More consolidation likely for fintech players in Hong Kong and mainland China, East Asia News & Top Stories


Source: straitstimes.com straitstimes.com

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HONG KONG - Further consolidation could be on the cards for the fintech industry in Hong Kong and mainland China in the next 12 months amid greater scrutiny by regulators, and digital currency could be a bright spot, some players say. Mr David Rosa, co-founder and chief executive of digital payment services fintech firm Neat expects mergers to grow "by quite a bit" as regulators move to plug loopholes and maintain financial sustainability even as firms are more focused on user experience. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at...