LianLian's Hong Kong hub is activating cross-border partnerships and exploring use of stablecoins.
CreditAccess Grameen doubles down on Temenos tech for interacting with its unsecured borrowers.
The digitalization of large-enterprise commerce means B2B correspondent banking is now up for grabs.
The young payments company uses Series B money to build on top of its recent licensing in Singapore.
Innovation won’t be enough for these banks to become the next KakaoBank, Revolut, or Nubank.
CEO Tat Lee says innovation, not deposit size, will determine whether a virtual bank can succeed.
CEO Barbaros Uygun says the virtual bank can become a global leader like Revolut, NuBank and KakaoBank.
Interest rates are just one challenge to bringing China-style alternative credit scoring to Hong Kong SMEs.
Calvin Ng, co-CEO, describes the steady grind of continuous product improvement that delivers revenues.
Do virtual banks need to be primary deposit accounts, and if so, how will they get there?