Fintech Supercharger

Supercharger FinTech Accelerator 2.0 reaches final milestone

Supercharger FinTech Accelerator 2.0 reaches final milestone

Successfully kick starting new FinTech partnerships and collaboration

11 April 2017, Hong Kong SuperCharger FinTech Accelerator, along with main partners, Standard Chartered Bank – also a founding member, and Fidelity International, today announced the successful outcomes of the programme enabling international growth stage companies to expand their operations within Asia.


Standard Chartered Bank has initiated Proof of Concept projects with two companies:

– Robo-advisory for wealth management: Bambu is a B2B Robo-advisory company that builds intelligent software and investment solutions to improve the efficiency of wealth management.

– RegTech utilising distributed ledger technology: KYC Chain is a platform to provide greater convenience and security to users of distributed ledger technology. It allows users to manage their digital identities securely while businesses and financial institutions are able to manage customer data in a reliable and easy manner.

– Mr Shameek Kundu, Standard Chartered’s Global Head of Data, Technology Strategy and Innovation, said: “Standard Chartered Bank is proud to partner the Supercharger FinTech Accelerator Programme, which gives us the opportunity to team up with the brightest technology companies in our Asian footprint and to deliver the best service to our clients. We are delighted that the programme is taking place in Hong Kong, a key market for us, giving promising fintechs a springboard to the rest of Asia.”

– Mr Stuart Morley, Head of Technology for Asia & Central at Fidelity International, said: “We believe innovation, in terms of solutions and operating behaviour, is critical to providing the best possible service to our clients and should be at the heart of everything we do as a firm. We also believe in the power of collaboration and the SuperCharger program has enabled us to partner with some of the best startups and talent based in Hong Kong and also globally – partnerships that have enabled us to evolve our understanding of the potential of the fintech market and allowed the startups to evolve their own, exciting business propositions. SuperCharger is an important and valued component of our global innovation approach.”

This announcement at today’s SuperCharger FinTech Accelerator 2.0 Demo Day marked the successful completion of another 12-week programme from the world’s first fintech accelerator dedicated to both start-ups and scale-up global fintech companies aiming to capture the growth markets of Asia. The programme leverages on Hong Kong’s strength as Asia’s finance and technology gateway.

The success of the accelerator has been attributed to its strong partnership with corporate backers and designing the selection process to be demand-led by concrete business cases. Ms Veronika Kuznetsova, SuperCharger’s Managing Director, explained: “Such an achievement highlights the effectiveness of SuperCharger as a sustainable model for facilitating dialogues between the decision makers of the financial industry and the forward-thinking techpreneurs from startups, which ultimately leads to the advancing of the fintech ecosystem in Asia.”

Built from the ground up in just two years, SuperCharger has gained significant momentum. Its location is strategic as Asia is now the largest market in the world for fintech with US$10 billion invested in 2016. Mr Janos Barberis, SuperCharger’s Founder, said: “Our goal is to make SuperCharger the leading partnership builder between financial institutions and fintech companies. With this Demo Day, we now have the track record, team, alumni network and partners we can reach this goal and firmly establish ourselves, and be recognised, as Asia’s leading fintech accelerator.”

SuperCharger FinTech Accelerator 3.0 will open for applications in the summer of 2017, enabling up and coming fintech companies to scale across Asia.


SuperCharger Fintech Accelerator
Leveraging on Hong Kong’s traditional strength as Asia’s finance and technology gateway, SuperCharger is a 12-week Fintech Accelerator Programme backed by Standard Chartered Bank, Fidelity International and Cyberport, among others. In its first batch, SuperCharger 1.0 received over 160 applications from more than 25 countries globally and selected 8 Fintechs. The selected companies had raised between US$ 200,000 and 150 million and ranged from early-stage to late-stage growth Fintech companies. Throughout the programme, SuperCharger’s 2000 sq. ft. co-working office was enriched by the participation and mentorship of more than 150 individuals, including VCs, mentors, government officials, journalists and the next generation of young entrepreneurs.

SuperCharger’s finalists and alumni are shaping the future of finance in Hong Kong and beyond. For more information about SuperCharger and its Demo Day, please visit www.fintechsupercharger.com, or contact hello@fintechsupercharger.com.

 

SUPERCHARGER FINTECH ACCELERATOR 2.0 – COHORT LIST

1. Bambu – Wealth Management – is a B2B Robo-advisory company that builds intelligent software and investment solutions to improve the efficiency of wealth management.

