Asia

Hong Kong’s Hex Trust receives major payment institution license from MAS

Hex Technologies (Hex Trust), a Hong Kong-based digital assets financial institution, announced Thursday that it has received a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).

Animoca Brands bookings rise to $314M in 2024 amid digital asset business growth

Hong Kong-based gaming firm Animoca Brands announced Wednesday that its bookings (total sales and income generating activity) rose to $314 million in 2024, from $280 million a year ago.

HK’s Cyberport: SE Asia’s a pivotal market with immense possibilities for startups to scale operations, access larger consumer base & diverse markets [Q&A]

We talked to Eric Chan, Chief Public Mission Officer at Cyberport, to learn more about the Cyberport's achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Hong Kong and Southeast Asia for the new year. Cyberport is Hong Kong’s digital technology flagship and incubator for entrepreneurship…

Endowus reinforces senior investment leadership with key appointments and major hires in Asia

Endowus, the Singapore-based independent wealth management platform, has announced key appointments in Hong Kong and organizational updates in its group investment office functions as the company scales its growth in Hong Kong and strengthens the capabilities of its Investment Office (IO).

Taiwanese AI firm Crescendo Lab expands to Singapore

Taiwanese artificial intelligence (AI) firm Crescendo Lab has expanded to Singapore to boost AI-powered conversational commerce Across Southeast Asia.

Brazil’s payment platform EBANX eyes opportunities in emerging markets globally [Q&A]

Earlier this month, EBANX has been granted in-principle approval for a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).

Moca Network partners SK Planet to launch premium membership program that integrates Web3 technology

Hong Kong-based Animoca Brands flagship project for chain-agnostic digital identity infrastructure for the open internet Moca Network has partnered South Korean information and communications technology platform SK Planet to launch OKI Club, a premium membership program that integrates Web3 technology into SK Planet's OK Cashbag app, which is South Korea's…

TikTok releases What’s Next 2025 Trend Report

As TikTok has become a go-to platform for trusted insights, brands are discovering the value of collaborating with diverse creators—from low-key reviewers to dynamic personalities—through TikTok’s Creator Marketplace.

Hong Kong-based Vectr Fintech Partners rebrands as OMVC

Vectr Fintech Partners (VFP), a Hong Kong-based early-stage venture capital firm, has on Tuesday announced it has rebranded as OMVC, short for OM Venture Capital.

PDD’s Temu partners Atome for flexible payment checkout in Malaysia

This enables Malaysian customers to enjoy interest-free instalment payment options when shopping for a wide range of products on Temu's platform.