EVIDENT Selected for the 2024 Accenture FinTech Innovation Lab Asia-Pacific

EVIDENT is selected for the Accenture FinTech Innovation Lab Asia-Pacific 2024. Sponsored by Accenture and Hong Kong Cyberport, helps startups refine and test their value propositions with support from the world’s financial institutions.
Devanshee Kothari
Devanshee Kothari
Growth Analyst
July 3, 2024

We are proud to announce that EVIDENT has been selected as a finalist for the prestigious Accenture FinTech Innovation Lab Asia-Pacific 2024 cohort.

The Accenture FinTech Innovation Lab Asia-Pacific is a highly competitive annual accelerator program, sponsored and managed by Accenture, in collaboration with Hong Kong Cyberport. This program is designed to help growth-stage startups refine and test their value propositions with the support of the world's leading financial institutions. Renowned as a catalyst for future institutional success, the program has seen its alumni often achieve unicorn status.

Program Overview

Under the theme of "Accelerating FinTech Excellence," the 2024 program aims to assist innovative companies like ours in exploring new growth opportunities within the finance sector. This is particularly important as we navigate through technological disruptions and continuously reinvent ourselves. Selected from over 100 applicants across 35 countries, and the opportunity to pitch to judges from global financial institutions such as Standard Chartered, HSBC, Morgan Stanley, and JP Morgan, underscores our progress, expertise, and the capabilities of our team.

Since its inception in Hong Kong 10 years ago, the Asia-Pacific Lab has received more than 1,600 applications from over 35 countries, accelerating fintech adoption with a robust ecosystem in Hong Kong and beyond. The program’s 80 alumni companies have raised over US$1 billion, generated 407 proofs of concepts, and completed more than 332 pilot programs, with 13 of them being acquired.

Strategic Significance for EVIDENT

Participation in this program will enable us, as a scaling company, to forge connections with decision-makers at leading financial institutions, gain valuable industry insights, and enhance our visibility within the financial services ecosystem.

As financial firms increasingly seek to tokenize assets, our collaboration with participating financial institutions over the four-month program will be invaluable. This collaboration will enable us to develop use cases with real-world applicability, further accelerating our growth trajectory.

We extend our sincere gratitude to Accenture FinTech Innovation Lab Asia-Pacific for providing us with this opportunity and a platform to contribute to FinTech innovation.

Special Acknowledgments

We also wish to acknowledge the exceptional team led by Hui Jackson, Daniel Mickan, and Larissa Ho, as well as our partners at Cyberport Hong Kong, including Eric Chan, Chief Public Mission Officer, Victor Yim, Cybella Chan, and all mentors from the lab such as Jeffrey Broer and Jonathan Nguyen.

This achievement is due to the dedication and hard work of our team. We want to thank and extend our gratitude to Thomas Gijsels, our Head of Operations, who represented EVIDENT with excellence throughout the duration of the lab. Our CEO, Florian M Spiegl, our Head of Investment Solutions, MANTON WAI (CFA, CFP®), and our Head of Fund Administration and Custody Services, Kenneth L., for their support and guidance.

Furthermore, we appreciate the support from the financial institutions involved, including AIA Hong Kong and Macau, Bank of America, China Construction Bank (Asia), Emirates NBD, Hang Seng Bank, HSBC, J.P. Morgan, Macquarie Group, Manulife, Maybank, Morgan Stanley, Sun Life, and Zurich Insurance.

Industry Impact

“The level of disruption has dramatically increased over the last few years, requiring structural change in how businesses operate in the financial services sector, driven by technologies such as generative AI and Web 3. Accenture will continue to help companies embrace a strategy of reinventing every part of their business using technology, data, and AI, nurturing a thriving ecosystem for startups and financial institutions, and unlocking new value for the industry and customers,” said Marco Tsui, Managing Director and Hong Kong Financial Services Lead, Accenture Greater China.

Ir Eric Chan, Chief Public Mission Officer of Hong Kong Cyberport, added, “As Hong Kong’s leading FinTech hub, Cyberport is delighted to partner with Accenture for years to nurture high-potential startups. By leveraging Accenture’s deep domain and technical expertise, along with Cyberport’s vibrant ecosystem, we have successfully fostered fintech solutions to propel innovation and growth in Hong Kong’s financial services industry.”

We look forward to working with all stakeholders in building the next-generation digital market infrastructure in asset management, powered by tokenization.

For more details on the 2024 finalists, please visit the official announcement.

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