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What does the selection of these four applicants for a virtual banking license tell us?
The Beijing-based insurtech, a.k.a. 17doubao, is partnering with AMTD to expand beyond mainland China.
The program, bundled with Hong Kong Fintech Week, plugs fintechs into the Greater Bay Area.
This is the third Singapore fintech acquisition this year by AMTD Group’s digital solutions arm.
The funding will go to support Singapore fintech businesses, and ensure innovation continues.
And the deal embeds the local insurtech into AMTD's expanding nebula of partnerships and channels.
DigFin looks at the bidders with an eye on who has a credible wealth-management story.
Michelle Li, head of research at AMTDi, outlines what we know so far about China’s plans for a digital yuan.
Digital-only banks are being announced or launched across the region.
