港科大商学院&投资推广署&香港金融科技协会：2025香港金融科技生态系统报告（英文版）（40页）.pdf

1、The Hong Kong ReportFintech Ecosystem March 2025Supporting OrganizationsCONTENTSINTRODUCTIONPART I:HONG KONG FINTECH AT A GLANCEPART II:FINDINGS FROM 2024 HONG KONG FINTECH ECOSYSTEM SURVEYLOOKING AHEAD 152531INTRODUCTIONFor nearly two decades,financial technology(fintech)has revolutionized the fina

2、ncial services industry with agile,customer-centric innovations.The latest technologies and breakthroughs in areas such as artificial intelligence and quantum computing are further propelling transformative shifts in the finance industry,positioning fintech for sustained growth and new opportunities

3、.Recognizing the critical importance of fintech,Hong Kong has committed substantial resources to fostering local development,ensuring the city maintains its competitive edge and solidifying its status as a leading global financial center and a dynamic fintech hub.2The Growing Importance of Fintech a

4、cross the WorldThe remarkable expansion of fintech in recent years has been facilitated by robust growth in the banking sector,accelerated digitization,evolving customer demands,and enhanced support from regulators and investors.Notably,more than half of the profitable challenger banks are located i

5、n Asia.As of the end of 2023,the market capitalization of publicly traded fintech companies reached US$573 billion.4 As fintech continues to grow and scale,the financial services ecosystem will uncover new opportunities.5 For instance,billions of individuals worldwide remain underbanked or unbanked.

6、In response,fintech is increasingly providing tailored services to these segments,particularly the underbanked.Mobile connectivity in emerging markets and developing economies(EMDEs)has enabled these markets to overcome barriers posed by traditional banking infrastructure,significantly reducing serv