LATTICE80, the World’s Largest Fintech Hub headquartered in London opens a new Fintech Hub in Hong Kong.
The new location is in Sha Tin where a number of universities and Science Park are located nearby, It is also close to the border of Shenzhen, China.
Joe Seunghyun Cho, Co-founder and Founding CEO of LATTICE80 commented, “We believe Hong Kong is the right place to be a connection point for Belt and Road Initiative. Hong Kong, being a traditional financial and trading hub to connect Asia and Europe, has the world’s best exit market and access to global investors that budding fintech and blockchain startups would look for.”
“Plus, the timing is perfect for opening Hong Kong and China. Fintech in Hong Kong has much growth potential compared to the size of its finance industry. I believe Hong Kong will be a leader in Fintech in Asia for the next 1-2 years and the right place to bring the best fintech innovations embraced in China to the outside of the world.”
“Instead of opening a space in the central business area, LATTICE80 Hong Kong space is strategically chosen its location to be in Sha Tin, where you can drive to Shenzhen within 20 minutes.” said Marvelstone Group CEO, Gina Heng.
She added, “We believe China is the best case study to bring Fintech innovation to support new emerging markets and the traditional markets at the same time. As of today, 70% of the world’s population is still living less than 10 dollars a day and legacy banking system is not catered to support this market. What fintechs in China, such as AliPay and Wechat have done are phenomenal. Last 20 years, they brought the most advanced financial services to the unbanked and the underserved directly.”
LATTICE80 will also launch Blockchain Accelerator Program to support United Nations’ 17 Sustainable Development Goals (SGDs).
Contributed | what does this mean?