2. Clare.ai – Artificial Intelligence and Chatbots – Clare.ai is building a white-label chatbot to help banks deliver customer service with more controls and cost efficiencies. It provides a conversational solution based on machine learning algorithms and natural language processing.

3. Entersoft – Cybersecurity – Entersoft is an application security provider based in Australia. It integrates offensive assessment, proactive monitoring and managed security to provide cost-effective and reliable solutions.

5. FinChat – RegTech – FinChat Technology is a mobile-compliance monitoring service provider based in Singapore. Through its all-in-one mobile compliance solution, FinChat ensures regulatory compliance and facilitates collaborative pursuits between financial institutions.

6. Foris – Payments – Foris is Southeast Asia’s universal money application. Launching in Hong Kong and Singapore in Q1 2017, it will provide a multi-currency account that allows users to manage money at perfect interbank exchange rates.

7. KYC Chain – RegTech is a platform to provide greater convenience and security to users of distributed ledger technology. It allows users to manage their digital identities securely while businesses and financial institutions are able to manage customer data in a reliable and easy manner.

8. Squirro – Big Data / Data Visualisation – Squirro is a data insights solution developer based in Zurich. Squirro works with global data-driven organisations and provides solutions in risk, service, and customer insights.

9. Xnotes Alliance – Blockchain – XNotes Alliance provides business-driven, currency-agnostic and energy-efficient enterprise class blockchain-based solutions. It provides users with full accessibility control across the transaction process, empowering them to run more efficiently and securely.

SuperCharger 2.0 Demo Day – join the grand finale of our second accelerator program

SuperCharger 2.0 Demo Day – join the grand finale of our second accelerator program

SuperCharger will be holding a Demo Day on April 11, 2017 on the historic Hong Kong Exchange trading floor. The day will announce exciting new partnerships, deals, and news from the program, followed by SuperCharger’s start-ups showcasing the accelerated progress they have made in the past 12 weeks through pitches and demo of their cutting-edge products. The event will also feature speeches from corporate partners and special guests, followed by networking. You will also have the opportunity to have more private interactions with our start-ups at their dedicated booths.


Sign up here to be part of our grand finale. For more information on the Demo Day, please email hello@fintechsupercharger.com.

The participating start-ups are:

  • Bambu[Wealth Management]: Bambu is a Singapore-based Robo-advisory company that just won Best Early Stage Startup in the Next Money Fintech Finals 2017. It provides innovative, cost-effective and efficient entry points into investing and wealth management.
  • ai[Artificial Intelligence]: Clare.ai is building a white-label chatbot to help banks deliver customer service with more controls and cost efficiencies. It provides a conversational solution based on machine learning algorithms and natural language processing.
  • Entersoft[Cybersecurity]: Entersoft is an application security provider based in Australia. It integrates offensive assessment, proactive monitoring and managed security to provide cost-effective and reliable solutions.
  • FinChat[Regulatory Techology]: FinChat Technology, winner of MAS FinTech Awards during Singapore FinTech Week, is a mobile-compliance monitoring service provider based in Singapore. Through its all-in-one mobile compliance solution, FinChat ensures regulatory compliance and facilitates collaborative pursuits between financial institutions.
  • Foris[Payments]: Foris is Southeast Asia’s universal money application. Launching in Hong Kong and Singapore in Q1 2017, it will provide a multi-currency account that allows users to manage money at perfect interbank exchange rates.
  • KYC-Chain[RegTech]: KYC-Chain is a digital identity platform that uses Distrubted Ledger Technology to help banks and other financial institutions to comply with regulatory requirements.
  • Squirro[Big Data / Data Visualisation]: Squirro is a data insights solution developer based in Zurich. Squirro works with global data-driven organisations and provides solutions in risk, service, and customer insights.
  • XNotes Alliance[Blockchain]: XNotes Alliance provides business-driven, currency-agnostic and energy-efficient enterprise class blockchain-based solutions. It provides users with full accessibility control across the transaction process, empowering them to run more efficiently and securely.

SuperCharged and Ready to Go: SuperCharger FinTech Accelerator Launches Its Second Programme for 2017

SuperCharged and Ready to Go: SuperCharger FinTech Accelerator Launches Its Second Programme for 2017

Hong Kong, 12 January 2017 – SuperCharger FinTech Accelerator successfully launched its second programme on January 9 in the newly opened Cyberport FinTech Smart Space. SuperCharger welcomed its cohort of 8 FinTech start-ups and scale-ups – Bambu, Clare.ai, Entersoft, FinChat, Foris, KYC Chain, Squirro, and Xnotes Alliance – who will be collaborating with and learning from leading FinTech professionals over the next three months in the largest FinTech space in Asia.

