FIN­TECH IN ASIA

Silicon Luxembourg - - CHRONICLE -

Day three of Money20/20 was a fit­ting fol­low-up to day two for the LHOFT, re­volv­ing around fin­tech in Asia, in­clud­ing many suc­cess sto­ries, and men­tions of the up­com­ing Money20/20 Asia. Later in the day, they an­nounced the win­ner of the startup pitch com­pe­ti­tion:

New­bank, a com­pany that of­fers blockchain-based KYC/AML so­lu­tions, took home the prize. The clos­ing acts on the key­note stage in­cluded great pre­sen­ta­tions by Rita Liu, head of EMEA at Ali­pay, who talked about their ex­pan­sion strat­egy in Asia, and Sop­nendu Mo­hanty, CFO of the Mon­e­tary Au­thor­ity of Sin­ga­pore, who fore­cast the death of plas­tic within five years. An­other Money20/20 com­plete and an­other few thou­sand peo­ple who are now fa­mil­iar with Lux­em­bourg's strengths in fi­nan­cial ser­vices and fin­tech.

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