As technology is taking over everything so, most probably in the near future tech will make finance and business to work efficiently and effectively. The finance industry is very important real economy so, why don’t we optimize it by using technology.
The Hong Kong economy is heavily based on the businesses of small medium enterprises (SMEs), which contribute to 98% of total business enterprises.
As an international financial hub, many businesses in Hong Kong have trade with companies around the world. This arises funding problems for SMEs and start-ups in Hong Kong, as they have their cash locked in unpaid invoices. While traditional method such as bank loan is a mainstream of financing in the past, the emerge of online platforms together with financial technology provides more alternatives to the businesses.