Hong Kong’s success as a financial hub brings new opportunities for fintech firms to up their game
- Hong Kong FinTech Week brings fintech founders and investors together, as well as established financial institutions and regulators
- Event provides networking opportunities for local and global fintech firms seeking funds to scale up, as well as decision makers at financial institutions
Over the past few years, Hong Kong has claimed its place as the world’s pre-eminent fintech hub. The city is now home to more than 600 fintech companies across segments as diverse as personal finance, wealthtech, insurtech, payments and regtech – or audit, risk and regulatory compliance – drawing start-ups and established firms alike.
The return of the annual Hong Kong FinTech Week in November places this success firmly in the spotlight. Already one of the most important events on the global fintech calendar, it is expected to attract more than 17,000 senior executives, including some 250 speakers.
Key to the success of Hong Kong FinTech Week – much like the achievements of Hong Kong itself – is the will and know-how of bringing major financial and technology players together. These include not only fintech innovators, but also established financial institutions, regulators and academics.
“Hong Kong’s fintech success is in large part due to the breadth and depth of our financial services industry and our entrepreneurial culture,” says King Leung, head of fintech at InvestHK. “Together with supportive government policies and regulators, and substantial pools of private investment, our ecosystem has become a magnet for global start-up and scale-up companies.”
Opportunities to scale up