The Launch Day attracted over 200 people from the Hong Kong FinTech community and presented an opportunity for the new cohort to connect with an extensive network of entrepreneurs, investors and finance experts. Ms Veronika Kuznetsova, Managing Director at SuperCharger, announced the reformulated programme and reinforced the goals of the finalists leading up to the Public Demo Day on April 11 at HKEx Trading Floor: “We are committed to delivering results for our participants through driving long term growth for their businesses, facilitating valuable partnerships and opening doors to help them establish a strong foothold in the Hong Kong market. The lasting success of the start-ups directly translates to success of the programme.”

Representatives from Standard Chartered Bank and Fidelity International, Main Partners of SuperCharger, delivered speeches about the renewed drive for FinTech in Hong Kong in relation to the city’s existing role as Asia’s financial hub. Mr Paul Wan, Standard Chartered’s Interim Chief Information Officer for Hong Kong, said: “Standard Chartered is proud to be the main partner of SuperCharger for the second consecutive year. We believe that innovative ideas brought by the 8 FinTech finalists will help bring technological advancements to the Bank’s products and services. With the Hong Kong Monetary Authority’s FinTech Supervisory Sandbox up and running, Standard Chartered is committed to supporting Hong Kong’s FinTech ecosystem and leveraging these cutting-edge technologies to improve our customers’ experience.”

Invest Hong Kong (InvestHK), a government department tasked to attract foreign direct investment into Hong Kong, is one of the sponsors of SuperCharger, The department collaborates with entrepreneurs, accelerators and innovation labs to promote Hong Kong as a key FinTech hub in the region. Its newly established FinTech team provides one-stop support to FinTech companies and entrepreneurs planning to set up or expand their presence in Hong Kong.

Mr Charles d’Haussy, Head of FinTech, InvestHK, said: “We’ve seen a significant growth of FinTech start-ups in Hong Kong, an increase of around 38% in 2016 than a year before (source: InvestHK, HK’s Startup Ecosystem Survey 2016), according to our latest startup profiling survey. InvestHK welcomes Fintech start-ups by offering free, customised and confidential services from planning, set-up, launch to expansion. Together with the help of the accelerators, start-ups can find plenty of opportunities in this vibrant FinTech hub.”

The launch of SuperCharger 2.0 took place in a timely lead-up to the StartmeupHK festival 2017, an initiative by InvestHK that showcases the city’s start-up scene and technological innovations. From 16 to 20 January, the festival will bring together global and local founders, innovators and investors to hold interactive discussions, panel sessions and competitions on a wide range of topics. The festival is the second event of its kind organised by InvestHK following the success of the inaugural Hong Kong FinTech Week in November 2016. In order to build the momentum of the active FinTech scene here, the FinTech Finals 2017 will come back again to HK, as one of the highlights of the festival, in which the selected local and global companies will compete for the prize of US$10,000. 3 companies from SuperCharger – Bambu, Clare.ai and KYC Chain – have also been selected to pitch in the finals, reasserting the role of accelerators in supporting the growth of start-ups.

With an increase in the number of technology start-ups by 24% from last year (source: InvestHK, 2016 Start-up Profiling Survey), accelerator programmes could serve as a sustainable model to propel the local FinTech ecosystem, as demonstrated by SuperCharger and a strong track record of its alumni: Neat has launched a private beta of Neat Mastercard that enables contactless payments in connection with its own budgeting app, amassing 150 users within a month; Funding Societies has raised US$7.5 million from Sequoia Capital to build a P2P lending platform; Amareos has partnered with Thomson Reuters to combine financial services and AI analytics technology for making informed investments; WeCash, the first online credit assessment platform and solutions in China, was listed as Top 40 Leading Global Innovator under Leading Global FinTech Innovators in 2016. MicroCred has secured US$71 million capital investment for its expansion in China and the development of their Internet finance strategy. Gatecoin has partnered with MicroCred to scale beyond Asia into Africa.

