InvestHK Calls for Applications From Fintechs Planning to Scale up in Asia

InvestHK Calls for Applications From Fintechs Planning to Scale up in Asia

by August 30, 2021
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InvestHK, a Hong Kong government’s department responsible for attracting and retaining foreign direct investment, is offering a free-of-charge, comprehensive soft landing programme to support eligible fintechs and accelerate their scaling opportunities in Hong Kong and beyond.

The Hong Kong Fintech Week’s Global Fast Track programme enables fintechs to connect with local and regional venture capital (VC) firms and corporates, including banks, tech giants, insurance firms and conglomerates, to explore collaboration and fundraising opportunities.

Acquiring corporate clients and raising funds to scale any fintech business in Asia are among the greatest challenges for regional and international companies.

The Covid-19 pandemic and restricted travel may further add difficulties.



This programme has recruited more than 80 champions made up of corporates and investors whom qualified applicants can meet with and even pitch their fintechs products or solutions to.

Now in its second year, the Global Fast Track programme had attracted over 500 applicants from 45 economies in 2020.

 

Companies from any of these nine key finance verticals are invited to participate; commercial banking, investment, wealthtech, capital markets, retail banking, personal finance, insurtech, regtech, digital assets, payments, and ESG.

Applications are open until 10 September. All qualified fintech applicants are matched with investor and corporate champions for one-on-one meetings via the matchmaking portal.

Selected fintech enterprises will be invited to enter a pitch competition adjudicated by a judging panel formed by the champions.

The winners will be announced during the Hong Kong Fintech Week which takes place from 1-5 November.

Stephen Phillips, Director-General of Investment Promotion at InvestHK

Stephen Phillips

“As a pre-eminent fintech hub, Hong Kong offers amazing scale-up and growth opportunities,”

said Stephen Phillips, Director-General of Investment Promotion at InvestHK.

Head of Fintech at InvestHK, King Leung

King Leung

“This year’s Global Fast Track is bigger than ever. Fintechs can access a one-stop-shop accelerator programme that has been carefully tailored to suit their needs and ambitions for scaling,”

said King Leung, Head of Fintech at InvestHK.

Interested parties can apply to the Global Fast Track 2021 programme here and unleash your scaling opportunities in Asian fintech markets.

 

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