product enhancement.

OneDegree extends Series A round to surpass $30m

Hong Kong-based InsurTech company OneDegree has extended its Series A round to over $30m.

Ping An said to be eyeing IPO of OneConnect

China-based insurance giant Ping An is reportedly looking to launch an initial public offering for its OneConnect solution at a potential valuation of $8bn. OneConnect...

50% of Hong Kong consumers happy to share financial data with...

Half of consumers in Hong Kong are happy to let third-parties access their financial data so they can access more personalised banking services and higher returns, according to a study from Accenture.

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