Hong Kong’s 4 Fintech Unicorns: Download the Newest Whitepaper on Hong Kong’s FinTech Ecosystem Now!

FINTECH

WHub’s FinTech Whitepaper presents the key findings and facts as well as a comprehensive analysis of the contributing factors in the ecosystem that have solidified Hong Kong’s position as a leading global Financial Hub and its evolution into a competitive FinTech Hub.

Such contributing factors include the strength of its financial sectors, a strong talent pool, Hong Kong’s position as a gateway to regional and Mainland China markets, the regulatory framework, as well as many other variables. Hong Kong has seen extensive activity in its startup ecosystem with an estimated 3,000+ startups.

Specifically, the city now boasts the evolution of 4 homegrown FinTech Unicorns:

  1. AirWallex (raised US$202 million)
  2. BITmex (trading history of over US$34 billion worth of Bitcoin since its launch)
  3. The TNG FinTech Group (raised US$115 million in Series A, the largest series A investment for a FinTech company)
  4. WeLab (raised US$425 million).

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CashYou, GateCoin Amongst 5 Hong Kong Startups Declared Winners in the ‘Talent Unleashed Awards’

talent

Amongst deals, mergers and acquisitions, it’s been a busy year for Hong Kong so far.

The latest back-to-back exits of homegrown startups Divide and Cherrypicks is proof that the ingenuity of our entrepreneurs are stronger than ever before. Just when we couldn’t get any prouder of our burgeoning startup scene, the prestigious ‘Talent Unleashed Awards’ announced that it was extending its reach to include Hong Kong and Singapore. The aim of ‘Unleashed’ is to celebrate individuals whose impactful ideas could potentially change the world, whether it be solving business problems or helping a community in need.

While the overall winners will be chosen by the legendary Richard Branson and Steve Wozniak, our own Yat Siu was invited to represent Hong Kong as a regional judge. See more details on each award category here.

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