Citi Nurtures Hong Kong's Next FinTech Generation

Citi Nurtures Hong Kong's Next FinTech Generation
09.10.2017 01:05 pm

Citi Nurtures Hong Kong's Next FinTech Generation

FinTech StartUps

A group of 60 university students from Hong Kong visited Citi Ventures in San Francisco in September, as part of their week-long FinTech-focused entrepreneurship boot camp at Stanford Graduate School of Business in Silicon Valley under the Cyberport University Partnership Programme (CUPP). 

The students learnt first-hand from veteran tech-bankers on how technology implementations and usage work in the banking world and were given a glimpse of some of the innovations that Citi is working on. 

Ms. Angel Ng, Consumer Business Manager of Citibank Hong Kong said, "At Citi, we play a pivotal role in fostering the development of FinTech in Hong Kong, to build a digital ecosystem. We will continue to actively collaborate with different key stakeholders and close partners like Cyberport, to cultivate the next generation of FinTech talents in Hong Kong.

"We believe the participants from this program have already gained global insights and a unique understanding on how Citi's innovation works and our corporate culture, broadening their horizon to get a closer look of what the world's leading digital bank can offer." 

The students visited Citi Ventures on September 22 and were received by Valla Vakili, Head of Ventures Studio and Suman Natarajan, Vice President of Venture Investing. They explained how Citi Ventures partners with Citi's businesses to explore new solutions and capabilities for the bank and its customers. They also addressed the U.S. FinTech landscape and how the Venture Investing team partners with entrepreneurs to make strategic investments in start-ups that are developing solutions across Data Analytics & Machine Learning, Commerce & Payments, Financial Technology, Marketing & Customer Experience and Security & Enterprise IT.

"We were pleased to welcome the students from the Cyberport University Partnership Programme to Citi Ventures," said Valla Vakili, Head of Ventures Studio. "Engaging with diverse and emerging talent is an important part of our innovation model because it enables us to bring different perspectives to the table to uncover new solutions for our customers."

Another group of students from the Chinese University of Hong Kong will visit the award-winning Citi Innovation Lab in Singapore, which focuses on exploring new ideas and service concepts for transaction banking for institutions. Citi has a global network of labs in the U.S., Mexico, Ireland, Israel, and Singapore that drive innovation throughout the bank's businesses.

Related News

Berlin based Fintech Penta raises €7 million Series-A

Business bank account Penta today announced a €7 million investment round as its customer base continues to grow at pace. User numbers have increased over 900%, since the... Read more »

IMF and World Bank reveal Fintech Agenda

The International Monetary Fund and the World Bank Group today launched the Bali Fintech Agenda, a set of 12 policy elements aimed at helping member countries to harness the... Read more »

The full financial services ecosystem is all set for the FinTECHTalents festival, 30th & 31st October 2018, Here East, London

Event: FinTECHTalents
Dates: 30th & 31st October 2018 
Venue: Here East, London – in the Queen Elizabeth... Read more »

Augmentum Fintech plc announces £5.3 million investment in Monese

Augmentum Fintech plc (LSE: AUGM) (“Augmentum” or the “Company”), one of Europe’s leading fintech venture capital investors, announces an investment of £5.3 million in UK based... Read more »

FinTech Leader and Ethereum Co-Founder to speak at Sibos

Brett King, author, futurist, founder of mobile startup bank Moven and host of ... Read more »

INSTANTOR OPENS UP BANK API - PROVIDING UNIQUE ACCESS TO HALF A BILLION PEOPLE

Today Instantor, the Swedish fintech company making financial decisions easy, announces, WDSK, The World Domination Starter Kit. The WDSK is an initiative to... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App