Tag: hong kong
Corporate services platform Sleek lands $4 million in new funding
Sleek, the corporate services platform that helps entrepreneurs launch and run new companies in Singapore and Hong Kong, has raised $4 million. The new funding was led by SEEDS Capital, the investment arm of government agency Enterprise Singapore. Returning investors MI8 Limited and Pierre Lorinet also participated, along with Singapore…
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Hong Kong insurtech startup Coherent gets $14 million Series A led by Cathay Innovation
Based in Hong Kong, Coherent helps insurance providers go digital. With their services more relevant than ever during the COVID-19 pandemic, the startup announced it has raised $14 million in new funding. The Series A round, led by Cathay Innovation with participation from Franklin Templeton, will be used to grow…
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Seven Hong Kong VPN providers accused of exposing private user data
Many activists and privacy advocates turn to virtual private networks to keep their internet activity away from prying eyes, but it appears that some VPN providers might have put their customers at risk. VPNMentor reports (via The Register) that sens… Source
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TikTok will exit Hong Kong because of China’s new security law
TikTok will exit the Hong Kong market and cut off access to all residents of the semi-autonomous region, parent ByteDance told Reuters. The company has said that it’s concerned Hong Kong may fall under China’s jurisdiction after new security laws cam… Source
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Oriente raises $50 million to continue building its infrastructure for digital financial services
Oriente, a Hong Kong-based startup that develops tech infrastructure for digital credit and other online financial services, has raised $50 million for its ongoing Series B round. The funding was led by Peter Lee, co-chairman of Henderson Land, one of Hong Kong’s largest property developers, with participation from investors including…
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Hong Kong insurtech startup OneDegree launches its first product, medical coverage for pets
OneDegree, the Hong Kong-based insurance technology startup, launched its first product today, a line of medical plans for pets called Pawfect Care. The company will introduce other products, including cyber insurance and medical coverage for humans, all available completely online, over the next 12 months. Founded in 2016, OneDegree raised…
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