Hong Kong Fintech Week – key points and fintech industry insights

Tap2Pay team just participated in Hong Kong Fintech Week and we are glad to share key points and fintech industry insights.

Key Conclusions

• Pragmatic Innovation: Hong Kong aims to balance regulatory safeguards with open innovation by supporting real-world pilots in digital money, AI in compliance and customer journeys, and regulated asset tokenization.
• Cross-Border Connectivity: Payment Connect systems and cross-border rails are focusing on real-time, low-value payments, especially for travel and retail with the Chinese mainland—part of wider GBA (Greater Bay Area) integration.
• Environmental, Social, and Governance (ESG): There’s a strong focus on green and transition finance; ESG-tech is being leveraged for automated disclosures and financed emission tracking.

Major Trends

• AI and Data Pipelines: AI is rapidly moving into customer service, compliance, and risk analytics, with “smart processing” at the heart of next-generation finance.
• Expansion of Tokenization: Asset classes from funds and bonds to private investments are moving from pilot to production, with broad institutional buy-in and common token standards emerging.
• Virtual Asset Regulation: Hong Kong is recalibrating to allow safe, globally competitive crypto-asset trading, alongside cautious moves on stablecoin regulation and new investor protections.
• Financial Inclusion: Special emphasis is placed on SME credit access, affordable remittances, and financial health solutions for a digitally connected region.
• Resilience and Global Ambition: The “Fintech 2030” strategy positions Hong Kong as a programmable, resilient, and globally connected financial hub for the decade ahead, emphasizing real-world utility and international partnerships.

Opportunities for startups

• Supportive platform: Hong Kong is positioning itself as a major platform for scaling fintech and tech startups, particularly for Asia and beyond.
• Government support: InvestHK offers one-on-one customized support to help businesses set up and expand in Hong Kong.
• Financial and policy support: The event highlighted measures like the IP financing sandbox, enhanced Mainland and Hong Kong Closer Economic
• Partnership Arrangement (CEPA), new company re-domiciliation rules, and SME funding schemes.

It’s pleasure to be part of this event, there was a lot of meeting, new acquaintances and partnerships. We at Tap2Pay are actively launched on the Asian market and we have already successfully implemented a white label for our customers in Philippines.