Hong Kong, Aug 11 (Bernama) — As a key promoter of Hong Kong’s digital technology developments, Hong Kong Cyberport spares no efforts in injecting new momentum into the economy. Cyberport has the largest FinTech community in Hong Kong, boosting close to 400 FinTech companies that offer financial software and services, financial data analysis, wealth management technology, payment technology and more. As the region’s insurance hub, Hong Kong’s insurance technology (InsurTech) has seen rapid developments.
Currently, there are more than 30 InsurTech companies in the Cyberport Community. They provide diversified insurance technology solutions that run through the insurance sector’s industry chain, propelling the industry’s digital transformation. Eric Chan, Chief Public Mission Officer of Cyberport said, “As an international financial centre, Hong Kong is developing its financial technology industry at full force. With its abundance of finance talents and strong backing from both the government and Cyberport, Hong Kong’s FinTech start-ups have sprung up.
Their innovative financial technology solutions not only lift the competitiveness of local financial institutions and provide more convenient experiences for users, they have also been adopted by overseas and multinational financial corporations. Multiple solutions of Cyberport’s InsurTech start-ups could be introduced to the Greater Bay Area, ASEAN and international insurance markets.”