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

Asian Financial Forum to showcase 20 startups

The InnoVenture Salon will debut at next week's Asian Financial Forum (AFF), to foster start-up development. 

Read more »

SBDA Group and FinSight Ventures Announce the Closing of Series A Investment Round to Advance SBDA’s AI Customer Engagement Solution for Retail Banks

SBDA Group signs agreement with lead investor FinSight Ventures and Digital Space Ventures to close the Series A venture investment round. The funding will be used to advance... Read more »

PAIR Finance Raises € 4,5M and Wins New Strategic Investors

The Berlin-based Fintech company PAIR Finance raised €4,5M in series A funding from strategic investors and financial investors. Among others, Zalando, Hitfox Group and a... Read more »

Nordea Ventures Set up to Invest in FinTechs

Nordea has established Nordea Ventures to make strategic investments in fintech start-up companies. This further supports Nordea’s strategy of building a truly agile,... Read more »

Ebury Launches Office in Brussels

Ebury, one of the fastest growing fintechs for corporate global transaction services, has announced the opening of a second office in the Benelux region. 

Following the... Read more »

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