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Hong Leong Group announced on Tuesday (14 November) that it has established a new one-stop FinTech innovation hub at its 28-storey office building in 80 Robinson Road at the heart of the Central Business District (CBD).
Dubbed as 80RR FINTECH HUB SG, the premises measuring 100,000 sq ft are specifically intended for global and local financial technology (FinTech) firms of different sizes.
In fact, the office block is conveniently located near the building of the Monetary Authority of Singapore (MAS) and the Marina Financial Centre. It is also a short walk from the Telok Ayer and Raffles Place MRT stations.
The creation of the FinTech hub follows talks between Hong Leong, MAS and the Singapore FinTech Association (SFA).
“MAS is happy to work with Hong Leong and SFA to provide FinTech start-ups and companies with a dedicated and conducive environment at 80RR to accelerate collaboration and partnerships amongst FinTech players,” said the central bank’s Chief FinTech Officer Sopnendu Mohanty.
According to MAS Managing Director Ravi Menon, the creation of the hub catering to the fast-growing FinTech scene is timely as over 400 companies from this industry have established a presence here, while multinational companies have set-up more than 30 FinTech innovation labs.
He said this on Tuesday (14 November) during the Fintech Conference, which is part of the Singapore Fintech Festival being held at the Singapore Expo until 17 November 2017.
In conjunction with the event, Hong Leong is showcasing a contemporary unit for future spaces available at 80RR FINTECH HUB.
Currently, the existing spaces at the eighth and ninth floor of the said building offer three types of premises for rent, namely hot desks, designated desks and designated offices.
This article was edited by Keshia Faculin.
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