An in-depth report by KPMG and Cyberport on how fintech can drive sustainable economic development across Asia
A joint KPMG China and Cyberport report that looks at how fintech innovation can promote sustainable economic development across Asia.
The report features high-level insights from a number of Hong Kong-based fintech companies, including Bitspark, Chong Sing Holdings FinTech Group and TNG FinTech Group. These viewpoints showcase how their respective innovative tech solutions are helping to improve access to financial services in Asia.
Their experiences are testament to the city’s efforts in encouraging the growth of technology innovation. As an international finance, logistics and trading hub, Hong Kong possesses a large network of customers, funding opportunities and international talent. This conducive environment opens the door for entrepreneurs to develop new solutions and for fintech enterprises to prosper.
In addition, the paper discusses the key issues governments should take into consideration when it comes to developing their own fintech ecosystem. This ranges from establishing well-defined regulatory frameworks to more specific measures such as creating fintech sandboxes. It also outlines key fintech developments across the region and provides readers an understanding of the Asia fintech market.