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ZA Bank: Openly invites SMEs to join sandbox of express online account opening

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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

ZA Bank: Openly invites SMEs to join sandbox of express online account opening

  • ZA Bank licensed by the Hong Kong Monetary Authority on 27 March 2019
  • With a plan to invite 100 local small and medium-sized enterprises (SMEs) in Hong Kong to participate in the Pilot Launch
  • The Bank pledges to leverage its digital strengths to address the pain points of SMEs
  • Eligible companies must be registered and operating in Hong Kong, and with tax jurisdiction in Hong Kong only
  • Hong Kong’s SMEs have generally faced challenges in financing during the pandemic, making a business account
  • The launch of the sandbox trial demonstrates our strong commitment to leveraging digital edge
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