Airstar Bank Introduces Futu as New Shareholder

BusinessWireJune 10, 20242 min

AMTD Group Inc. together with AMTD IDEA Group (“AMTD IDEA”) and AMTD Digital Inc. (“AMTD Digital”), altogether known as (“AMTD”), jointly welcome that Airstar Bank, a Hong Kong virtual bank jointly co-established by AMTD and Xiaomi Corporation, has successfully introduced Futu Holdings Limited (“Futu”) as a new shareholder through its investment into Gravitation Fintech HK Limited, the parent company of Airstar Bank.

Airstar Bank, steadfast in its commitment to leveraging financial technology, is devoted to delivering innovative digital banking services that are both accessible and flexible for every customer. This mission seamlessly aligns with Futu’s vision and philosophy of spearheading technological innovation within the financial services sector. The key motivations behind Futu’s capital injection are fostering Airstar Bank’s business growth and business diversification, meanwhile stimulating the development of the industry ecosystem, propelling the ongoing innovation and widespread adoption of FinTech in Hong Kong, and facilitating the financial inclusion.

With the support of all shareholders, Airstar Bank will continue to uphold the virtue of financial inclusion and strive to become a “Bank for Everyone” by making cutting-edge virtual banking services accessible at its customers’ fingertips.

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