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Get the latest Fintech Hong Kong insights and news across topics like; virtual banks, web 3.0, payments, e-wallets, insurtech, and more.
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Standard Chartered Becomes First Bank to Distribute HKDAP Stablecoin
Standard Chartered Bank (Hong Kong) Limited (SCBHK) has become the first bank distributor of HKDAP, the Hong Kong dollar-backed stablecoin issued by Anchorpoint Financial. The bank is now actively engaging with eligible institutional clients and partners
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Lianlian DigiTech Profit Doubles in H12026, Agent Wallet Pushes to Address Payment Needs
Lianlian DigiTech Co., Ltd, a payment service provider headquartered in China, reported its interim results for the first six months ended 30 June 2026. The company shared that it delivered growth across revenue, profitability, and product development dur
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RedotPay Lands First US Money Transmitter License in State-by-State Push
RedotPay recently announced that it received its first state-level US Money Transmitter License in the United States. The RedotPay US Money Transmitter License approval is said to support its long-term expansion plans in the country. License applications
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Alibaba Share Sale Aims to Put $10.2 Billion Behind Its AI Ambitions
Alibaba has launched a $10.2 billion share placement to fund its artificial intelligence expansion. The deal ranks as the largest-ever primary follow-on offering by a Hong Kong-listed company, according to Reuters. The company priced 710 million new share
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Thales Maps Out a Complete Institutional Digital Asset Security Framework
Stablecoins and tokenised real-world assets are pulling banks, neobanks and other regulated institutions deeper and more willingly into digital markets. According to Blair Canavan, Director of Alliances for the Post Quantum Cryptography (PQC) Portfolio at
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