Singapore fintech hub Lattice80 has upped its plans to establish a meaningful presence in the United Kingdom.
Joe Seunghyun Cho, the ambitious CEO of Latttice80, has made no secret of his desire to plant his brand's flag in Europe's financial technology capital.
His plans have mow taken a step closer to fruition with the recruitment of a new general manger in the U.K. and news that Lattice80 is in talks with relevant parties to secure and open a fintech hub in the city by 2018.
Hunt For Suitable Hub Space
Leveraging his years experience in the technology and fintech sectors as an entrepreneur and business leader, Nic Pantucci has been hired as general manager of Lattice80 in London to oversee the planned U.K. presence, Lattice80 said in a press release.
As of August 2017, the U.K. entity has also been registered, and the hunt for a suitable hub space is in process.
Fintech Bridge Since 2016
«I'm delighted that Lattice80 is expanding into to the United Kingdom. They are perfectly placed to help facilitate Asian investment and help U.K. startups expand into the rapidly growing Asian fintech market,» said Mark Field MP, Minister of State for Asia and The Pacific in the Foreign & Commonwealth Office.
The fintech's planned expansion to London will support the «Fintech Bridge» agreement signed between the U.K. and Singapore in 2016.
