4 June 2018, London, UK and Shenzhen, China: FINTECH Circle, the leading global community of FinTech entrepreneurs, angel and VC investors, financial services professionals and FinTech thought-leaders and its FINTECH Circle Institute, announce at Money 20/20 Europe a strategic partnership with China’s Global Fintech Lab. Inspired by the International Fintech Conference organized by HM Treasury in London, FINTECH Circle sourced the best Western fintech companies with strong potential for the Chinese market.
FINTECH Circle’s alumni companies Funding Xchange and Algo Dynamix which had also exhibited at HM Treasury’s International Fintech Conference in March 2018 were invited by the Global Fintech Lab to pitch to a Jury of global Fintech experts, banks, angel and VC investors in Hangzhou during the China FinMaker Competition hosted by the Municipal Government of Hangzhou in collaboration with a wide range of private sector and media partners. The UK company FundingXChange won the 1st prize among all international fintech firms and received a cash award of £20,000.
Based on this successful collaboration FINTECH Circle and the Global FinTech Lab will host the 1st Fintech Bridge Conference in London in late 2018 to strengthen ties between mainland China, HK and the UK. London is a global financial centre and the largest exporter of financial services and the FX capital of the world. The FINTECH Bridge Conferencewill bring together finance and government leaders from mainland China, HK and the UK including top fintech VCs, entrepreneurs, banks, insurance companies, asset managers, tech giants and government representatives.
This exclusive conference will celebrate award winning entrepreneurs, companies and investors during the Gala Dinner and encourage attendees to sign business and investment deals in the Deal Signing Boardroom in front of global media partners. The conference date will be revealed in summer 2018. Interested parties are invited to join the waiting list on http://www.fintechbridge.co/ to be notified first.
FINTECH Circle will also launch its comprehensive range of FINTECH Education Courses for the first time in China, in collaboration with the Fintech Academy of the Global Fintech Lab. This new commitment by FINTECH Circle augments FINTECH Circle Institute’s mission to upskill finance services professionals by providing courses across all areas of financial technology innovation, such as FinTech foundation, InsurTech, WealthTech, RegTech, enterprise innovation, entrepreneurship, blockchain and Crypto Finance.
FINTECH Circle and the Global Fintech Lab will work closely together to deliver best-in-class FinTech educational courses, via their FINTECH Circle Institute and the Global Fintech Lab, in addition to exploring new initiatives which strengthen the capabilities, proficiency and experience of financial professionals in China. This unique partnership underscores the mutual commitment of FINTECH Circle and the Global Fintech Lab to develop an international centre of excellence for fintech collaboration, business development and a co-investment platform in China.
Susanne Chishti, CEO of FINTECH Circle and the FINTECH Circle Institute, commented:
“The UK and China are two global fintech hubs which have lots of things in common – a strong culture of entrepreneurship, an outstanding financial and technology talent pool, access to finance and a large customer base including some of the leading financial institutions globally. We are excited to work with China’s Global Fintech Lab to support Western fintech firms in their business development and fund-raising in China and partner with Chinese fintech firms in expanding their presence in the UK and Europe.”
Tong Cao, Founder of the Global Fintech Lab and Chairman of Hande Fintech, said:
“China represents the world’s largest fintech market and the financial sector’s interest in overseas fintech innovations is on the rise. We look forward to working with FINTECH Circle to connect startups, investors, financial institutions and key stakeholders in the fintech ecosystems of both China and UK, and to enable greater collaborations. Through the partnership, we will also bring in international fintech best practices and expertise to power the digital transformation of China’s financial industry.”