Published by The Standard – 10th April 2017
Hong Kong attracted some US$400 million of venture capital investment in financial technology companies from 2014 to 2016, ahead of many regional peers, the Secretary for Financial Services and the Treasury, Professor K C Chan said today.
He was speaking at the Internet Economy Summit.
Chan said the local fintech ecology has made progress in the past 12 months or so. “According to Invest Hong Kong start-up profiling survey, the number of Fintech start-ups operating in co-working spaces, incubators and accelerator programmes in Hong Kong increased from 86 to 138, or about 60 per cent between August 2015 and August 2016,” he added.
