Jointly organised by Cyberport and Accenture, the 2021 FinTech Innovation Lab Asia Pacific has announced the 11 shortlisted start-ups earlier in September. Four Cyberport’s start-ups include AsiabotsCONTRENDIAN LimitedIPification and Seleya Technologies have been selected into this global accelerator programme, dominating the list of 5 FinTech start-ups originated from Hong Kong.

A premier global accelerator program created by Accenture, the Lab is a 12-week program that provides FinTech start-ups with mentorship from leading financial institutions on fine-tuning and scaling their businesses.

The start-ups will be partnered with senior executives from participating financial institutions including AIA; Bank of America; China Construction Bank (Asia); Credit Suisse; Generali; Hang Seng Bank; HSBC; ICBC (Asia); J.P. Morgan; Macquarie Group; Malayan Banking Berhad; Manulife; Morgan Stanley; Mox Bank; QBE; Societe Generale; Sun Life and Zurich Insurance Company Ltd.

The program will culminate in November, when the participants will present their solutions at a virtual Demo Day to an audience of venture capitalists and financial industry executives.

“As the Asia Pacific region accelerates its adoption of FinTech solutions, we remain committed to developing a healthy and thriving ecosystem for start-ups and financial institutions,” said Fergus Gordon, a managing director at Accenture who leads its banking industry practice in Asia Pacific, Latin America, Africa and the Middle East.

Peter Yan, CEO of Cyberport, said: “As Hong Kong’s leading FinTech hub, Cyberport is delighted to collaborate with Accenture once again in organising the FinTech Innovation Lab Asia Pacific. The most outstanding FinTech start-ups across the globe will be gathered under this program and we will maximise their potential through comprehensive training with the full support of renowned financial institutions. I am glad to see that five Hong Kong start-ups have been selected this year despite the keen competition. It is a testament to the excellent capabilities and innovation of our start-ups grown in Hong Kong’s vibrant FinTech ecosystem. I also encourage other selected start-ups to capitalize on Hong Kong’s position as a springboard to expand their businesses to the Guangdong-Hong Kong-Macao Greater Bay Area and ASEAN markets, in which Cyberport can be their home in Hong Kong.”

This year’s program received submissions from 28 countries. Applicants were invited to share solutions that address key topics in financial services, including supporting digital currencies, managing environmental, social, and governance (ESG) standards and risks, improving client engagement and growing wealth management and insurance services in Asia Pacific.

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[email protected], a one-stop platform run by Cyberport, is designed to connect tech start-ups to investors and users seeking innovative solutions. Through this virtual-pitching channel, tech companies can showcase their profile and products to attract funding and expand their business footprint.

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