Fintech

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How Jack Ma Ant-agonized Chinese Regulators and Scuppered the Ant IPO

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By Monika Ghosh and Sharon Lewis Ant Group’s listing was set to go down in history as the world’s largest ever IPO, until its plans went awry less than 48 hours from its debut. Here’s what went wrong – and how. In late July this year, billionaire Jack Ma announced that he was preparing to […]

How Jack Ma Ant-agonized Chinese Regulators and Scuppered the Ant IPO Read More »

By Monika Ghosh and Sharon Lewis Ant Group’s listing was set to go down in history as the world’s largest ever IPO, until its plans went awry less than 48 hours from its debut. Here’s what went wrong – and how. In late July this year, billionaire Jack Ma announced that he was preparing to

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[Press Release] Finastra establishes new office space at Cyberport in Hong Kong

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Finastra has established a new office space at Cyberport in Hong Kong as part of an evolution of its workplace strategy. This strategic move will place Finastra at the heart of Hong Kong’s fintech community, enabling it to build relationships with new and existing partners and facilitating innovative co-creation. Eric Duffaut, President and Global Head

[Press Release] Finastra establishes new office space at Cyberport in Hong Kong Read More »

Finastra has established a new office space at Cyberport in Hong Kong as part of an evolution of its workplace strategy. This strategic move will place Finastra at the heart of Hong Kong’s fintech community, enabling it to build relationships with new and existing partners and facilitating innovative co-creation. Eric Duffaut, President and Global Head

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Hong Kong Tightens Virtual Asset Regulations

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Hong Kong is tightening its regulation of virtual assets with a new proposed scheme. The move, spearheaded by the Financial Action Task Force, is directed toward increased compliance for virtual asset service providers. The Securities and Futures Commission of Hong Kong announced a new regulatory framework for virtual asset trading early last week. The announcement

Hong Kong Tightens Virtual Asset Regulations Read More »

Hong Kong is tightening its regulation of virtual assets with a new proposed scheme. The move, spearheaded by the Financial Action Task Force, is directed toward increased compliance for virtual asset service providers. The Securities and Futures Commission of Hong Kong announced a new regulatory framework for virtual asset trading early last week. The announcement

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[Press Release] Launch of the Real-Time ixCrypto Index

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Today, IX Asia Indexes Company Limited (‘IX Asia Indexes’) announced launch of the worldwide real-time dissemination of its ixCrypto Index (“IXCI”). IXCI will be disseminated via Nasdaq Global Index Data Service (GIDS) to reach information service providers and millions of investors in over 85 countries at a 15-second dissemination interval. IXCI is the flagship project

[Press Release] Launch of the Real-Time ixCrypto Index Read More »

Today, IX Asia Indexes Company Limited (‘IX Asia Indexes’) announced launch of the worldwide real-time dissemination of its ixCrypto Index (“IXCI”). IXCI will be disseminated via Nasdaq Global Index Data Service (GIDS) to reach information service providers and millions of investors in over 85 countries at a 15-second dissemination interval. IXCI is the flagship project

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Cyberport Venture Capital Forum 2020

It’s a Virtual Wrap For Cyberport Venture Capital Forum 2020

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Cyberport is a quasi-governmental tech innovation organization from Hong Kong. Here are highlights from the recently-concluded two-day Cyberport Venture Capital Forum 2020. Hong Kong-based startup incubator and ecosystem builder Cyberport recently wrapped up its annual flagship event, the Cyberport Venture Capital Forum. The event took place on November 3-4 as a virtual conference. While the

It’s a Virtual Wrap For Cyberport Venture Capital Forum 2020 Read More »

Cyberport is a quasi-governmental tech innovation organization from Hong Kong. Here are highlights from the recently-concluded two-day Cyberport Venture Capital Forum 2020. Hong Kong-based startup incubator and ecosystem builder Cyberport recently wrapped up its annual flagship event, the Cyberport Venture Capital Forum. The event took place on November 3-4 as a virtual conference. While the

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[Press Release] Statrys Secures USD $5M Funding Round in Big Payments Push for Asia SMEs in 2020 

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Statrys, a Hong Kong-based digital payment services platform, has recently accepted a USD $5M funding round to help kick off its newest products to a rapidly growing market. This round was led via a closed-door funding arrangement with an angel investor in the region with the expectation for Statrys to carve out market share in

[Press Release] Statrys Secures USD $5M Funding Round in Big Payments Push for Asia SMEs in 2020  Read More »