As such, the HKSAR government continues to launch innovative projects to bolster Hong Kong’s role as the nexus for growth in FinTech. The government has injected HK$5 billion into the Innovation and Technology Fund and another HK$2 billion into the Innovation and Technology Venture Fund to support start-ups. Most recently, the signing  of MOU between Hong Kong and Shenzhen to develop the Innovation and Technology Park together, and the open of the largest FinTech co-working spaces in Asia at Cyberport demonstrate the determination of Hong Kong to become a global FinTech hub.

Such efforts have proven fruitful, as demonstrated by an increasing attraction of global FinTech companies to Hong Kong and success stories by the local start-ups (source: SCMP, Fishing for FinTech). Mr Janos Barberis, Founder of SuperCharger, emphasized the need for continued synergy between the public and private sectors for endorsing the city’s FinTech scene, particularly for the development of top talents:

“FinTech in Hong Kong is maturing and this year we can expect a focus on Human Capital Development. A number of initiatives to develop talent have been announced, and SuperCharger is fully involved in that respect. This year, in collaboration with Austern Company and Standard Chartered Bank, we plan to train over 40 students throughout the 3 months of the accelerator by directly placing them with our 8 companies.”

In recognition of the need for human capital investment in FinTech, formal education and training schemes have been set up. The Chinese University of Hong Kong will be commencing the world’s first FinTech undergraduate degree next year (source: CUHK, CUHK Faculty of Engineering Launches First-ever FinTech Undergraduate Programme in Hong Kong). HKMA and ASTRI has launched the FinTech Career Accelerator Scheme (FCAS) with the support of 11 banks and 9 universities (source: Hong Kong FinTech, The HKMA and ASTRI launched the FinTech Career Accelerator Scheme). As such, collaboration between accelerators, financial institutions and universities is vital in fostering talented graduates to cater to the growing FinTech industry. SuperCharger, as a part of the education initiative, looks forward to sharing experiences with participating graduates in the second programme.

SuperCharger
Leveraging on Hong Kong’s traditional strength as Asia’s finance and technology gateway, SuperCharger is a 12-week FinTech Accelerator Programme backed by Standard Chartered Bank, Fidelity International and Cyberport, among others. In its first batch, SuperCharger 1.0 received over 160 applications from more than 25 countries globally and selected 8 Fintechs. The selected companies had raised between US$ 200,000 and 150 million and ranged from early-stage to late-stage growth FinTech companies. Throughout the programme, SuperCharger’s 2000 sq. ft. co-working office was enriched by the participation and mentorship of more than 150 individuals, including VCs, mentors, government officials, journalists and the next generation of young entrepreneurs.

SuperCharger’s finalists and alumni are shaping the future of finance in Hong Kong and beyond. If you have any questions or comments, please reach us at hello@fintechsupercharger.com

 

SuperCharger FinTech Accelerator 2.0 kicks off Hong Kong FinTech Week

SuperCharger FinTech Accelerator 2.0 kicks off Hong Kong FinTech Week

8 finalists announced including some of the hottest start-ups and scale-ups in wealth management, RegTech, artificial intelligence, cybersecurity and blockchain


Hong Kong, 7 November 2016
– As an indication of the rising FinTech trends in Asia, wealth management, regulatory technology (RegTech), artificial intelligence, cybersecurity and blockchain were the areas with the most compelling submissions for the 2017 SuperCharger FinTech Accelerator 2.0 programme, Hong Kong’s 12-week FinTech accelerator programme sponsored by Standard Chartered Bank and Fidelity International.

For a second year running, SuperCharger, which aims to help the most promising start-ups and scale-ups grow in Asia, has surpassed other Hong Kong FinTech accelerators with almost 200 applicants from 33 countries from which 8 finalists were selected.

Mr Shameek Kundu, Standard Chartered’s Global Head of Data, Architecture and Innovation, said: “As the founding sponsor of the SuperCharger, Standard Chartered has a demonstrable record for encouraging the development of the FinTech ecosystem in Asia by investing in FinTechs as well as cultivating and collaborating with several exciting start-ups to help them grow. From the SuperCharger Fintech Accelerator 2.0 cohort, we hope to provide the launchpad for more interesting collaborations that can help us make banking simpler and improve the client experience.”

Mr Stuart Morley, Head of Technology – Asia at Fidelity International, said: “At Fidelity, we believe in a collaborative philosophy when engaging with the FinTech ecosystem. The SuperCharger accelerator is a high quality program that enables us to partner with some of the brightest startup prospects from around the world and on themes that are of particular interest and importance to Hong Kong and the Financial Services industry more broadly right now. We are excited about our involvement with the SuperCharger once again and are committed to developing, in conjunction with the 8 finalists, new and progressive solutions for our clients.

