HKSTP adds Fintech unicorn Nium as partner company

KUALA LUMPUR, Nov 1 -- Hong Kong Science and Technology Parks Corporation (HKSTP) has announced the addition of a global Fintech unicorn, Nium, as a partner company to HKSTP’s thriving Fintech ecosystem.

HKSTP Chief Executive Officer, Albert Wong said: “The addition of such a world-class leader is a sign of strength for Hong Kong’s thriving Fintech scene, and proof of the city’s allure as a global Fintech hub.”

“Growing adoption of API-driven solutions among Hong Kong’s financial institutions are fuelling rapid development of Fintech startups, like Nium, and igniting growth for next-generation financial technologies into the GBA and beyond.”

Nium is opening its new office at InnoCentre to leverage Hong Kong’s growing Fintech opportunities as well as the huge GBA market potential for seamless application programming interface (API)-based payments services.

The high-growth Fintech startup connects consumers, corporations and financial institutions to the world’s payment infrastructure through a single API for fast, low-cost international transfers, according to a statement.

HKSTP has already connected Nium with a number of Fintech API players in Hong Kong to accelerate service development and business growth.

Through collaboration with industry leaders and tech startups at InnoCentre, Nium can instantly plug into the Hong Kong’s thriving Fintech ecosystem and ride the wave of API-based financial services sweeping across Hong Kong and the GBA.

Nium will leverage Hong Kong’s status as an international financial centre, a regulatory leader, a transportation and trade centre, and a world-class international I&T hub to power its regional expansion plans.

The HKSTP Fintech ecosystem can fuel Nium’s growth journey by providing the ideal environment for API innovation, connections to deep Regtech and Fintech expertise, as well as integration to the GBA.

More details at www.hkstp.org.

-- BERNAMA