Intesa Sanpaolo Innovation Center gains access to one of the biggest startup acceleration platforms in the world – The Floor Hong Kong

Intesa Sanpaolo Innovation Center gains access to one of the biggest startup acceleration platforms in the world – The Floor Hong Kong

(PRESS RELEASE) HONG KONG, 20-Mar-2019 — /EuropaWire/ — New partnership has been agreed on by Intesa Sanpaolo Innovation Center and the premier technology platform The Floor Hong Kong. Intesa Sanpaolo Innovation Center is Intesa Sanpaolo Group‘s arm that oversees, implements and accelerates innovation development processes and projects.

The Floor is a Fintech Innovation Center that has recently established its presence in Honk Kong, the leading city in the Greater Bay Area. Intesa Sanpaolo is one of The Floor’s founding partners.

Intesa Sanpaolo Innovation Center’s partnership with The Floor Hong Kong opens a window on an innovative ecosystem which is growing exponentially. The two innovation centers have previously worked together in the fintech sector in Tel Aviv, Israel and the current partnership steps on this positive experience.

The new partnership aims at supporting Intesa Sanpaolo Innovation Center’s activities in accelerating international scale-ups of Italian companies in Asia. Additionally, it will provide a training program for young talented managers of the Bank and will as well facilitate the scouting of wealth management technology platforms in the Chinese market.

The Greater Bay Area, China’s most dynamic zone, is the leading producer of technology patents in Asia and home to the biggest high-tech giants in China. The Greater Bay Area includes Hong Kong, Macau, Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen and Zhaoqing.

Moises Cohen, co-founder and Director of The Floor: 

“I am thrilled that one of The Floor’s founding partners, Intesa Sanpaolo, continues to trust in us; this being our fourth year of strategic partnership. I believe the expansion of our relationship is key to achieving our goal to shape the bank of the future together with tier-1 banks and will also add great value to the HK ecosystem and to our growth in Asia”.

Maurizio Montagnese, Chairman of Intesa Sanpaolo Innovation Center:

“This partnership enables us to consolidate our presence in Asia, the key market for the innovation ecosystem. An agreement with a strategic player like The Floor Hong Kong will give the Group – and our customers – access to one of the biggest startup acceleration platforms in the world, creating new opportunities for growth and investment.”

SOURCE: Intesa Sanpaolo