Connecting the Chinese and the Swiss Fintech Hubs

The Future of Money Fintech Event series, organized by swissnex China, offers a platform to more than over 900 top academic experts, startups, thought leaders, regulators and business executives from Switzerland and China to connect, exchange ideas and explore potential collaborations.

At the event held yesterday in Shanghai, a delegation of high-ranking representatives of the Swiss fintech and financial sectors led by Ueli Maurer, President of the Swiss Confederation and Head of the Federal Department of Finance (FDF) attended. Under the motto «New Technologies in Financial Services: How China and Switzerland can benefit from each other», the 2019 event sought to analyze and discuss areas of mutual benefit in Fintech and Finance between Switzerland and China.   

Switzerland holds a key position as a Fintech hub and as a global innovator for new technologies such as AI and Blockchain. China equally plays a vital role in the Fintech sector as one of the most attractive fintech hubs with over 500 Fintech companies across leading cities such as Shanghai, Beijing, Shenzhen and Hangzhou. Combining their strength, the two countries are set to shape and bring-forward the fintech sector.

Fintech in fast gear
As the distinguished guest of honor, President Maurer opened the event with his keynote speech stating that: “Fintech is geared towards the future. It is developing fast, now and above all: here in China. Switzerland’s market access regime is in general very liberal with regard to financial services. This remains true for Fintech services and shows to be highly effective seeing that we are the home of over 300 Fintech start-ups.”

Several ranking government officials from both countries and their respective ecosystem players such as supervisory authorities, private sector stakeholders as well as renowned experts and startup innovators from the Fintech and banking industries also convened at the event to exchange and spark discussions that will nurture future activities such as the Venture Leaders Fintech in Hong Kong and Shenzhen.

Venture Leaders Fintech Hong Kong launched
Relating to Venture Leaders, the next edition of the Venture Leaders Fintech tour to Hong Kong is open for applications as of today. From November 3rd to 9th, 2019, ten Fintech startups that are ready for expansion will have the opportunity to explore the Asian entrepreneurial market as well as participate in various activities including:

• Participation at the Hong Kong FinTech Week (the world's first cross-border financial technology conference)
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• Private pitching and feedback sessions with top Fintech investor
• Public pitching and networking events with investors and industry leaders from Hong Kong area
• Review and discussions with experts about the Asian market penetration, financing strategies, internationalization and more
• Social networking events with Asian startup
• Support for personal business development activities during the entire stay

Registration closes on 09 June 2019.

(RAN/SK)