AutoMi completed the HSBC and HK Science and Tech Park Banking Booster

AutoMi being one of the prominent local financial solution provider, joined and completed the HSBC and HK Science and Tech Park Booster program successfully.

"It is a fantastic opportunity for us to showcase our technological capability and our domain knowledge in the small and medium sized business (SME) domain.", Founder and Chief Evangelist Newland Mak said.

The program aimed to connect local and overseas technology providers with the banking industry to collaborate and innovate through the banking API. Banking API is the "bridge" between bank and technology providers, an interface to help serve the banking industry and end users like SMEs.

Eugene Hsia, Chief Corporate Development Officer of HKSTP, said: “The success of API EcoBooster highlights the enormous opportunities for both start-ups and established enterprises to jointly pilot various ideas and solutions in a fast and risk-free environment. As we embrace the new normal, the transformative power of innovation becomes even more apparent and effective. Open APIs propel us towards an era of rapid evolutions within the Fintech ecosystem and as an international financial centre, Hong Kong is at the forefront in driving such adoptions. 

HKSTP is a tale of more than 1,000 technology companies, as well as the stories of over 9,000 R&D entrepreneurs, who are driving Hong Kong's innovation using our various platforms and infrastructure. We will continue to unlock new opportunities for innovators and business partners and together we will cement Hong Kong as a global centre of Fintech innovation.”

Terence Chiu, Head of Commercial Banking, Hong Kong, HSBC, said: “HSBC and HKSTP have forged strong partnerships to support the innovation and technology ecosystem for years. Committed to driving digital banking innovation for our customers, we are thrilled to see the enthusiastic response and inspiring submissions to this meaningful programme. This new level of crossover between banks and tech ventures has opened up many new possibilities. This paves the way for more co-creation to bring continuous breakthroughs to the financial services industry, making banking more accessible for customers in the long term.”