FinTech Week – Charm

Work in progress: Hong Kong reaps the fruits of fintech seeds sown nearly 10 years ago

3 weeks ago03 mins

When Alvin Kwock, co-founder of digital insurer OneDegree, took part in the inaugural Hong Kong FinTech Week in November 2016, it was held at a venue suitable for only a few hundred people. “As it was the first ever fintech event in Hong Kong, only fintech start-ups were interested, no big financial institutions paid attention,”…

Qatari fund invests US$2 million in AI start-up Nexx, backed by Hong Kong’s wealthiest man

Cs news3 months ago03 mins

A venture capital firm backed by Qatar’s sovereign wealth fund is taking a minority stake in an AI-powered logistics technology start-up backed by Hong Kong’s wealthiest man, as it looks for investment opportunities in the Greater China region to more than triple its assets under management by the end of 2025. Doha-based Rasmal Ventures, backed…