According to a recent report, Asia’s leading financial technology group announced the launch of its new initiative: Wall Street Factory (WSF). This initiative is a new interactive platform for FinTech entrepreneurs, start-ups and financial institutions to form a community based on networking, innovation and sharing resources; and to help their businesses grow by providing 360 all-round financial services.
This is aimed at fulfilling the firm’s mission of developing Hong Kong’s FinTech Community into a regional financial powerhouse.
Spanning over 25,800 square feet, WSF is headquartered in the heart of Hong Kong Island and aims to create a platform that empowers global start-ups, particularly FinTech companies to tap to the Asian FinTech hub.
It has twelve signature conference rooms and three main event spaces, namely: Arena, Wall Street Corner and Sandbox, which are able to accommodate about 150-300 persons each. Every space is specially designed and furnished to support the business development and daily operations of FinTech players.
Empowered by the tech firm, WSF will work to build a comprehensive, valuable and interactive platform that helps businesses grow through providing one-stop solutions from business incorporation, office space, bank account opening, working visa application, operation support, business referral, fundraising to the capital market advisory.
WSF also serves as a central connector to investors, regulators, financial institutions, business partners, potential customers and media resources with its key strengths as below:
– Furnished office space
– Premium facilities and amenities
– Professional corporate services
– Broad FinTech community
– Extensive banking and investor network
– Relaxing and recreation facilities for work-life balance
(Time Out Cafe, Wall Street Fitness, etc.)
With its integrated platform, WSF is striving to collaborate with global e-wallets and financial institutions in offering and promoting their Open Banking APIs (Application Programme Interface) to global FinTech, WealthTech, InsureTech, PropTech companies and more.
Currently, WSF has commenced collaboration with a few FinTech pilot players, covering Blockchain, Artificial Intelligence (AI), Big Data and PropTech companies.
The Founder and Chairman of TNG stated that they are looking to witness the official grand launch of WSF, which perfectly matches TNG’s commitment to elevating lives of billions with financial empowerment and financial services.
WSF is designated to help start-ups grow to rising-stars to unicorns, and then to public listings in the major stock exchange, by providing them with a host of business and fundraising solutions.
The firm aims to realize this vision as quickly as possible with carefully managed resources, effort and passion to do more and personal integrity. WSF, with its strong network in WealthTech, CreditTech, Global E-money Alliance, Innovation Labs and Associations, Blockchain, etc., is believed to play a critical role of facilitator, accelerator and supporter for the business growth of global start-ups.
