Hong Kong’s 8 Securities Raises US $9 Million in a Series B Round; Announces Mainland China Expansion Plans

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Hey look at this great news today for Hong Kong Startups – our good friends Mathias Helleu and Mikaal Abdulla (left and right in photo) of 8 Securities keep growing and keep raising money!

Hong Kong FinTech startup 8 Securities raises US $9 million in a Series B round following their expansion into the Japanese market.

Investors in this deal include Velocity Capital and Leitmotiv (who have backed 8 Securities before), and were joined by leading FinTech venture funds from the US and China. According to CrunchBase, this latest round was followed by three Series A rounds totaling $12.5 million raised – and the social trading portal shows no signs of slowing down. In fact, they’re already looking to raise more funds.

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Hong Kong Music App Jamn Raises US $300,000 in Seed Funding from Yat Siu of Outblaze and VC Firm Mind Fund

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MiQ, the Hong Kong startup behind novel music app Jamn, raises US $300,000 in seed funding.

The investors who collaborated on this deal include Adam Lindemann and Mark Cheng of Hong Kong VC firm Mind Fund and veteran entrepreneur Yat Siu of Outblaze.

Having won multiple awards for innovation, education and design from Apple and Smartphone Asia, Jamn is an iOS app that helps musicians learn music theory, chord construction, scale patterns and allows for instant key transposition. Created by musicians for musicians, Jamn also has a social aspect where users across the globe can learn, discover and share tunes from their personal song database.

We had a chat with founder and CEO Johnny Quattro to see what his plans are for MiQ in the coming year.

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ShopDesCreateurs.com Founder Cedric Delzenne Shares “20 Things I Learned as a First-Time Entrepreneur”

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We’re very happy to start running these personal profiles from Hong Kong entrepreneurs to share their stories with the local community. We’ve known Cedric Delzenne since the beginning of StartupsHK and we’re very honoured to have him talk about his experiences in running a startup.

Note from the guest author Cedric Delzenne: The following tips are based on my experience launching and running ShopDesCreateurs.com for nearly 4 years. Comments and different opinions are of course most welcome!

1. Be very clear about your personal goals

Running a 1-person online education business is not exactly the same as developing Udemy. There is no good or bad, and both can be profitable.

However as a founder you need to be clear and honest with yourself and others: are you launching a business to be your own boss and manage your schedule the way you want, or to build the next big thing (that hopefully you will be able to sell in a few years)? Your answer will impact your life for the next 10 years.

Also don’t only do it for the money. Chances for you to become rich in a few years are very slim. You will most likely experience a few highs and a lot of lows before having a multi-million dollar company, so choose an industry and a concept that you are truly passionate about.

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