![]() ![]() Users can pay online or at a participating physical location, and redeem promotional deals from merchants. This mobile payment app launched in 2012, is a customizable system of pre-payment, payment, and post-payment services, that lets business owners create customized promotional campaigns via the app’s Merchant Portal. Venmo blew up in just a few short years, and we are excited to see the growth of this startup in the Hong Kong market. Features that separate the app include payment methods by scanning QR codes, entering an email, or choosing the person from Facebook friends list.Ĭashyou is an alumni and winner of the Startup Weekend Hong Kong 2014. The platform was designed to offer a convenient way to pay back your friends. ![]() Cashyou is a P2P mobile wallet that makes it quick, easy, and free to transfer money through all major Hong Kong banks for small transactions. WeLab is Sequoia Capital’s first startup investment in Hong Kong. The startup raised a $14M Series A financing from strategic and financial investors, including Sequoia Capital and TOM Group. Launched in 2013 by a team of senior professionals in leading financial institutions like Goldman Sachs, WeLab currently operates WeLend.hk, and China’s first fully mobile P2P lending platform Wolaidai. WeLab is an internet finance technology company that made a mark creating WeLend.hk, Hong Kong’s first P2P lending business. The startup has raised $500,000 in capital, and we are excited to watch how startups like Gate Coin push Bitcoin into the hands of experienced finance professionals, so it can be taken seriously on a global scale. Gate Coin is working on consumer level exchange first, and has already sold 15,000+ prepaid debit cards which can be loaded with bitcoin and used wherever MasterCard is accepted. The company aims to make international trades and cross-border money transfers of Bitcoin faster and cheaper. Gate Coin is the first digital currency financial institution that builds products and services to change the way people transfer and trade money. There are some exciting startups forming in Hong Kong so this week we searched high and low to bring you our list of 50 follow-worthy startups from the Hong Kong startup ecosystem. ![]()
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