23 February 2019

Ben Ng

EJ Insight writer
  • FinFabrik, co-founded by Alex Medana, aims to help in the push toward digitizing traditional assets, using proprietary blockchain and machine learning technologies. Photo: FinFabrik

    FinFabrik to partner crypto exchange BitMEX in digitizing assets

    - Feb 18, 2019 10:20am
    Hong Kong-based financial technology startup FinFabrik announced last week the completion of its seed round of funding, led by BitMEX Ventures, an arm of the cryptocurrency exchange and derivatives trading platform BitMEX. Alex Medana, FinFabrik’s co-founder and...
  • Victor Lang, co-founder and COO of gini, said the startup has just completed a $1.6 million funding round, allowing it to expand overseas. Photo: HKEJ

    Personal finance app gini welcomes competition from bank giants

    - Feb 8, 2019 2:47pm
    Hong Kong-based startup gini piloted last year a spending tracker app that allows users to bring together all their accounts and credit cards in one spot, enabling them to keep track of their finances conveniently. Recently,...
  • Tech entrepreneur Yat Siu founded Hong Kong’s first internet provider, and then a conglomerate specializing in cloud and smartphone software. Photo: HKEJ

    Tech legend Yat Siu doubles down on blockchain gaming

    - Jan 30, 2019 1:54pm
    Famed tech entrepreneur Yat Siu, who launched Hong Kong’s first internet provider and founded a conglomerate specializing in cloud and smartphone software, is riding high on the next big wave in the industry: blockchain technology. In...
  • Duncan Wong, CryptoBLK’s co-founder and CEO, is among the tech enthusiasts who are seen as having driven HKMA's early dalliances with blockchain technology. Photo: HKEJ

    CryptoBLK lures bank giants to bring blockchain to trade finance

    - Jan 21, 2019 4:19pm
    In October 2015, The Economist published a much-discussed report on blockchain, featuring the topic on the magazine’s cover along with the tag line “The Trust Machine: How the technology behind Bitcoin could change the world.” Since...
  • EMQ, led by co-founder and CEO Max Liu, has partnered with banks and fintech peers to build a cross-border settlement network across Asia, supporting enterprises and e-wallet operators. Photo: EMQ

    How a startup helps WeChat in Asian remittance battle

    - Jan 7, 2019 2:34pm
    As China’s digital payments industry has become somewhat saturated after years of explosive growth, mainland service providers have begun stepping up focus on overseas markets. Amid such efforts, WeChat Pay, the payment service of internet giant Tencent...
  • HKDecoman, founded by Benny Liu (L) and Simon Tang, wants to emerge as the No.1 Hong Kong online renovation platform. Photo: HKEJ

    How a HK firm aims to reshape the renovation services industry

    - Dec 24, 2018 4:26pm
    A Hong Kong-based startup is trying to refashion the traditional renovation services industry through an innovative digital platform. Founded in 2015, HKDecoman offers engineer-matching and consultancy services help to people who plan to renovate their homes...
  • Will Parkhouse, partner at global executive search firm DHR International, suggests that businesses have to consider the impact of digital transformation on people and stakeholders. Photo: DHR International, Reuters

    ‘Digital transformation can upset people greatly’

    - Dec 13, 2018 1:06pm
    Global executive search firm DHR International has presented a white paper that reveals best-practice cases from businesses that have successfully transformed into digital businesses, including Hong Kong and mainland examples of successful transformations. Will Parkhouse, partner...
  • Zac Cheah, co-founder and chief executive of Pundi X, aims to boost cryptocurrency adoption in the mainstream market with its payment solutions provided to merchants and consumers. Photo: Pundi X

    Pundi X brings digital currencies to physical stores

    - Dec 10, 2018 1:47pm
    The phenomenal surge in the value of cryptocurrencies last year, when prices rose by more than 900 percent before settling down this year, has made them a new speculative target in the financial world. Despite the investment frenzy,...
  • Cross-border payments startup Airwallex aims to build the global financial infrastructure of the next decade, says co-founder and CEO Jack Zhang. Photo: Airwallex

    Airwallex eyes more SMEs for international payments service

    - Nov 26, 2018 2:06pm
    Airwallex, a three-year-old fintech startup focused on international payments for businesses, is stepping up focus on Hong Kong and Southeast Asia, tapping small and medium enterprises in the region that seek to sell more goods in...
  • Roger Haenni (middle), co-founder and CEO of  Hong Kong-based blockchain startup Datum, said the adoption of blockchain technology is lower than expected. Photo: Datum

    Datum blockchain business won’t rely solely on token-economics

    - Nov 13, 2018 3:46pm
    (First of a two-part interview) Driven by the cryptocurrency mania, initial coin offerings have offered a new means for startups and projects to raise capital, with many tokens issued via ICOs reaching return rates of 10 and...
  • Datum is a blockchain-powered decentralized database that allows anyone to securely store data, while ensuring that individuals maintain control over their personal data and allowing them to monetize their data on their own terms. Photo: Datum

