22 November 2019

Ben Ng

EJ Insight writer
  • Tandem co-founder and CEO Ricky Knox said the app's AI engine helps customers predict cash flow, upcoming bills and expenses, and other financial issues. Photo: Tandem

 Co-Founder and CEO at Tandem, announces international expansion plan and the

    Tandem founder aims to take on banking giants

    - Nov 13, 2019 2:50pm
    App-based bank Tandem, which plans to expand into Hong Kong before the end of the year, is determined to take on the giants in the financial industry and grow into a “trillion-dollar business”, its co-founder and chief...
  • Tandem co-founder Ricky Knox said his challenger bank aims to make a big difference in the Hong Kong market, which has long been dominated by old, established names like HSBC. Photo: Tandem/Reuters

    UK challenger bank Tandem plans to launch in Hong Kong this year

    - Nov 12, 2019 7:16pm
    Tandem, the UK challenger bank co-founded by fintech veteran Ricky Knox, is gearing up to expand into Hong Kong before the end of the year, as part of its international growth plans. In an exclusive interview...
  • Kelly Chan, co-CEO of Appysport, said the company is less focused on meeting profitability targets than on enlarging its user base, enhancing user loyalty, and understanding user hobbies and habits. Photo: Appysport

    HK startup Appysport aims to make sports more accessible

    - Nov 4, 2019 2:58pm
    The worldwide fitness trend has spurred a boom in booking platforms for sports activities and facilities. These all-in-one sports services offer a wide variety of locations and schedule choices, giving flexibility and convenience to its users while...
  • Hong Kong property agency Centaline has partnered with Microsoft to use blockchain and cloud technology to streamline time-consuming paperwork during property sales and leasing transactions. Photo: Centaline/Reuters

    Centaline builds blockchain platform to digitize property deals

    - Nov 1, 2019 3:40pm
    Blockchain, the distributed ledger technology that underpins cryptocurrencies such as Bitcoin and platforms like Ethereum, is expected to be a game-changer for various industries in the digital economy. Centaline Property Agency, one of the largest property...
  • David Yeung, co-founder of social venture Green Monday, is behind the plant-based meat substitute Omnipork launched last year in Hong Kong. Photo: Green Monday

    HK’s Omnipork takes aim at Asia plant-based meat market

    - Oct 21, 2019 4:58pm
    “A few years ago, we launched Green Common (the plant-based grocery shop and cafe), and introduced Beyond Meat products into Hong Kong. Everybody was thinking like, ‘What are you doing?’, ‘Where do we have a market...
  • David Yeung, CEO and co-founder of Green Monday, plans to build the business into a platform with the mission to take on the crises of climate change, food insecurity and public health. Photo: Green Monday

    Green Monday more than just a restaurant, says co-founder

    - Oct 21, 2019 4:12pm
    Hong Kong-based Green Monday has positioned itself as a social startup that tackles climate change and global food insecurity. “We are more than just a restaurant, or a food product company,” co-founder and chief executive David...
  • Chief Executive Carrie Lam arrives at the Legislative Council to deliver her annual policy address on Wednesday. She ended up giving her speech via a video feed instead. Photo: Reuters

    Lam seeks central govt support for HK firms amid slowing economy

    - Oct 16, 2019 4:59pm
    Chief Executive Carrie Lam Cheng Yuet-ngor on Wednesday asked the central government for tax concessions and other forms of policy support to help Hong Kong businesses cope with the impact of Sino-US trade tensions and a...
  • Chief Executive Carrie Lam pledges to drastically increase the number of housing projects and accelerate the sale of public housing schemes in her policy address on Wednesday. Photo: Reuters

    Carrie Lam vows every Hong Kong family will have their own home

    - Oct 16, 2019 3:32pm
    Chief Executive Carrie Lam Cheng Yuet-ngor on Wednesday unveiled measures aimed at making homes more affordable and easing the housing shortage amid the escalating civil unrest that has beset her administration since June. Stressing that adequate housing...
  • Spatial Technology's general manager Andy Cheung (right) and Ronald Wong, Lenovo Hong Kong and Macau general manager. The two companies have partnered to promote digital construction for the local industry. Photo: HKEJ

    HK startup wants construction industry to go digital

    - Oct 8, 2019 2:23pm
    Internet-powered technology is shaking things up in traditional industries. Hong Kong startups GoGoVan and Lalamove, for example, have brought digital solutions to the logistics business. In the construction and engineering sector, Hong Kong-based entrepreneur Andy Cheung, general...
  • YouTrip is taking its products and business model beyond Singapore and into larger countries in Southeast Asia, says YouTrip co-founder and CEO Caecilia Chu. Photo: HKEJ

