Cyberport, in early December, celebrated the opening of Smart-Space FinTech, a 35,000 square foot all-encompassing co-working space tailormade for Fintech start-ups and companies.
“The launch of Smart-Space FinTech is testament to our commitment towards accelerating FinTech transformation and development in Hong Kong. It further deepens our work in offering Fintech companies a one-stop shop for all their entrepreneurial and development needs,” said Herman Lam, CEO of Cyberport.
Smart-Space FinTech features an Info Lab, FinTech service corners and training rooms for FinTech start-ups. The space encourages partners to develop solutions and enhance business development. Smart-Space FinTech will also facilitate networking events, accelerator programmes and knowledge sharing sessions to foster better partnership and collaboration among the community.
The initiative fulfils pledges made in this year’s Policy Address, which proposed to significantly expand Cyberport’s popular co-working spaces to further nurture digital tech start-ups. The opening of Smart-Space FinTech and Smart-Space FinTech 1 has increased Cyberport’s Smart-Space by over 50%.
In addition, Cyberport has also fulfilled two further initiatives discussed in the earlier Policy Address: increasing the intake of Cyberport incubatees and establishing a HK$200 million Cyberport Macro Fund- a co-investment fund that co-invests with other private and public investors in digital entrepreneurs.
