Media OutReach
Riverchain Completes US$5M Series A to Accelerate Working Capital Solutions for SME Contractors
New capital accelerates rollout of Hong Kong-based Riverchain’s deployment of working capital to SMEs in the construction industry, as funding surpasses US$100 million
HONG KONG SAR – Media OutReach Newswire – 22 October 2025 – Riverchain International Limited (“Riverchain” or the “Company”), a Hong Kong-based fintech pioneering working capital solutions for the construction industry, today announced it has raised US$5 million in its Series A round led by Betatron Venture Group. The funding will support the Company’s expansion across Hong Kong and Southeast Asia and its continued investment in its origination and distribution technology capabilities.
Riverchain’s mission
Riverchain was founded to address one of the construction industry’s biggest pain points: the chronic liquidity gap faced by subcontractors. In Hong Kong alone, an estimated US$7 billion is tied up annually in payments with long or variable tenors, making it challenging for small and medium-sized enterprises to manage cash flows effectively and pursue growth opportunities.
Since January 2024, Riverchain has deployed over US$100 million in capital, supporting the 115 public and private projects in Hong Kong — from large scale infrastructure initiatives including the Northern Metropolis in Hong Kong to landmark developments such as the iconic Kai Tak Sports Park. Through agile working capital solutions, Riverchain enables contractors to access funds quickly and flexibly, empowering these essential businesses to flourish while building Asia’s future.
Series A fuelling growth
The closing of the US$5M Series A round follows a US$1.2 million Seed investment round that included participation from the Republic Asia Ecosystem Fund earlier this year.
With the latest fundraise, the Company is well-capitalised to expand its presence in key APAC markets where subcontractors face chronic liquidity gaps. The new capital will also accelerate investment in the Company’s data-rich operating system, proprietary credit underwriting model and embedded financing solutions, enabling faster, more scalable access to working capital for its clients. On the distribution side, the investment will support the development of technology that offers transparent, institutional-grade access to the Company’s alternative credit assets.
Following its latest milestone, the Company will continue to work closely with its credit facility and distribution partners, including Chong Hing Bank, ARTA TechFin, Abound Capital and Olea and others, to expand financing solutions for main contractors, subcontractors and related SMEs in the construction sector.
Leadership and investor partners
“The closing of our Series A validates our mission to empower subcontractors and provides the capital needed to scale our technology and expand our reach,” said Ben Wong, Founder & CEO of Riverchain. “By combining our specialised financial products with our data-driven platform, we are actively modernising the construction industry and helping a new generation of builders grow their businesses with confidence and transparency.”
Matthias Knobloch, Managing Partner & CEO at Betatron Venture Group, commented: “Despite its large size, the construction industry is only at the early stages of a significant digital transformation. Riverchain’s deeply integrated approach and leading position in the market allows it to play a meaningful role in the future growth of the industry.”
Adrian Cheng, Venture Builder, added: “We’re at a pivotal moment where technology, finance and infrastructure are converging to drive the next wave of economic growth. Riverchain is harnessing innovation to transform construction opportunities into pathways for long-term progress across regions.”
With this Series A funding, the Company will accelerate its mission of bridging the liquidity gap for subcontractors across Hong Kong and Southeast Asia. The Company’s combination of liquidity, technology and strategic partnerships will enable faster, more efficient capital deployment. As the Company scales its operations and expands into new markets, it will continue to set the standard for data-driven, transparent and tailored financing solutions across the built environment.
Hashtag: #Riverchain
https://www.riverchain.com/
https://hk.linkedin.com/company/riverchain-intl
The issuer is solely responsible for the content of this announcement.
About Riverchain International Limited
Riverchain is a trusted provider of working capital solutions tailored to the construction industry. Through proprietary technology and deep industry expertise, we simplify access to financing, empowering construction companies to achieve growth and success. Our offerings include bespoke and competitive factoring solutions, invoice financing and cash-flow-based loans.
Beyond financing, Riverchain delivers value-added digital solutions and collaborates with technology partners to enhance supply chain transparency across the built environment. Headquartered in Hong Kong, Riverchain serves clients across the Hong Kong and Southeast Asia region.
About Betatron Venture Group
Betatron funds early-stage B2B tech startups innovating in Asia’s largest industries: construction, manufacturing, logistics, finance, trade, communications and environmental technology.
With a proven track record of identifying and scaling transformative technology companies, the firm provides both capital and strategic support to accelerate their portfolio companies’ expansion.
Strategic Selection: A Global Education Hub
For students planning to study abroad, choosing a university often means balancing academic reputation with a curriculum that aligns with current industry needs and global trends. Hong Kong’s blend of Eastern and Western cultures, strong academic institutions, and global career pathways makes it a natural draw. Through CUHK’s Scholarship Nomination Programme for Vietnamese students, Dat identified a programme that stood apart. “CUHK quickly became my top and only choice because of its strong reputation, supportive community, and the unique major I was passionate about,” he shared.
Bridging Technical Rigour and Holistic Education
Since joining the Faculty of Engineering, Dat’s academic experience reflects a broader transformation in engineering education. The SEEM curriculum continuously challenges students to think critically and solve complex operational problems. Its unique blend of engineering principles and economic theory equips students to tackle real-world business challenges. Dat has especially valued courses that combine quantitative problem-solving with practical business applications.
Beyond his major, CUHK’s University General Education courses has allowed Dat to explore interdisciplinary fields beyond engineering, reinforcing a holistic perspective that is increasingly valued by global employers.