Mr Janos Barberis, Founder of SuperCharger, said: “SuperCharger is strongly establishing itself as Hong Kong’s leading FinTech accelerator. The quality of this year’s cohort is a testament to that and reflects the role our accelerator plays for the sourcing of products, solutions and talent in the financial services industry in this region.”

The 8 finalists for SuperCharger 2.0 are (alphabetical order):
1.  Bambu – Wealth Management
2.  Clare.ai – Artificial Intelligence and Chatbots
3.  Entersoft – Cybersecurity
4.  FinChat – Regulatory Techology
5.  Foris – Payments
6.  KYC Chain – Regulatory Technology
7.  Squirro – Big Data
8.  Xnotes Alliance – Blockchain

The 8 selected companies are highly complementary and present clear partnership opportunities with SuperCharger corporate partners. Each company’s founder will participate in a robust curriculum structured around bespoke content and gain access to an extensive network of partners and mentors. Following the 12-week programme, the companies will have supercharged their growth within the Asian FinTech Market, currently the largest in the world by nominal investment amounting to US$2.6 billion in Q1 of 2016 (source: KPMG: The Pulse of FinTech Q1 2016).

The total number of applications rose by 24% compared to the previous year, as a result of greater awareness and popularity of the programme. More than an accelerator, SuperCharger keeps the pulse on FinTech markets globally. It increasingly attracts mature companies (54% are revenue generating) and supports cross-border activity of start-ups as they internationalise themselves. In that respect, Hong Kong plays a key role as Asia’s FinTech super connector.

In addition to the programme’s main sponsors Standard Chartered and Fidelity, SuperCharger FinTech Accelerator 2.0 is also supported by Cyberport, a venue partner providing the participants the newly opened Cyberport Smart-Space FinTech Centre as their co-working space. Other supporting organisations include Hong Kong Exchanges and Clearing, VISA, Baker and McKenzie, Arbor Ventures, General Assembly, Amazon Web Services, InvestHK, FinnovAsia, Mambu, FinTech St, e27, Crowdfund Insider and the University of Hong Kong.

SuperCharger
Leveraging on Hong Kong’s traditional strength as Asia’s finance and technology gateway, SuperCharger is a 12-week FinTech Accelerator Programme backed by Standard Chartered Bank, Fidelity International and Cyberport, among others. In its first batch, SuperCharger 1.0 received over 160 applications from more than 25 countries globally and selected 8 Fintechs. The selected companies had raised between US$ 200,000 and 150 million and ranged from early-stage to late-stage growth FinTech companies. Throughout the programme, SuperCharger’s 2000 sq. ft. co-working office was enriched by the participation and mentorship of more than 150 individuals, including VCs, mentors, government officials, journalists and the next generation of young entrepreneurs.

SuperCharger’s finalists and alumni are shaping the future of finance in Hong Kong and beyond. If you have any questions or comments, please reach us at hello@fintechsupercharger.com.

Announcing SuperCharger’s new look

Announcing SuperCharger’s new look

FinTech moves fast — and we are evolving with it.

Today, SuperCharger announces a new logo and brand identity that reflects our mission: Supecharging the FinTech scene with a jolt of electricity while connecting the innovators, industry players and users.

The new logo represents a stylized “S”, standing for SuperCharger. It also embodies an infinity sign – representing endless possibilities in innovative thinking. It can be seen as a stylized “8”, denoting the eight companies whose growth we accelerate each year. We decided to keep our yellow & black theme color to represent power and openness. The edgy design includes an electric circuit element to reflect our tech aspect.

You will see the new design roll out across our platforms soon. Enjoy!

Applications open until 20th October: Apply now!

SUPERCHARGER_LOGO_COLOR_WHITE_BACKGROUND_1

What is SuperCharger?
SuperCharger is a 12-week FinTech accelerator program based in Hong Kong with a unique model of accepting applications from both early stage start-ups and established scale-ups. It benefits the Accelerator’s participants by bringing them access to go-to-market resources, outstanding mentorship, as well as unrivalled technology and expert advice in areas such as market entry, regulatory obligations, and joint-venture opportunities.

We already have 30 applications. Don’t miss out –  APPLY NOW before 20th Oct!