HONG KONG - Thomson Reuters announced today its partnership with FinTech accelerator SuperCharger to bring technology and market data access to FinTech firms undergoing its Hong Kong based program.
The SuperCharger is the first FinTech accelerator program to be strategically located in Hong Kong which is dedicated to both startups and more established global FinTech companies aiming to capture the Asian growth market. The program leverages Hong Kong's traditional strength as Asia's finance and technology gateway while enabling companies to access the opportunities in mainland China which today represents one of the world's largest markets for FinTech firms.
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Under the partnership, Thomson Reuters will be involved in mentorship for the program as well as gaining access to innovative and promising startups at their early stages.
Gautam Verma, Head of Market Development for Enterprise in Asia and part of the FinTech Task Force at Thomson Reuters, said, 'Hong Kong continues to be a leading and dynamic FinTech hub in Asia Pacific. By opening Thomson Reuters technology, tools and services to FinTechs, we aim to foster sustained, ongoing innovation to allow us to be pivotal in this industry's transformation. The SuperCharger accelerator program provides a perfect opportunity for us to do that.'
Janos Barberis, Founder of SuperCharger, said 'The SuperCharger was built on a vision to inspire the future generation of entrepreneurs whilst enhancing Hong Kong's competitiveness as a leading Financial center. This is achieved by acting as a catalyst favorising FinTech x FinTech partnerships as well as FinTech x FinServ joint ventures. Thomson Reuters provides an excellent platform to deliver on this vision and it is great to have them involved.'
Philippe El-Asmar, Founding Partner at Amareos, said 'The Supercharger is unique in that it brings together first class global financial organizations like Thomson Reuters with startup talent. Amareos is benefiting from this program and has deepened its relationship with Thomson Reuters. This demonstrates their willingness to work and partner with FinTech start-ups in Hong Kong.'
The Supercharger program has now commenced its third phase - a 12-week, structured curriculum designed to create success. The accelerator will assist with company building, mentorship and advice in areas such as market entry, regulatory obligations and joint venture opportunities. A 'demo day' will take place on 7 April 2016.
About Thomson Reuters
Thomson Reuters is the world's leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for over 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.comAbout SuperCharger
The SuperCharger Accelerator is the first program dedicated to both start-ups and more established global FinTech companies aiming to capture the Asian growth market. The program leverages on Hong Kong's traditional strength as Asia's finance and technology gateway. It currently incubates 8 companies some of which have already raised US$150million.
Amareos was created on a simple observation that today there is simply too much information available. It is impossible to process and analyze manually everything that is said on a topic. However, technology has reached a point where it is now possible to scour information on the web constantly. Amareos converts the volume and variety of millions of news and social media streams into manageable information flows that drive sharper decisions. Amareos is a proud winner of one of the eight available Acceleration spots of the SuperCharger.