Hong Kong start-ups
HONG KONG: Hong Kong’s towering skyline is dominated by major banks and investment houses — but smaller start-ups are playing an increasing role on the financial landscape.
The number of ‘FinTech’ start-ups in Hong Kong — offering technology tailored to the world of finance — is rising rapidly, taking advantage of the city’s position as an industry hub and gateway to China.
From data analysis to alternative lending and investment options, nimble smaller firms with a tech edge are vying to lure consumers. Some major players are now seeking to team up with these potential rivals as a short cut to innovation.