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Nasdaq-listed fintech company Solana and healthcare giant Johnson & Johnson are among the latest batch of enterprises in artificial intelligence, healthtech and advanced manufacturing to establish or expand operations in Hong Kong, bringing in more than HK$10 billion (US$1.28 billion) in investment to the city. The 18 enterprises signed agreements on Thursday with the Office for Attracting Strategic Enterprises (OASES), a government unit under the Financial Secretaryโs Office tasked with...
A former department head of Hong Kongโs fintech hub Cyberport has been granted bail after being charged with accepting bribes to help an artificial intelligence (AI) start-up secure HK$20 million in funding from a government-subsidised programme. Alice So Nga-lai, 59, former head of entrepreneurship of the Hong Kong Cyberport Management Company, was accused of receiving advantages such as flight tickets, one handbag, two tote bags, one coin purse and a mobile phone between October 2023 and...
The broader ambition is clear: as African consumers and businesses increasingly operate across borders, fintech companies are betting that the next stage of growth will depend less on isolated national payment systems and more on how effectively those systems can connect.
What is Nubank? A plain guide to Brazilโs digital bank: 139 million customers, a first US$1 billion quarterly profit, founder control, the US launch and what to watch next. The post What Is Nubank? Brazil’s Fintech Giant Explained โ the Business, the Numbers and What to Watch appeared first on The Rio Times.