    Data breaches raise public awareness of risks to privacy: Datum

    - Nov 13, 2018 3:45pm
    (Last of a two-part interview) In today’s era of big data, businesses are collecting, aggregating, and analyzing all kinds of personal data they collect from customers to aid commercial decision-making. On the other hand, users of...
  • Circle CEO Jeremy Allaire believes the integration of fiat stablecoins into consumer and mobile payment applications will usher in the mass adoption of cryptocurrencies. Photo: Bloomberg

    Circle CEO upbeat on stablecoin outlook

    - Oct 31, 2018 9:03am
    (Last of a two-part interview) In the first part of the interview, Jeremy Allaire, chief executive of Goldman Sachs-backed cryptocurrency startup Circle, explained how the newly launched stablecoin USD Coin token can solve the pain-point of the...
  • Jeremy Allaire, chief executive of cryptocurrency startup Circle, said stablecoin combines the benefits of cryptocurrency and price stability. Photo: Reuters

    Circle CEO says stablecoin offers secure value in crypto deals

    - Oct 30, 2018 1:25pm
    (First of a two-part interview) Stablecoin is a cryptocurrency whose value is pegged one-to-one to a stable asset or fiat currency, like the US dollar, and is thus insulated against price fluctuations. A US dollar-pegged stablecoin is...
  • Ofo HK general manager Quentin Zhang said the firm is keen to work closely with regulators to develop a set of consumer-friendly guidelines for Hong Kong's bike-sharing sector. Photo: Ofo

    Ofo calls for self-regulation of HK bike-sharing industry

    - Oct 19, 2018 9:01am
    The bike-sharing trend has taken Hong Kong by storm – and appears to have subsided just as fast. Since last year, six bike-sharing operators have emerged in the city. But amid fast-paced expansion and intense competition, went...
  • LINE Corp., the Tokyo-based messaging giant, has unveiled its first cryptocurrency token, LINK, and its blockchain network, LINK Chain, with the aim of creating a strong token economy. Photo: Reuters

    Japan’s LINE to go big on blockchain with crypto ventures

    - Oct 2, 2018 4:01pm
    LINE, a Japan-based mobile messaging app owned by South Korean internet giant Naver, aims to create a blockchain ecosystem for its service offerings. Its blockchain efforts have included the establishment of “LINE Blockchain Lab,” a blockchain...
  • Jeff Yu is founder and managing director of online office rental platform Zoom Offices. Yu and his team participated in the TechCrunch Disrupt San Francisco 2018 earlier this month. Photo: Zoom Offices

    Zoom Offices brings full online experience to office leasing

    - Sep 28, 2018 4:13pm
    Most companies seeking to lease offices still rely on the services of real estate agencies.  Hong Kong startup Zoom Offices wants to digitize this traditional lease model by providing an online platform that connects office property owners, operators,...
  • Sigal Atzmon, president and CEO of healthcare management service firm Medix, believes China will lead the pack in disrupting the healthcare sector with advanced technology. Photo: Medix

    China leading in healthcare technology, says Medix chief

    - Sep 6, 2018 1:04pm
    Accelerating tech innovations are transforming the healthcare industry, and both tech giants and startups are quick to seize business opportunities in such fields as pharmaceuticals and genomics. Sigal Atzmon, president and chief executive of Medix Global, a...
  • CurrencyFair is tapping into the renminbi market in an Asia push, with the segment seen as a big part of the company’s future growth, according to COO and CFO Ruth Fletcher. Photo: CurrencyFair

    P2P money exchange platform CurrencyFair bets big on RMB biz

    - Sep 3, 2018 5:05pm
    CurrencyFair, a Dublin-based online peer-to-peer (P2P) foreign exchange marketplace, announced last month the acquisition of Hong Kong payment services firm Convoy Payments, signaling the fintech startup’s major ambitions for expansion into Asia. Ruth Fletcher, the Irish firm’s...
  • Hype’s founder and CEO Henek Lo (left) and its co-founder and COO Robert Hao said the company is leveraging its local market expertise and operational networks to help startups expand in Asia. Photo: HKEJ

    Meet Hype, venture builders helping startups expand in Asia

    - Aug 23, 2018 12:27pm
    With its booming startup ecosystem, Asia has made great strides in technology and innovation over the past couple of years. Despite being a hive of investment activity, however, the regional market remains a puzzle to many from the outside....
  • Ben Richman, Director of Data Services at Blockstream, says his firm is committed to enhancing the Bitcoin scale while maintaining privacy for users. Photos: Reuters, Blockstream

    How Blockstream is scaling up Bitcoin-related technologies

    - Aug 23, 2018 11:52am
    In 2016, Blockstream, a provider of blockchain technology, won backing from Horizons Ventures, a venture capital firm owned by Hong Kong tycoon Li Ka-shing. Ben Richman, Director of Data Services at Blockstream, describes Li as a “visionary”...

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