Mox Bank
Mox Bank is a virtual bank based in Hong Kong. The bank was founded by British multinational finance giant Standard Chartered Bank in partnership with PCCW, HKT, and Trip.com. It was officially launched in September 2020.
HKMA rules out new virtual banking licenses
HKMA rules out new virtual banking licenses
Competition is keen in the market and enquiries have declined.
Hong Kong’s Mox Bank one of fastest growing digital banks worldwide
Mox has the 7th largest credit card book in the city and has 550,000 customers.
Hong Kong’s Mox Bank offers digital money transfer services in 10 currencies
Exchange fee is as low as 0.35%.
Mox Bank, CMB Wing Lung Bank warns of fake websites
Both banks have reported the incidences to the Hong Kong Monetary Authority.
Mox Bank launches 24/7 equities and fund trading services
Customers can invest as little as HK$1.
Hong Kong’s Mox unveils unlimited cashback rewards, new wealth platform
The virtual-only bank is also gearing up to launch a new app interface.
Rohan Bhargava explores digital banking challenges and opportunities at Asian Banking & Finance Summit
Unlocking Opportunities in the Digital Banking Landscape
Mox receives licence for HK-US equity trading services
The licence makes it the first Hong Kong virtual bank to offer this service.
Mox Bank hit HK$170m operating income in 2022
The bank remains dedicated to reaching break-even in 2024, CEO Barbaros Uygun said.
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