PAObank Secures HK$200M Investment From Lufax Holding
PAObank has announced an investment of HK$200 million from Lufax Holding Limited. The funding will support PAObank’s ... Read more
Revolut Considers China Expansion Amid UK Regulatory Hurdles
UK fintech giant Revolut is exploring a potential move into China, setting the stage for competition with domestic heav... Read more
ZA Global Backs RD Technologies With US$40M To Boost HKs Stablecoin Ecosystem
ZA Global has led a US$40 million Series A2 funding round for HK fintech firm, RD Technologies (RD), marking a signific... Read more
WeLab Hit Profitability And Now Wants 500 Million Customers Across Asia
From its humble beginnings as an online lender to its rise as one of Asia’s most ambitious fintechs, WeLab Group (WeL... Read more
HKMA Finalises Guidelines For Stablecoin Issuer Regulatory Regime
The Hong Kong Monetary Authority (HKMA) has published several documents in preparation for the implementation of the re... Read more
Cybercrime Is Surging Across APAC Yet Defences Remain Fragmented
APAC saw a sharp rise in human-led attacks in 2024, with attack rates growing over 60% year-on-year and increasing 37% ... Read more
Hong Kong Advances Trade Digitalisation With MLETR Adoption
Digitalisation is reshaping the global economy, and businesses must adapt to capitalise on emerging opportunities. In t... Read more
Standard Chartered HK And Know Your Customer Partner On Real-Time KYC Via HKMAs CDI
Standard Chartered Hong Kong and Know Your Customer Limited have announced a new collaboration aimed at improving real-... Read more
Is Hong Kongs Fintech 2025 Vision On Track?
Four years ago, Hong Kong bet big on Fintech 2025, a sweeping plan to turn itself into a fintech powerhouse. It envisio... Read more
OSL Group Secures US$300 Million In Equity Financing
OSL Group, a regulated digital asset platform in Asia, has announced the successful completion of a US$300 million equi... Read more
Toss Targets Over $10B Valuation In Planned 2026 US IPO
Toss, the widely used South Korean financial super app operated by Viva Republica, is planning to go public in the US a... Read more
China CITIC Bank Launches Payment Connect Services To Support Cross-Border Transactions
China CITIC Bank International Limited (CNCBI) has announced it will introduce services and a customer offer related to... Read more
Eddid Financial Secures SFC Approval For Digital Asset Services
Hong Kong’s Eddid Financial has announced that its subsidiary, Eddid Securities and Futures, has received approval fr... Read more
Hong Kong Customs Uncovers HK$1.15B Virtual Asset Money Laundering Scheme
Hong Kong Customs has uncovered a suspected money laundering operation involving cash smuggling and virtual assets tota... Read more
Lendela Partners With TransUnion To Launch Free Credit Score Tool In Hong Kong
Lendela, a loan matching platform based in Hong Kong, has partnered with credit reference agency TransUnion through a c... Read more