Fintech firm Riverchain launches new fund to tap HK’s construction funding gap

Fintech firm Riverchain launches new fund to tap HK’s construction funding gap

(From left to right) Hsiang Low, General Counsel & Director of Operations at Riverchain; Ben Wong, Chief Executive Officer at Riverchain; Tommy Chung, Director of Business Development at Riverchain. Image courtesy of Riverchain.

Riverchain, a Hong Kong-based fintech startup which connects construction businesses with liquidity providers such as banks, family offices, and private credit funds through its platform, has launched a HK$400-million ($51.3 million) open-ended fund to bring alternative financing to the sector. 

Edited by: Joymitra Rai