Fintech platform Lattice80 has found a partner to create a financial technology hub connecting Hong Kong and Singapore, Asia's dominant financial markets for fintech innovation.
Lattice80 signed an agreement with Supercharger, an investor in start-up and early growth companies, the Singapore-based firm said in a statement on Thursday. The two companies will create a bridge between the fintech ecosystems of Singapore and Hong Kong, benefitting startups in both countries. Supercharger has offices in Hong Kong and Kuala Lumpur, while Lattice80 has more than 11,000 fintech startups and 200,000 professionals registered on its platform.
«Mentorship programmes for startups in Singapore and Hong Kong will also facilitate an exchange of knowledge to create and scale unique solutions for the respective markets,» Lattice80 said in the statement. «In addition, investors in Singapore and Hong Kong will be able to access and invest with support from the fintech bridge.»
Reboot Through Partnerships
In October of 2017, Marvelstone Group-backed Lattice80 was in the news for being booted out of its Singapore offices. Last month, Marvelstone presented a new innovation centre in the central business district of Singapore, as reported by finews asia.
The group recently signed a contract with Seoul Metropolitan Government to support its fintech incubation center, and also linked up with IOTA Foundation to open a joint venture innovation lab in Singapore.