Jack Ma's Ant Group is now joining InvestHK to boost the training and capabilities of Hong Kong's fintech industry, helping to train professionals in their work and boosting the country's focus on its ventures. InvestHK welcomes Ant Group to help in the future of the "10x1000 Tech for Inclusion" program which will bring back the talents and further improve Hong Kong's fintech.
The program was initially launched in 2018, centering on the training program that will help Hong Kong's financial technology focus, and gains a new ally now with the Alibaba company.
Jack Ma's Ant Group Joins InvestHK's Training Program
The South China Morning Post's report detailed the latest addition to InvestHK's initiative, with the arrival of a new partnership with Jack Ma's Ant Group to help. It will help on delivering an experience that will better the fintech industry in the region with its main focus to improve the venture by training more professionals to help the city's needs.
Alipay HK and the International Finance Corp agreed to work together for this cause, with its efforts moving forward with InvestHK's goals for the city.
It also centers on talent acquisition for the fintech industry, centering on improving professionals and their work that will help build Hong Kong's known status as a fintech hub.
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10x1000 Tech for Inclusion: Fintech Training
The program is known as the 10x1000 Tech for Inclusion, which aims to help improve fintech professionals with the work quality and services they will soon render for the companies and apps available in the market. It aims to attract those who have left the city amidst the COVID-19 pandemic and uplift the city's fintech industry moving forward.
Alipay and InvestHK
InvestHK and Alipay are moving towards a future that will bring back the initial focus of the city centering on its fintech advantages and focus that made Hong Kong a hub for this venture. There was a previous focus on the city's advancement towards modern financial solutions that centers on digital coins, aiming to restore its "Crypto Hub" status.
The new partnership will help the initiative get a further footing in this focus, as Alibaba's Alipay is one of the most known fintech platforms in the world, accessible to many regions worldwide.
Ant Group is centering on its reorganization as well, employing the help of a risk management veteran to help with its cause and bring the company to greater heights that will help with its initiative. Moreover, it is an ideal time for them as the company already established the brand but is experiencing some difficulties in its growth.
Alipay and InvestHK's ideals and goals are in sync with each other, and it will reinforce the fintech industry in Hong Kong to move forward with its previous focus on financial technology. The latest partnership will help the country, as well as Ma's company, in their visibility in the country, attracting future professionals along the way.
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Written by Isaiah Richard
