Hong Kong

Hong Kong, officially the Hong Kong Special Administrative Region of the People's Republic of China, is a city and special administrative region of China in the eastern Pearl River Delta by the South China Sea.

Source: en.wikipedia.org

Real-Time Payments in India, Indonesia Expected to See Largest Growth
Real-Time Payments in India, Indonesia Expected to See Largest Growth
April 04, 2023  |  Real-Time Payments

  Real-time payment systems have transformed how individuals and businesses transact and manage their money around the globe by allowing users to transfer funds instantly...

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Galaxy Payroll Group Files for IPO and Aims for $24.8M
Galaxy Payroll Group Files for IPO and Aims for $24.8M
December 29, 2022  |  News

Galaxy Payroll Group has filed for an initial public offering (IPO) in the United States.  The Hong Kong-based provider of payroll outsourcing services, employment services,...

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Airwallex Partnership With Agoda Booking Platform Offers Business Travel Discounts
Airwallex Partnership With Agoda Booking Platform Offers Business Travel Discounts
December 11, 2022  |  Travel Payments

FinTech Airwallex has teamed with Agoda to help Hong Kong business travelers book their accommodations. The companies say their partnership — announced in a recent...

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NYC Dethrones Hong Kong as Most Expensive Retail Center
NYC Dethrones Hong Kong as Most Expensive Retail Center
November 23, 2022  |  Retail

Continued COVID-19 restrictions in China have stripped Hong Kong’s famed luxury district of its title as the world’s most expensive retail destination, a mantle that...

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FinTech WeLab Considers $250M Funding Round for APAC Expansion
FinTech WeLab Considers $250M Funding Round for APAC Expansion
November 21, 2022  |  Investments

Hong Kong-based lending FinTech WeLab is reportedly considering a new funding round that could value the company at about $2 billion. The company hopes to...

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Hong Kong’s Genesis Block Stops Trading and Will Close OTC Portal 
Hong Kong’s Genesis Block Stops Trading and Will Close OTC Portal 
November 18, 2022  |  Cryptocurrency

Hong Kong-based cryptocurrency retail service provider Genesis Block has reportedly ceased trading, asked its customers to withdraw their funds and told them it would close its over-the-counter...

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Globant Buys eWave to Grow Digital Commerce Capabilities in APAC
Globant Buys eWave to Grow Digital Commerce Capabilities in APAC
November 17, 2022  |  Acquisitions

Digital transformation firm Globant has acquired digital commerce specialist eWave to reinforce Globant’s capabilities and support its expansion into Australia and several Asian countries.  The acquisition will add eWave’s...

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BIS Sees Cross-Border CBDC Payments as Realistic and Achievable Goal 
BIS Sees Cross-Border CBDC Payments as Realistic and Achievable Goal 
October 31, 2022  |  CBDC

A four-country test of a cross-border payments system using central bank digital currencies was a success, the Bank for International Settlements (BIS) declared last week,...

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Today in Crypto: Former Celsius Execs Withdrew $17M Before Company Filed Chapter 11; Citi Ventures Invests in Digital Asset Management Startup xalts
Today in Crypto: Former Celsius Execs Withdrew $17M Before Company Filed Chapter 11; Citi Ventures...
October 06, 2022  |  Cryptocurrency

Two Celsius officials withdrew $42 million in cryptocurrency before the company froze withdrawals and filed for bankruptcy, Coindesk wrote. Former CEO Alex Mashinsky and CSO...

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