Asia Digest: WeBank sets up tech HQ in Hong Kong; Fave gets MAS nod for MPI licence 

Asia Digest: WeBank sets up tech HQ in Hong Kong; Fave gets MAS nod for MPI licence 

Hong Kong skyline photo by Pixabay.

WeBank, a digital bank founded in Shenzhen, has established its technology company headquarters in Hong Kong while Fave Singapore announced that it has received an in-principle approval from the Monetary Authority of Singapore for a Major Payment Institution (MPI) Licence.

Edited by: Padma Priya