Hong Kong fintech giant's latest financing move is quite significant. Just secured $220 million, the largest funding round since its inception. The investment lineup is quite豪华——HSBC Holdings, Prudential Hong Kong, Fubon Bank (Hong Kong), Hong Kong Investment Company, Allianz X, TOM Group, and other institutions are all betting on it. Interestingly, this round of financing is not just equity investment; debt financing is also involved, taking a dual approach.

What will they do after the funds are in place? The main goals are very clear: one is to vigorously expand the Southeast Asian market, and the other is to grow the footprint through mergers and acquisitions. In the fintech track, various players are competing for position, and this large-scale financing also reflects the intense industry competition. Behind the capital influx is the recognition of the region's digital financial potential, especially Southeast Asia, which still has significant growth space.