HKSTP connects SE Asian Fintech unicorn with key partners to tap the enormous GBA market
HONG KONG, Nov 1 (Bernama-BUSINESS WIRE) -- Hong Kong Science and Technology Parks Corporation (HKSTP) today announced the addition of a global Fintech unicorn, Nium, as a partner company to HKSTP’s thriving Fintech ecosystem. 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.Nium has been present in Hong Kong since 2016 and the growing team will join other fast-rising Fintech ventures at Science Park’s flagship Fintech hub at InnoCentre in Kowloon Tong. The Temasek-backed Fintech startup closed its Series D funding round in July of this year, propelling its valuation beyond US$1 billion. The round enables Nium to accelerate its regional growth, with HKSTP chosen as the ideal partner for this next stage of the journey. The new funds will support rapid global expansion, with Hong Kong and the GBA as major growth opportunities. It currently holds several regulatory licenses and offices around the world, including in Singapore, Hong Kong, Australia, Malaysia, India, the US, and the UK.
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.
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