Between them, our panels looked over 500 FinTech companies in India and Hong Kong. And in terms of celebrating the innovation powerhouses across Asia, it was just a start.
So we’ll be launching a bigger, more comprehensive view in the shape of a brand new list later this year.
The FinTech50 Asia.
As the gateway to China, Hong Kong has some big investors in FinTech on its doorstep – Alibaba, Baidu, Tencent. Investment into VC backed FinTech companies in Asia hit $4.5bn in 2015, ahead of the $1.5bn invested in Europe.
Two members of our inaugural Hong Kong FinTech20 – both Grand Prize winners – visited the UK in 2015 and as a result have already established offices in London and secured deals with a global technology vendor and a tier-one asset management firm. One, Lattice, also made this year’s Hot Ten.
Monexo Innovations is a P2P lending marketplace with a focus on transparency and convenience through best-in-class technology. Hong Kong is its first market and its first product is focused on property owners who can borrow against rental income.
Reference: FinTech50 2o16