WeLab joins fintech race to become Hong Kong’s first licensed virtual bank

WeLab, Hong Kong’s home-grown fintech unicorn, is poised to be among the first batch of companies to apply for a virtual banking license from the Hong Kong Monetary Authority, according to its co-founders. “We have been working closely with the HKMA …
( read original story …)


Related Post

Why Legacy Companies Must Reinvent—or Die
views 15
Kevin Sneader is the managing director of McKinsey...
Hong Kong’s IPO market is headed for a banne...
views 14
Hong Kong is on track to top the global IPO market...
Focus: As China builds biotech sector, cash floods...
views 13
SAN FRANCISCO/HONG KONG (Reuters) - For three whir...
Hong Kong’s Surging Dollar Sends a Warning o...
views 13
Surging interbank rates. A shock jump in the curre...
Hong Kong pro-independence party formally outlawed...
views 15
HONG KONG (Reuters) - Hong Kong authorities formal...
Hong Kong bans separatist political party in unpre...
views 15
Authorities in Hong Kong have taken an unprecedent...
In a first, Hong Kong bans pro-independence politi...
views 15
Authorities in Hong Kong have taken an unprecedent...
Hong Kong bans pro-independence political party
views 16
ap/msh (dpa, Reuters, AFP) Each evening at 1830 UT...
Hong Kong’s Surging Dollar Sends a Warning o...
views 16
(Bloomberg) -- A shock jump in Hong Kong’s currenc...
Hong Kong bans pro-independence party as China tig...
views 16
Pro-democracy activists march against a proposal t...