Spotlight on Sheung Wan: Leading Fintech Innovators in Hong Kong Island

Sheung Wan, located on Hong Kong Island, is home to some of the most innovative companies operating in the FinTech industry. With specialty areas ranging from personal banking to artificial intelligence, the following companies are transforming the financial services landscape and leading the way in FinTech.

Each company has its unique vision and mission but their goals have a singular purpose – to disrupt traditional financial services by leveraging technology. From personal finance to payments, big data to blockchain, these firms are creating digital solutions that streamline processes, improve customer experiences, and drive growth.

The headquarters of these companies may be in Sheung Wan, but their impact resonates globally as they redefine financial services for the digital age.

WeLab

Founded by Aananth Solaiyappan, Frances Kang, Kelly Wong, and Simon Loong, WeLab is revolutionizing traditional financial services by creating seamless digital experiences. By deploying its proprietary risk management technology, WeLab analyzes unstructured mobile big data in seconds to provide innovative services and consumer financing solutions. Through partnerships with traditional financial institutions, WeLab also offers B2B enterprise solutions, enabling these institutions to offer fintech-enabled services to their customers.

MioTech

Established by Harry Yip, Jianyu Tu, and Tao Liu, MioTech offers an artificial intelligence platform that empowers investment managers to navigate the world of complex data. The platform streamlines the entire investment process, ensuring a data-driven investing experience. Headquartered in Sheung Wan, MioTech also operates in Shanghai and counts Horizons Ventures and ZhenFund, among others, as its backers.

EMQ

EMQ, co-founded by Max Liu, operates a cross-border remittance network across Asia. With operations in Hong Kong, Taiwan, Indonesia, Vietnam, and the Philippines, EMQ offers a variety of remittance options via banks and other modes for cash pickup. In 2014, the company received its Money Service Operator license from the Hong Kong Customs and Excise Department and its Fund Transfer Operator license from Bank Indonesia in 2017.

Quantifeed

Quantifeed, co-founded by Alex Ypsilanti and Ross Milward, offers a digital investing platform that enables banks, brokers, and wealth planners to provide an online investing experience under their own brand. The configurable solution suits their wealth management objectives and facilitates economically efficient services for consumers. The platform enables users to invest in different asset classes across global markets.

YouTrip

Arthur Mak and Caecilia Chu co-founded YouTrip, a multi-currency mobile wallet that allows users to pay in over 150 currencies without fees. The YouTrip app allows users to exchange and store up to 10 currencies anytime, anywhere. The underlying technology is developed by You Technologies Group, a regional fintech startup based in Hong Kong and Singapore, aiming to bring simpler and smarter money management solutions to Asian consumers.

Nest

Founded by Lawrence Morgan, Simon Squibb, Stefan Mikic, Nest offers corporate accelerator programs and investments in seed to growth-stage startups. Nest has accelerated over 174 startups since 2015, with the support of its corporate partners and various governments.

Gatecoin

Founded by Aurelien Menant, Gatecoin is a Bitcoin and Ethereum token exchange designed for both professional traders and retail investors. Through their intuitive trading platform, it enables individuals and institutions around the world to trade and invest in a wide variety of cryptocurrencies and blockchain assets.

PANONY

Co-founded by Alyssa Tsai and Tongtong Bee, PANONY provides consulting services and media solutions to bridge the knowledge gap in the blockchain and fintech industry. PANONY works with a range of clients from startups to Fortune 500 companies, offering strategic consulting, media and PR services.

Futubull

Futubull provides an online platform for local and overseas investors. The platform facilitates access to CN, HK and US stock markets, delivering real-time stock quotes and intelligent and conditional orders.

Credit Hero

Co-founded by Jason Ho and Ronald Lam, Credit Hero is a fintech company that specializes in personal lending. Using cutting-edge technologies like artificial intelligence, machine learning, and data science, Credit Hero offers fintech services to customers.

CapitaLink Technology Limited

CapitaLink Technology Limited has built the first all-in-one investor-relations technology platform for listed companies and institutional investors. With almost 40 years of combined market experience, the IRLink team has created an event portal for the institutional investor and research analyst community in the Hong Kong market.