Exploring avenues to tap into Hong Kong's fintech market


Venturelab has nominated the ten startups that will attend a 6-day business development trip in Hong Kong. The startups will get the opportunity to explore the booming market and meet potential partners and customers. The selected cohort has a wide range of solutions covering the entire fintech spectrum.


“Hong Kong has a vibrant innovation ecosystem with 4 startup unicorns among its 550 fintech companies. Hong Kong, with a population on par with Switzerland, profits from being part of China’s Guangdong-Hong Kong-Macau Greater Bay Area: a megalopolis with 70 million people. Swiss fintech startups have the expertise and are well-prepared to tap into Hong Kong’s rich fintech ecosystem full of opportunities,” said Felix Moesner, Science Consul and CEO of swissnex China. During the six-day business trip, the startups will have the opportunity to learn more about Hong Kong's market and evaluate the potential of their solutions for the market. The following startups make up the Swiss National Startup Team 2019. Billte AG: Andrea Girasole, ZurichBillte digitizes and automatizes companies' entire billing process. The startup already works with insurer Generali in Switzerland and is looking to expand into Asia this year. Crypto Finance AG: Jan Brzezek, ZugSwitzerland's first and only FINMA-regulated asset manager for crypto assets offers exposure to reputable and regulated products in the crypto asset class via its own brokerage and fund. Loanboox AG: Stefan Muehlemann, ZurichLoanboox's independent debt capital platform simplifies the comparability of interest rates and legal clauses to allow borrowers to close deals with banks and institutional investors online. Clients from four countries have already requested financing of CHF 25 billion. Orca AG: Tomas Hurcik, ZurichOrca's zero-knowledge platform is the single point of contact for coordinating the flow of information for individual and corporate clients. Pexapark AG: Michael Waldner, SchlierenPexapark's complete revenue management solution for renewables gives investors and renewable-energy-asset owners a single place to price energy sales, close transactions and monitor their energy risks. Raized.AI AG: Penny Schiffer, ZurichThe startup uses artificial intelligence to improve deal flow for VCs, to help the market clear more efficiently. Tokenestate SA: Vincent Trouche, NeuchatelThrough its platform, Tokenestate originates deals and offers digital securities - the digital representation of regulated financial instruments. The company also helps startups and SMEs to manage their own token-sales, executing its first digital sale last year. turicode AG: Martin Keller, ZurichTuricode uses machine-learning to train its information retrieval software MINT.extract to analyze documents more quickly and accurately. vestr AG: Simon Hasenfratz, ZurichVestr's b-to-b platform simplifies this for financial institutions and their customers. The startup, with investors including the Swiss Stock exchange, aims to have more than a billion francs in assets on the platform by end of the year. vlot Ltd: Daniel Schmidheiny, ZurichVlot's software evaluates a family’s or individual's life insurance coverage needs and helps financial institutions advise them better.Meet the Swiss National Startup Team Save 6 pm, September 24th, for the Startup Champions event at ETH Zurich. All ten winners of Venture Leaders Fintech will pitch the audience, who vote to select the team captain. Register on Venturelab.(Press release)