Richard Li, chairman and chief executive officer of Pacific Century Group, speaks during the Hong … [+] Kong Fintech Week in Hong Kong, China, on Monday, Nov. 1, 2022. The conference runs throug...
Tag: hong kong fintech
Hong Kong Fintech Startup Reap Raises $40 Million For Web3 Payments
Reap’s cofounders Daren Guo (left) and Kevin Kang. Reap Reap, a digital payment company based in Hong Kong, has netted $40 million in a funding round aimed at developing infrastructure to help f...
With $900 Million In Funding, Hong Kong Fintech Unicorn WeLab Bets Big On Indonesia
As more startups explore Indonesia’s fintech potential, WeLab’s cofounder and CEO Simon Loong believes digital banking can be a win-win game. There are good “a-ha” moments and there are bad ones, acco...
AMTD Digital Plunges Nearly 40%—Stay Away From This ‘Absolute Scam,’ Expert Warns
Topline Shares of Hong Kong fintech firm AMTD Digital continued to plunge on Thursday, crashing for a second day in a row after rising more than 21,000% since its July IPO, with experts calling it a n...
AMTD Digital May Be The New ‘Perfect Meme Stock,’ Loses $70 Billion In Value In One Day After Rising Over 125%
Topline Shares of under-the-radar Hong Kong fintech company AMTD Digital continued to swing wildly in volatile trading on Wednesday after a more than 21,000% run up since its IPO last month, and altho...
Hong Kong SaaS Startup Raises $15 Million Series B For Global Expansion
FreeD Group cofounders (from left) Kenneth Lee and Abel Zhao. Courtesy of FreeD Group Hong Kong-based SaaS startup FreeD Group has raised $15 million in Series B funding led by Daiwa ACA APAC Growth, ...
Hong Kong Fintech Unicorn Looks To Raise Up To $150 Million In Yet Another Funding Round: Bloomberg
Jack Zhang, cofounder and chief CEO of Airwallex. Anthony Kwan/Bloomberg Airwallex, a fintech unicorn headquartered in Hong Kong backed by the likes of Tencent and Li Ka-shing’s Horizons Ventures, is ...