Velotrade becomes first Account Receivables Financing Platform to obtain SFC Licence in Hong Kong
December 13, 201811 min
Velotrade, the first Account Receivables Financing Platform in Hong Kong to obtain a Type 1 Regulated Activity licence by the Securities and Futures Commission, is now ready to provide leading institutions with access to new investment opportunities in this steadily developing alternative asset class. Since commencing operations in 2017, Velotrade has handled cross-border financing deals in Hong Kong, China, Singapore, Taiwan and Vietnam with automotive; electronics manufacturing; brand name supermarket chains; and leading garment industry players. Now the company is set to deliver...