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Written by: Chen Jiahui
2020-11-04 07:00
Last update date: 2020-11-04 07:00
Under the epidemic, in order to reduce personal contact, citizens often choose online shopping and electronic payment, which has become an opportunity for the development of financial technology.
The government launched the "Anti-epidemic Fund Fintech Talents Program" in July to assist financial technology companies in hiring people and provide each applicant with a monthly subsidy of 10,000 yuan for one year for salary.
According to the Financial Services and the Treasury Bureau, as of October 30, the program has received 625 applications, of which 467 applications have passed the qualification review. Among them, 128 companies have subsidized employees and received subsidies.
Financial Secretary Chen Maobo recently delivered an opening speech at the Fintech Week, stating that the epidemic has promoted e-commerce, e-payment, virtual banking and other financial technologies to become mainstream.
There are currently about 600 fintech companies in Hong Kong. Chen Maobo said that eight of them are "unicorns", which are start-ups with an estimated market value of more than US$1 billion. In the first seven months of this year, more than 20 start-ups raised funds in Hong Kong More than 5 million US dollars.
Financial Secretary Chen Maobo recently delivered an opening speech at FinTech Week.
(Video screenshot)
Chen Maobo also pointed out that the "Anti-epidemic Fund Fintech Talents Program" established by the government in the second round of the "Anti-epidemic Fund" has begun accepting applications in the middle of the year, providing 1,000 funding quotas, and each financial technology company can apply for additional A full-time position can receive a monthly salary subsidy of 10,000 yuan after approval, for a period of up to one year, and the total amount of subsidy involved can reach 120 million yuan.
1,128 people have started work and received subsidies
When the Financial Services and the Treasury Bureau responded to enquiries, it stated that as of October 30, the "Anti-epidemic Fund Fintech Talent Program" has received 625 applications, of which 467 applications have passed the qualification review and employers can start or have conducted recruitment procedures. .
As for the progress of the subsidy payment, the Bureau of Finance and Treasury stated that the salary subsidy will be paid in installments. Eligible companies will receive the first subsidy in about six weeks after the application is approved, the employees are successfully hired, and the required supporting documents are submitted. Amount of subsidy for one month; as of October 30, a total of 128 companies have subsidized employees to perform new duties and receive subsidies.
Chen Maobo also mentioned that at present, about 300,000 people have opened accounts in the seven virtual banks that have opened, with a total deposit of US$1 billion. As of September this year, more than 6 million people have registered for FPS. The processing volume reached 426,000, which was 7 times that of the first month of operation (September 2018). In the future, more government departments will accept the public to pay bills with "FPS".
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