Statrys, a Hong Kong-based digital payment services platform, has recently accepted a USD $5M funding round to help kick off its newest products to a rapidly growing market. This round was led via a closed-door funding arrangement with an angel investor in the region with the expectation for Statrys to carve out market share in

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[Press Release] Win up to $200K in investments at Asia Blockchain & Fintech Startup Competition

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In the framework of the Global Startup Competition Series, EDGE196 group announced the launch of Asia Fintech and Blockchain Startup Competition 2020. This startup competition is a prestigious virtual elevator pitch contest where top Asian founders or startups working with Asia will showcase their business ideas to the panel of investors. Objective is to identify

[Press Release] Win up to $200K in investments at Asia Blockchain & Fintech Startup Competition Read More »

In the framework of the Global Startup Competition Series, EDGE196 group announced the launch of Asia Fintech and Blockchain Startup Competition 2020. This startup competition is a prestigious virtual elevator pitch contest where top Asian founders or startups working with Asia will showcase their business ideas to the panel of investors. Objective is to identify

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[Press Release] Galileo Platforms Blockchain First with Singlife Philippines Launch

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Low-cost, high-efficiency blockchain technology brings insurance to under-insured Blockchain a single “source of truth” that eliminates costly back-office work HONG KONG – 29 October 2020 – Galileo Platforms, a specialist blockchain technology platform for the insurance industry, has become the first company to have its advanced blockchain platform used by an insurer as its core

[Press Release] Galileo Platforms Blockchain First with Singlife Philippines Launch Read More »

Low-cost, high-efficiency blockchain technology brings insurance to under-insured Blockchain a single “source of truth” that eliminates costly back-office work HONG KONG – 29 October 2020 – Galileo Platforms, a specialist blockchain technology platform for the insurance industry, has become the first company to have its advanced blockchain platform used by an insurer as its core

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TechNode Global announces ORIGIN Conference Virtual in partnership with TECHFEST Live x ROAD-TO-WCIT Malaysia 2020

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The fifth edition of ORIGIN Conference is set to go virtual on Nov. 18, 2020. It is organized by TechNode Global, a pan-Asia tech platform offering premium tech news, cross-border businesses, events, and tailor-made marketing solutions for tech industry players. The ORIGIN Conference is an international event covering the latest developments in the Asia tech

TechNode Global announces ORIGIN Conference Virtual in partnership with TECHFEST Live x ROAD-TO-WCIT Malaysia 2020 Read More »

The fifth edition of ORIGIN Conference is set to go virtual on Nov. 18, 2020. It is organized by TechNode Global, a pan-Asia tech platform offering premium tech news, cross-border businesses, events, and tailor-made marketing solutions for tech industry players. The ORIGIN Conference is an international event covering the latest developments in the Asia tech

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[Press Release] Finastra launches Fusion Data Cloud

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Finastra has announced the launch of its next-generation data offering, Fusion Data Cloud. The suite of solutions is designed to help financial institutions improve customer engagement, grow revenue, digitize processes for efficiency, and manage risk. Fusino Data Cloud provides a data ecosystem supported by secure Microsoft Azure technology, which enables banks to share their data

[Press Release] Finastra launches Fusion Data Cloud Read More »

Finastra has announced the launch of its next-generation data offering, Fusion Data Cloud. The suite of solutions is designed to help financial institutions improve customer engagement, grow revenue, digitize processes for efficiency, and manage risk. Fusino Data Cloud provides a data ecosystem supported by secure Microsoft Azure technology, which enables banks to share their data

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[Press Release] Endowus launches Fund Smart for Singapore investors: Build customisable portfolios with direct access to curated institutional best-in-class funds from the world’s leading asset managers

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Endowus launches Fund Smart for Singapore investors: Build customisable portfolios with direct access to curated institutional best-in-class funds from the world’s leading asset managers ● In an Endowus investor survey, over 700 respondents indicated a strong preference for the flexibility to customise investment portfolios, with exposure to specific geographies or sectors (74.5%) and lower costs

[Press Release] Endowus launches Fund Smart for Singapore investors: Build customisable portfolios with direct access to curated institutional best-in-class funds from the world’s leading asset managers Read More »

Endowus launches Fund Smart for Singapore investors: Build customisable portfolios with direct access to curated institutional best-in-class funds from the world’s leading asset managers ● In an Endowus investor survey, over 700 respondents indicated a strong preference for the flexibility to customise investment portfolios, with exposure to specific geographies or sectors (74.5%) and lower costs

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[Press Release] Singapore FinTech Company TranSwap Clinches Platinum Award at Hong Kong IFTA FinTech Achievement Awards 2019

