InvestHK has helped 59 fintech firms expand in Hong Kong

As of August, it has assisted 59 companies from 12 economies.

Invest Hong Kong (InvestHK) said that it is supporting fintech firms looking to grow their businesses in the city.

As of August, InvestHK has assisted 59 fintech firms from 12 economies, including Mainland China, the US, France, Singapore, Canada, and the UK, showing a 44% increase from the previous year.

InvestHK said that its efforts are aimed at strengthening Hong Kong’s competitiveness and accelerate digitalisation in the financial sector. 

King Leung, InvestHK’s Global Head of Financial Services, Fintech & Sustainability, highlighted Hong Kong's appeal as a business-to-business fintech hub, given its status as an international financial centre with a wide range of companies.

For instance, a Shenzhen-based digital banking firm recently established its tech headquarters in Hong Kong and plans to invest $1.1b. Similarly, Swiss private equity firm Partners Group, managing $1.16 trillion in assets, is expanding its Asia Pacific operations from Hong Kong. 

Henry Chui, Partners Group’s head of private wealth APAC, emphasised Hong Kong’s significance as the region’s largest wealth management hub, citing its strong infrastructure, talent pool, and proximity to Mainland China.

Hong Kong’s favourable regulatory landscape, combined with extensive business and financial support, has also attracted around 1,000 fintech companies spanning various sectors. 

Key growth areas include wealthtech, with Hong Kong positioned as the world’s second-largest cross-boundary wealth management centre and digital finance, fuelled by government policies that promote digital assets. The digital assets and blockchain sector has been the fastest-growing segment for InvestHK in the past two years.

Furthermore, green fintech is gaining attention as Hong Kong enhances its role as an international green finance and greentech hub, aligning with global sustainability trends and expanding opportunities for companies focused on green finance innovation.