Hong Kong Fintech Unicorn WeLab To Enter Increasingly Crowded Indonesian Digital Banking Market

App, News, Software, TechnologyWritten by Aello ConsultingMarch 2, 2022

WeLab, a fintech unicorn startup based in Hong Kong, is planning to launch a digital bank in Indonesia in the second half of this year, following its $240 million deal to buy a controlling stake in Bank Jasa Jakarta. However, Indonesia’s digital banking market will be tough to crack, as traditional banks and tech companies have rushed into the growing market.

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Hong Kong budget 2019 offers boost for businesses looking abroad for new markets amid US-China trade war

NewsWritten by Aello ConsultingApril 29, 2020

Finance chief says recent changes in global environment have affected local businesses, particularly small and medium-sized ones So he will pump an extra HK$1 billion into a matching fund to help them boost their brands and upgrade products for export Businesses in Hong Kong will get more money and access to extra overseas markets under a programme intended to boost their

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