- Investment Areas
Date: October 31st, 2018
Location: Hong Kong
Pictured above – Jolyon Ellwood-Russell, Partner at Simmons & Simmons and Advisory Board member of GTR Ventures, and Ningwa Lau, representative GTR Ventures (China and HK SAR), at Hong Kong Fintech Week 2018.
Fintech Week is the world’s first cross-border financial technology event, with over 8,000 senior executives and over 200 of the world’s leaders in the fintech industry including founders, investors, regulators, and academics. GTR Ventures was thrilled to be a part of this five day financial technology event that works to bring together innovative thinkers and industry leaders within the fintech and trade finance industries.
Significant takeaways pertinent to trade and supply chain included Hong Kong Monetary Authority’s launch of a new blockchain-based trade finance platform called “eTradeConnect”. This platform combines the services of 12 different banks, both domestic and international, with the goal of allowing better trading among the network of European and Asian organizations. Angie Lau, Bloomberg Television Asia’s former lead anchor, also announced the launch of her new blockchain-related news platform Forkast.news, where she will operate as the Chief and Lead Anchor.
On the 2nd day of HK Fintech Week LiqEase hosted a morning gathering of 25+ finance and industry experts to discuss the role technology is playing in disrupting trade finance and presenting access to new investment opportunities. Stakeholders, including deal originators, investors, and family offices, joined the LiqEase team at one of Hong Kong’s historical clubs and enjoyed a vibrant and interactive atmosphere learning about pain points in the international wine trade, and how LiqEase’s platform unlocks tied up capital in the supply chain – allowing firms and investors to both benefit from this new ecosystem and exciting asset class.
Prominent speakers throughout the week included Jim Lai, Tencent VP and Head of Fintech Greater China, Paul Chan, Financial Secretary the Government of Hong Kong, Norman Chan, Chief Executive HKMA, Ashley Alder CEO SFC, Jessica Tan, Executive VP, COO & CIO Ping An Group, Aldi Haryopratomo, CEO Go-Pay, Richard Mash, VP Paypal, Mancy Sun, Managing Director & Head (PSI) Goldman Sachs, and many others.
“Hong Kong Fintech Week, in its 3rd edition this year, is a splendid occasion in which to showcase to the world what Hong Kong has to offer” described Carrie Lam, CEO Hong Kong Special Administrative Region.
GTR Ventures is looking forward to Hong Kong Fintech Week 2019.