    How YouTrip eliminates currency conversion fees for travelers

    - Sep 26, 2019 4:51pm
    Founded in 2016 by Hongkongers Arthur Mak and Caecilia Chu, financial technology startup YouTrip offers a multi-currency mobile wallet that allows customers to pay overseas with no transaction fees, and to exchange and store up to...
  • China in far ahead of any other country in the development of a national digital currency, says Joao Reginatto, head of product for USD Coin at US-based blockchain payments startup Circle. Photo: Circle/Reuters

    Circle: China leading digital currency push as US falls behind

    - Sep 26, 2019 11:00am
    In June, social media giant Facebook unveiled its plan to launch a cryptocurrency called Libra, allowing money transfers over its messaging infrastructure – WhatsApp, Instagram, and Facebook Messenger, targeting the cross-border payments market. Threatened by Libra’s...
  • Kristo Kaarmann, TransferWise co-founder and CEO, said his firm has a mission of making international money transfers instant, convenient, transparent and eventually free. Photo: TransferWise

    How Transferwise is taking over the world of remittances

    - Sep 2, 2019 8:04am
    (First of a two-part interview with Kristo Käärmann, co-founder and CEO of TransferWise) According to World Bank estimates, an estimated 270 million migrants around the world will send a combined US$689 billion back home this year....
  • TransferWise co-founders Kristo Kaarmann (left) and Taavet Hinrikus (right). The fintech startup is engaging with Facebook over the latter's cryptocurrency initiative, Libra. Photo: TransferWise

    Transferwise CEO on fintech partnerships and Facebook’s Libra

    - Sep 2, 2019 8:03am
    (Last of a two-part interview with Kristo Käärmann, co-founder and CEO of TransferWise) TransferWise, arguably one of the world’s most well-known fintech brands, has expanded its presence to more than 70 countries since its founding in...
  • Bridgefy co-founder and CEO Jorge Rios aims to build the standard for offline communications. Photo: Bridgefy

    Bridgefy: A startup that enables messaging without internet

    - Aug 26, 2019 12:37pm
    In the digital era, few things could be more disconcerting and disruptive of our normal everyday life than losing internet connection. San Francisco-based startup Bridgefy aims to remedy this situation by making apps that send messages from one...
  • AAX digital asset exchange will leverage LSE Group technology to deliver trusted and secure trading services, says Peter Lin, CEO of Atom Group. Photos: AAX, Bloomberg

    HK crypto exchange aims to power ahead with LSE tech support

    - Aug 23, 2019 11:34am
    Despite the worldwide attention on crypto-related businesses following a meteoric surge in digital currency prices in the recent past, the sector players, such as the trading firms and technology developers, are still struggling to build trust among...
  • Tetsuhiko Saito, CEO of LINE Financial, believes banking services will occupy a significant part in his firm’s financial services ecosystem. Photo: LINE Corp

    How LINE is navigating its financial services foray

    - Aug 5, 2019 3:13pm
    In June, Facebook unveiled plans to launch a cryptocurrency called Libra, in the firm’s latest effort to expand beyond social networking and move into financial services. But the plan was immediately questioned by US regulators, as...
  • Arun Makhija, Foodpanda's CEO in Hong Kong, said the startup is entering the grocery delivery service market in the city. Photo: HKEJ

    Foodpanda says no price war despite fee, minimum order waivers

    - Jul 29, 2019 1:55pm
    Since late June, food delivery service provider Foodpanda has waived the minimum order value requirement and delivery fees in a move to further penetrate the local market. “Competition on price in this avenue is a bit...
  • Adyen’s unified commerce solution allows businesses to enjoy centralized reporting across stores, markets and channels, says the payments firm’s Asia-Pacific chief Warren Hayashi. Photo: Adyen

    How Adyen quietly helps firms handle payments

    - Jul 29, 2019 11:31am
    Payment processing systems had been under the grip of big banks, credit card issuers and a few IT service providers for years, creating hegemony of sorts in the key support business for financial transactions. Among the...
  • Cryptocurrency-related businesses will have to deal with mounting challenges from regulators around the world, says Stripe’s CFO and chief product officer Will Gaybrick. Photo: Stripe

    Facebook’s Libra plan holds promise: Stripe’s Gaybrick

    - Jul 24, 2019 9:41am
    For years, the growth in e-commerce has outpaced the underlying payments technology. With an aim to simplify payments, US-based startup Stripe has emerged as a key player in the financial technology revolution in recent years, tackling...
  • Stripe began by serving startups for the most part, but now the firm also serves many of the world's largest technology companies, says Will Gaybrick. Photo: Stripe

    How Stripe is building its payments infrastructure business

    - Jul 24, 2019 9:34am
    Stripe, a payments infrastructure firm, has been a rising star in the increasingly competitive world of online payments. Founded in 2010, the San Francisco-headquartered startup has said that it aims to build the “economic infrastructure for...