Date
17 September 2019

startup

  • 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 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: 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...
  • Hong Kong startup Koln 3D focuses on metal implants

    - Aug 23, 2019 4:42pm
    The use of 3D printing is gaining success in many medical fields such as surgery. Koln 3D, a Hong Kong-based tech firm, has been deploying 3D printing to provide solutions that are customized to the patient’s...
  • 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...
  • Twitter backs social network ShareChat in first India investment

    Aug 16, 2019 4:58pm
    Twitter led a US$100 million financing round for India’s social media platform ShareChat as Chinese rival TikTok takes off in its home market. This is just Twitter’s third investment and the first time it is taking...
  • SoftBank’s Vision Fund makes its first bet on energy company

    Aug 15, 2019 1:58pm
    SoftBank’s Vision Fund has made its first-ever investment in an energy company, funneling US$110 million into Swiss startup Energy Vault, which creates renewable energy storage products.  Founded in 2017, Energy Vault uses recycled concrete blocks built into a...
  • Africa-focused budget phone seller Transsion to list in Shanghai

    Aug 9, 2019 1:32pm
    Transsion Holdings, a Chinese budget smartphone maker that has made great inroads into the Africa market, is working toward a listing on the new STAR Market board in Shanghai. The Shenzhen-based firm, which filed an IPO...
  • 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...
  • 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...
  • 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...
  • 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...
  • Bitmark: Secure your property rights over digital data

    - Jul 18, 2019 11:41am
    The growing opposition from regulatory bodies to Facebook’s plans to launch its own cryptocurrency highlight widespread concerns over how technology companies make use of personal data for profit at the expense of the consumers’ privacy. People now...
  • HK vegan meat substitute Omnipork plans mainland push

    Jul 16, 2019 2:54pm
    Vegan startup Right Treat plans to launch its plant-based pork substitute Omnipork in mainland China as early as the third quarter of this year, founder David Yeung told mainland media outlet 36Kr. The company is encouraged...
  • Visa joins funding for no-password crypto startup Anchorage

    Jul 12, 2019 2:52pm
    Global payment giant Visa has invested millions of dollars in Anchorage, a startup that provides cryptocurrency custody services for institutional investors. The two companies are founding members of Facebook’s high-profile cryptocurrency project Libra, which was officially...
  • LocoBike remains hopeful about HK bike-sharing amid shakeout

    - Jul 10, 2019 10:55am
    Hong Kong’s bike-sharing market has seen the entry of several players such as Ofo, oBike and Ketch’Up Bike, but the story overall has been of a quick boom and bust phenomenon. In July last year, Gobee.bike,...
  • Cryptocurrency sector will benefit from Facebook’s Libra: Circle

    - Jul 2, 2019 4:49pm
    Social media giant Facebook unveiled plans last month to launch a cryptocurrency called Libra, allowing money transfers over its messaging infrastructure – WhatsApp, Instagram, and Facebook Messenger. Backed by a reserve of fiat currencies and low-risk...
  • Opportunities and challenges facing HK startups in Taiwan

    - Jun 28, 2019 4:25pm
    Expanding to Taiwan has become a noticeable trend in the Hong Kong startup community. Among the entities that have made the move is co-working space operator Zerozone, which was founded in 2016. The Hong Kong Economic...
  • Let’s not get too excited about blockchain

    - Jun 18, 2019 2:57pm
    Blockchain, which underpins cryptocurrencies such as Bitcoin, has drawn massive interest around the world, with a growing number of enterprises investing heavily in the technology for deployment in their businesses. But amid the excitement, some blockchain...
  • Uber, payment firms back Facebook cryptocurrency: WSJ

    Jun 14, 2019 4:07pm
    The tech community is abuzz with reports that Facebook is unveiling its own cryptocurrency. And several well-known firms, including ride-hailing giant Uber as well payment companies Visa, Mastercard and PayPal, have thrown their support behind the social...