Financial Technology
Hong Kong’s uFinance offers student loans to college students
Hong Kong’s uFinance offers student loans to college students
They can borrow up to $21,050 per semester, at an interest rate of 6%.
3 days ago
HK’s card payment market to grow 11% in 2025
Credit cards accounted for 77.7% of the overall card payment value in 2024.
Fintech Aspire, Visa launch corporate card for Hong Kong’s SMBs
Globally, 4 in 5 small and medium businesses are looking to sell overseas.
Loan matching platform Lendela names new CFO, CTO
Lendela is planning to scale business across Hong Kong and APAC.
Fintech JuanHand disbursed $772m in over 20 million loans
The fintech’s average repeat rate is at 90%.
EWA fintech Payd raises $400,000 in seed extension round
Its Malaysian partners include McDonald’s, Starbucks, and Banyan Tree.
Ant International names Jiang-Ming Yang as chief innovation officer
Yang led development of A+ Rewards, CoPilot, and EasySafePay for Antom.
Weixin Pay users flock to Hong Kong, Japan for Spring Festival holiday
The use of promotions or “mini programs” doubled in Japan.
Asia’s fintech transactions to reach $19t by 2025: UnaFinancial
Asian fintech transactions reached $16.8t in 2024, according to the report.
SG, Indonesia FinTech startups funding decline in 2024
Singapore tech startups raised $2.1b whilst Indonesia funding declined by 75%.
Alipay+ now connects over 1.6 billion users of 35 e-wallets, banks
The platform recently welcomed Kaspi.kz and BigPay.
Airwallex expands to Brazil, Mexico
It finalized the acquisition of MexPago and obtained a license in Brazil.
SEA fintech funding drop 23% to $1.6b in 2024
This is 75% lower than the funding it got in 2022.
South African fintechs look to Hong Kong for funding
Tax perks and access to Africa await foreign investors.
Taiwan, Lithuania ink MOU for financial services innovation
They agree to exchange information on emerging market trends and relevant regulatory issues.
167 financial services firms adopt AI initiatives: report
Nearly 80% financial services companies have launched at least one AI initiative.
Japanese banks seek M&As overseas
MUFG has spent a billion dollars buying a stake in fintechs.
Thought Leadership Centre
In Association with
Most Read
1. OCBC’s Iris Ng champions SMEs, green financing 2. Wise unveils international business payment account in Hong Kong 3. Singapore banks face margin squeeze despite strong results: Moody’s 4. Cake Digital Bank breaks even by meeting small needs 5. StanChart’s Elayne Ho takes on new challenges each year to succeedResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Aug
28
Events
Event News
MAS aims to help consumers avoid losses from crypto investments.
Commentary
Generative AI revolution: Asian banks on the brink of a new era
Navigating the Future: Banking Supervision and Risk Management in Asia in 2025
Fighting Back: How the Philippines is Addressing the Surge in Fraud