Standard Chartered launches Hong Kong FinTech accelerator

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Standard Chartered has partnered with Chinese search engine Baidu to help international FinTech companies flourish in the Asian market.


Tapping in to the Asian market

The multinational corporation, which is one of Hong Kong’s three note-issuing banks, has created the SuperCharger FinTech Accelerator Programme in order to help local and international FinTech groups flourish in ‘‘in Asia’s vibrant markets.’’

Partnering with Baidu, one of China’s biggest internet search engines, the accelerator will enable ‘technopreneurs’ to learn more about their field, including traditional banking services and internet financial platforms.

The accelerator will be based in Hong Kong, with Standard Chartered choosing the location for its ‘‘location as a gateway to China, one of the world’s largest FinTech market opportunities.’’


International search

Applications for the programme opened on October 6th, with entrepreneurs encouraged to make their intentions known before the closing date on November 20th.

During this period, Standard Chartered and Baidu will be taking part in an international search for the best businesses in London, New York, Tel Aviv, Singapore and Beijing.

‘‘Standard Chartered is proud to be a founding partner of this SuperCharger FinTech Accelerator Programme – continuing the Bank’s strong record of supporting and encouraging innovation which we believe is a key driver of economic growth and prosperity,’’ explained Ericson Chan, regional chief information officer, Greater China and North Asia for the banking group.

‘‘Hong Kong’s vibrant international financial ecosystem as well as strategic location as a gateway to China, one of the world’s largest FinTech market opportunities, makes it the perfect place to co-create the future of financial services with technopreneurs at the intersection of finance and technology,’’ continued Chan.

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