Following competitive Semi-finals held in six Asian cities, the final teams to compete in the Hong Kong FinTech Finals 2016 on the 26th of January have been determined.

The semi-finalists were selected from 60 shortlisted teams invited to pitch their business models before live audiences and judges to see who would get the coveted opportunity to go on to Hong Kong for the opportunity to win the FinTech Finals 2016 (FF16).

24 start-ups from across APAC are now vying to be «Best in Show», but only one lucky winner will receive USD$10K, as well as a range of partnership offerings.

The regional semi-finalist winners are:

  • invoiceInterchange (Singapore) provides an alternative to traditional financing for SME’s, and gives them flexibility in managing cash flows.
  • Shereit (Mumbai) is an app for social trading.
  • Macrovue (Sydney) is an online platform that assists people in investing in global themes of their choosing.
  • vLendRight (Bangalore) is a platform for banks to deliver an end-to-end auto purchase platform for its customers in collaboration with partner dealers.
  • Finotek (Seoul) is a platform providing identity verification for internet banking as well as cloud-based mortgage processing.
  • Currenseek (Kuala Lumpur) is an app that allows the user to find the best rates nearby to exchange their money.

The 24 teams will consist of the six winning regional semi-finalists. Six teams will join from regional incubators and accelerators.

Hunderts of Applicants

Startupbootcamp Fintech, Accenture Fintech Innovation Lab, Innotribe, BBVA Open Talent, Nest and Visa are each sponsoring a start-up competitor. Out of the hundreds of fintech start-up applicants to apply through the Fintech Finals 2016 website, only the top 12, vetted by 50 fintech experts, are part of the final 24 to demo live at FF16.

In addition to the final competition, the two-day schedule of FF16, part of the StartmeupHK Festival, will bring together a host of global fintech luminaries to speak and moderate panel discussions.

Amazing Line-up

The Keynote address on the 25th will be Chris Skinner, Chairman of Financial Services Club, and other speakers include Gustavo Vinacua, Director, BBVA Innovation Center.

The FF16 is being co-organised by Next Bank and FinTech Hong Kong with support by Visa for the competition and Startup Village.

«The Fintech Finals are going to be the fintech event of this year in Asia, and perhaps beyond. Between the amazing line-up of global speakers, the incredible burgeoning talent within each of these start-ups, and the support and enthusiasm from all the sponsors such as Visa, FF16 is sure to be a fantastic event not to be missed», said Next Bank founder Rob Findlay.