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Singapore cross-border payments firm TranSwap has been awarded the Platinum Award for Payment Tech category at the prestigious IFTA FinTech Achievement Awards. Video-streamed on 24 September 2020, the award showcases and celebrates the extraordinary achievements made by corporations, NGOs, start-ups, and individuals in the Finance and Technology industry. TranSwap is one of 7 awardees under

[Press Release] Singapore FinTech Company TranSwap Clinches Platinum Award at Hong Kong IFTA FinTech Achievement Awards 2019 Read More »

Singapore cross-border payments firm TranSwap has been awarded the Platinum Award for Payment Tech category at the prestigious IFTA FinTech Achievement Awards. Video-streamed on 24 September 2020, the award showcases and celebrates the extraordinary achievements made by corporations, NGOs, start-ups, and individuals in the Finance and Technology industry. TranSwap is one of 7 awardees under

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[Press Release] Hong Kong Blockchain Week 2020: Setting DeFi and Blockchain Trends for 2021

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Hong Kong Blockchain Week 2020: Setting DeFi and Blockchain Trends for 2021 November 17th to 19th 2020, speakers and participants will assess the economic and technological rollercoaster of the year 2020, and will discuss whether DeFi will change the game for fintech. 20 October 2020, Hong Kong – During a week-long virtual event, speakers from

[Press Release] Hong Kong Blockchain Week 2020: Setting DeFi and Blockchain Trends for 2021 Read More »

Hong Kong Blockchain Week 2020: Setting DeFi and Blockchain Trends for 2021 November 17th to 19th 2020, speakers and participants will assess the economic and technological rollercoaster of the year 2020, and will discuss whether DeFi will change the game for fintech. 20 October 2020, Hong Kong – During a week-long virtual event, speakers from

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Aqumon Developer Magnum Research Secures US$30M Pre-Series B Funding

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As the developer of digital wealth management platform Aqumon, Magnum Research will funnel the funding towards bolstering its market position in Hong Kong and Asia. Hong Kong-based Magnum Research Limited, the company behind digital wealth management platform Aqumon, has closed a follow-on pre-Series B round at US$30 million (HK$233 million), the company announced in a

Aqumon Developer Magnum Research Secures US$30M Pre-Series B Funding Read More »

As the developer of digital wealth management platform Aqumon, Magnum Research will funnel the funding towards bolstering its market position in Hong Kong and Asia. Hong Kong-based Magnum Research Limited, the company behind digital wealth management platform Aqumon, has closed a follow-on pre-Series B round at US$30 million (HK$233 million), the company announced in a

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[Press Release] StructureFlow’s Accelerated 2020 Growth Sees Expansion of International Operations, Customer Base and New Hires

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StructureFlow, a legal tech start-up helping lawyers and finance professionals quickly and easily visualise complex legal structures and transactions, announces two hires to its senior leadership team and continued expansion of its international operations and customer roster. The start-up is also currently participating in Allen & Overy’s ‘Fuse’ Incubator and Founders Factory’s 6-month FinTech accelerator

[Press Release] StructureFlow’s Accelerated 2020 Growth Sees Expansion of International Operations, Customer Base and New Hires Read More »

StructureFlow, a legal tech start-up helping lawyers and finance professionals quickly and easily visualise complex legal structures and transactions, announces two hires to its senior leadership team and continued expansion of its international operations and customer roster. The start-up is also currently participating in Allen & Overy’s ‘Fuse’ Incubator and Founders Factory’s 6-month FinTech accelerator

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[Press Release] IBM Teams Up with Hong Kong Cyberport to Boost Digital Transformation Efforts in Hong Kong

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For Immediate Release IBM Teams Up with Hong Kong Cyberport to BoostDigital Transformation Efforts in Hong KongThe “Startup with IBM” program, coupled with Cyberport’s full-range entrepreneurial support, helps accelerate growth of startups and entrepreneurs Hong Kong – 20 October 2020 IBM China/Hong Kong Limited (IBM) and Hong Kong’s leading digital technology hub, Cyberport, today announced

[Press Release] IBM Teams Up with Hong Kong Cyberport to Boost Digital Transformation Efforts in Hong Kong Read More »

For Immediate Release IBM Teams Up with Hong Kong Cyberport to BoostDigital Transformation Efforts in Hong KongThe “Startup with IBM” program, coupled with Cyberport’s full-range entrepreneurial support, helps accelerate growth of startups and entrepreneurs Hong Kong – 20 October 2020 IBM China/Hong Kong Limited (IBM) and Hong Kong’s leading digital technology hub, Cyberport, today announced

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