At the moment, Hong Kong is among the top 10 fintech hubs in the world. It represents a fertile ground for Fintech startups due to its investment in education, adequate infrastructure, favourable geographical position, and progressive thinking. In fact, statistics indicate that the con...Read More

The end of the decade in Hong Kong was marked by a long-awaited announcement: The Hong Kong Monetary Authority granting licences to 8 digital banks. The goal is to establish digital financial solutions that will be at the public’s disposal 24/7, delivering fast and efficient financial serv...Read More

Despite the growing number of alternative payment methods, prepaid cards still maintain their status as one of the better solutions on the market. Users adapted to them rather quickly due to their functional similarities to credit and debit cards, especially for corporate purposes. The reason be...Read More

A few years ago, it seemed that there was a kind of a disconnect between Hong Kong’s reputation as an international hub for fintech startups and the fact that there were no full-fledged digital payment solutions entirely accepted by the people living and working in the city. However, th...Read More

Considering that for every 100 cardholders across the globe there are 58 who own a co-branded card, and that the total number of credit cards used solely in Hong Kong was 19.46 million in 2018, the exact number of co-branded cards used globally is likely to be quite impressive.  Many lar...Read More

If we consider the fact that an average person aged 18 to 35 in Hong Kong spends more than 46% each month on credit purchases, it is safe to assume that many people today struggle to stay afloat and balance the books, without going in the red.  However, getting in debt is not as easy to...Read More

  For years, Hong Kong has been recognized as one of the most prominent business, financial, and banking centres. The Heritage Foundation ranked Hong Kong as the world’s freest economy and awarded third place in the World Banking Report. It had been widely praised for its judici...Read More