Fintech
InvestHK, Swiss group to promote fintech collaboration
Invest Hong Kong (InvestHK) and the Crypto Valley Association (CVA) have signed a memorandum of understanding to promote collaboration between Hong Kong and Swiss fintech ecosystems, particularly on blockchain and cryptographic technologies.
The MoU was signed at the 2024 Crypto Valley Conference in Zug, Switzerland on June 6. Representing their respective organizations at the signing ceremony were King Leung, global head of financial services and fintech at InvestHK; CVA board member Ilya Volkov; and CVA Executive Director Nikoletta Csanyi.
The cooperation will focus on providing regular updates based on the latest market information to help companies in Hong Kong and Switzerland better understand fintech trends and developments.
The two organizations will also encourage interested companies, start-ups and investors to develop their businesses in the highlighted areas by providing relevant information and facilitating networking.
They will also support and facilitate upcoming business missions and investment promotion events that promote bilateral investments between the two economies.
“This MoU not only represents a new milestone in the collaboration between Hong Kong and Switzerland’s fintech ecosystems, but also highlights the city’s attractiveness as a leading destination for fintech and Web3 innovation. We look forward to facilitating the active development and integration of business technologies into the city’s international financial services system,” says Alpha Lau, general manager of investment promotion at InvestHK.
CVA’s Csanyi adds: “This memorandum of understanding signals our commitment to foster collaboration, drive technological advancements and create opportunities for growth and innovation across our ecosystems. Together, we have the opportunity to shape the future of finance and push Hong Kong and Switzerland to the forefront of fintech excellence.”