Hong Kong Pilots the FintechHK Community Platformby Fintech News Hong Kong December 21, 2022
InvestHK has soft launched the FintechHK Community Platform to encourage local startups to expand their business to the Mainland, Southeast Asia, and other regions.
Supported by the Financial Services and the Treasury Bureau (FSTB) and InvestHK, the initiative comes as an extension of the Global Fast Track Programme.
The Global Fast Track brings together fintech companies that already have commercial customers in their home market and beyond to showcase their business solutions and connect with regional corporates and investors.
Through this platform, fintech companies will be able to feature their company profile, value proposition, innovative solutions, fund-raising needs, and other details to platform users to help expand their exposure and reach across fintech communities in Asia and other regions.
Meanwhile, corporates and investors will also be able to identify fintech solution providers and investment opportunities more easily.
Additionally, service providers specialised in the fintech industry can also share their insights and latest capabilities to generate business opportunities with fintechs that require expert support.
The platform has already onboarded over 300 fintechs and InvestHK expects the number to increase.
The platform is under development to include an enhanced interface and functions such as inter-user communications, competitions, and community event hosting such as the Global Fast Track 2023 by the second quarter of next year.
King Leung, Head of Fintech at InvestHK said,
“We are very pleased to see the encouraging feedback from our partners and fintech companies from the pilot of the FintechHK Community Platform. But this is only the beginning for the development of the platform.
With the forces of accelerating fintech adoption among corporates and macroeconomic headwinds, now is a critical time, especially for fintech companies, to raise market visibility. We encourage everyone to join this platform and utilise it actively to realise opportunities and accelerate growth.”