A Vibrant Campus Environment and Cross-Cultural Connection
Outside the lecture hall, Dat has built a rich university life. He participates in cultural exchange workshops, joins language exchanges with international students, volunteers at campus events, and explores Hong Kong through hiking trips.
One memory stands out in particular: celebrating the Mid-Autumn Festival on campus with close Vietnamese friends. “Sharing these special cultural moments made me feel truly at home and gave me more confidence adapting to university life,” he noted. For Dat, CUHK is defined by the balance of academic rigour and inspiring community.
CUHK’s Systems Engineering and Engineering Management Programme
The SEEM programme prepares graduates to manage complex, data-driven systems across modern industries by integrating engineering technology with management. Key highlights include:
- Specialised Streams: Offers focused specialisation streams in Business Information Systems and Decision Analytics.
- Analytical Toolkit: Trains students in advanced mathematical tools including optimisation, stochastic modelling, and computer simulation.
- Technology at the Core: Infuses core engineering studies with cutting-edge expertise in machine learning, big data analytics, and artificial intelligence.
- Global Career Paths: Equips competitive graduates for prominent positions in asset management, information technology consulting, and e-commerce supply chain management.
For more information about CUHK’s undergraduate programmes, visit https://admission.cuhk.edu.hk/.
Hashtag: #CUHK
The issuer is solely responsible for the content of this announcement.
Media OutReach
#legend Celebrates 10+ Years with Major Digital Milestone as Chairman Bruce Rockowitz Highlights Next Growth Chapter
Founded in Hong Kong, #legend has developed into a recognized destination for readers seeking curated coverage at the intersection of luxury, culture, and contemporary lifestyle. The platform’s editorial scope spans fashion, watch and jewellery, beauty, music, art and design, dining, travel, tech, motors, and wellness, with a focus on the people and ideas shaping modern culture.
“The new readership milestone signals more than audience growth. It marks a broader phase of momentum for the brand as #legend increases editorial investment across its core Culture, Watch and Jewellery, Fashion, Beauty, and Lifestyle verticals while continuing to deepen relationships with luxury advertisers and collaborators,” said Bruce Rockowitz, Chairman of #legend. The print and digital publication currently works with 150+ brand partners, reflecting sustained market confidence in its editorial positioning and audience relevance.
Over the past 10+ years, #legend has published more than 100 cover stories featuring influential figures and culturally significant voices. That editorial body of work has helped define the brand’s identity in Hong Kong’s media space, where readers increasingly seek quality over volume and distinct perspective over generic content. As print and digital media becomes more fragmented, #legend’s growth points to continued demand for trusted storytelling with a clear cultural lens.
“Reaching more than 500,000 monthly readers on our digital platforms is an important moment for us, especially as we look back on over a decade of building #legend,” said Steve Rockowitz, CEO & Publisher of #legend. “It reflects the strength of our editorial direction, the loyalty of our audience, and the value of creating stories that connect culture with lifestyle in a way that feels relevant to Hong Kong and the region.”
As part of its next stage of development, #legend is placing greater emphasis on the categories that have shaped its readership base and brand identity. That includes continued focus on premium storytelling in culture, watch and jewellery, fashion, beauty, and lifestyle, along with expanded collaboration across its creative and commercial network. The company said these priorities are intended to strengthen both audience engagement and long-term partnership value.
The milestone also highlights the publication’s role in a changing luxury media environment, where advertisers are increasingly selective about context, audience alignment, and editorial quality. By combining scale with a distinct local voice and premium subject matter, #legend continues to position itself as a strong print and digital platform for both readers and brand partners in Hong Kong.
Bruce Rockowitz and the business of media growth
Bruce Rockowitz has recently spoken about the practical role of innovation and technology in building stronger businesses across media and other consumer-facing sectors. In reported commentary, he has emphasized the value of tools that improve personalization, audience engagement, operational efficiency, and subscription retention, while maintaining that creativity, judgment, and human connection remain central to brand building. That perspective aligns with broader industry shifts as digital publishers look for sustainable ways to grow audience loyalty and commercial relevance.
With its latest audience milestone, #legend is entering its next chapter from a position of measurable traction. The company’s 10+ year track record, 500K+ monthly readership, 100+ cover stories, and 150+ brand partners together reflect a publication that is not only established, but still building.
Hashtag: #legend
The issuer is solely responsible for the content of this announcement.
About #legend
#legend is Hong Kong’s premier digital destination for fashion, beauty, culture, and the extraordinary lives of the city’s most influential figures. Founded in Hong Kong, #legend has grown from a local publication into an influential voice in Asian luxury lifestyle media. The platform covers Culture, Watches & Jewellery, Fashion, Travel, Wellness, Design, Beauty, and related verticals, through print, digital, social media, and event experiences, with a mission to celebrate creativity, innovation, and the pursuit of excellence, connects influential audiences with the people, brands, and ideas shaping the future of luxury living.
For more information, visit: https://hashtaglegend.com/about
Media OutReach
5.096 Million Units Exported in Six Months: Beyond the Headline Figure, China is Reshaping Global Automotive Rules
The Chery Fulwin T7 (marketed overseas as the LEPAS L6) serves as a flagship model representing this transformation. Designed as a “born-global” vehicle, it adopts a reverse roll-out strategy—debuting in international markets prior to initiating domestic pre-sales.
Industry observers note that the significance of Chinese automakers participating in the formulation of global standards far outweighs mere export volume. Traditional automotive powerhouses are now poised to face increasingly formidable competitors.
The issuer is solely responsible for the content of this announcement.
