In March, the Lord Mayor of London led a team of 13 of the most innovative London FinTech firms to meet with senior Chinese officials and business leaders. The 6 day tour was focused on promoting FinTech relationships between China and the UK, and included R5FX’s own Jon Vollemaere.
As part of the delegation they visited the Mayor of Shanghai, several of the Regulators, Banks, Insurance and Big China Tech (Tencent, Baidu, JD, Ant, Huawei etc).
“On top of the delegation’s political impact, R5 also secured potential subsidies and discount office space from the Municipal Government of Beijing and KMPG …what’s not to love? China Fintech is as easy as A,B,C,D. That’s AI, Blockchain, Cloud and Data, but we added E for Execution and F for Financial Markets. Roll on Internationalisation.” Jon Vollemaere.