As part of Google’s ongoing commitment to help digitize Hong Kong, they, together with Quinlan and Associates, have launched a new report titled Smarter Digital City: Advancing Hong Kong’s FinTech Ecosystem. This report comprehensively reviews the FinTech landscape in Hong Kong, including examining the various hurdles and priorities Hong Kong FinTechs face. The report includes feedback from 126 C-suite executives, including in-depth discussions with nine late-stage FinTechs and two policymakers. From these responses, key challenges that FinTechs struggle to overcome are sales and marketing, product innovation and finding the right talent and funding. In addition, regulatory issues have been identified as a pressing matter, with 60% of FinTechs feeling as though Hong Kong’s international competitiveness as a FinTech hub.

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To learn more about Hong Kong’s FinTech landscape, as well as the report’s key recommendations and takeaways from the data collected, download the report for free.‍

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About Privé Technologies:

‍Founded in 2011, Privé Technologies is a leading Software as a Service (SaaS) provider digitizing wealth management services of Banks, Asset Managers or Insurers. Our suite of products spans from client acquisition, digital onboarding and robo-advisory solutions, to portfolio construction, AI optimization, portfolio management (PMS), portfolio monitoring and reporting, to account aggregation, and more. Our lego block approach allows clients to choose and assemble unique journeys using Privé modules to suit their individual needs, such as fully digital Advisor-led wealth management journeys or end-to-end robo-advisory solutions. Privé Technologies services over 70 blue-chip clients across 16 markets globally and currently has offices in Hong Kong, Singapore, Taiwan, South Korea, Thailand, Germany and Austria.

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