Finoverse Takes Hong Kong Connectivity Worldwide

A version of this article first appeared in DigFin on 31 October 2022.

Finnovasia, the pioneering events organizer behind Hong Kong Fintech Week, is rebranding as Finoverse – and taking the party beyond Hong Kong’s shores.

Antony Sar, the co-founder of Finnovasia, says the new name reflects both the ambition to be a global company as well as a focus on Web3 and digital assets, as he describes it in his founder letter.  The two drivers are connected.

“Web3 is borderless,” he said. “Yes, there are local regulations everywhere, but the people operating Web3 businesses are scattered everywhere, many working remotely. We want to bring more connectivity.”

Sar says changing the company’s name is also positioning it for the next phase in fintech’s development. The first wave of fintech has led to the emergence of giant companies such as Stripe and Square in the US, as well as Asian leaders such as Alipay, Paytm and Grab. The early generation sought initially displace traditional banking, epitomized by the launch of challenger banks.

Read full article on DigFin.