Source: Media Outreach
Headline: Nurturing Hong Kong’s Next FinTech Generation
HONG KONG, CHINA – Media OutReach – October 9,2017 – Citigroup Inc. (NYSE: C)
A group of 60 universitystudents from Hong Kong visited Citi Ventures in San Francisco in September, aspart of their week-long FinTech-focused entrepreneurship boot camp at StanfordGraduate School of Business in Silicon Valley under the Cyberport UniversityPartnership Programme (CUPP). Thestudents learnt first-hand from veteran tech-bankers on how technologyimplementations and usage work in the banking world and were given a glimpse ofsome of the innovations that Citi is working on.
Ms. Angel Ng, ConsumerBusiness Manager of Citibank Hong Kong said, “At Citi, we play a pivotal rolein fostering the development of FinTech in Hong Kong, to build a digitalecosystem. We will continue to actively collaborate with different keystakeholders and close partners like Cyberport, to cultivate the nextgeneration of FinTech talents in Hong Kong.
“We believe theparticipants from this program have already gained global insights and a uniqueunderstanding on how Citi’s innovation works and our corporate culture,broadening their horizon to get a closer look of what the world’s leadingdigital bank can offer.”
The students visited CitiVentures on September 22 and were received by Valla Vakili, Head of VenturesStudio and Suman Natarajan, Vice President of Venture Investing. They explainedhow Citi Ventures partners with Citi’s businesses to explore new solutions andcapabilities for the bank and its customers. They also addressed the U.S. FinTechlandscape and how the Venture Investing team partners with entrepreneurs tomake strategic investments in start-ups that are developing solutions acrossData Analytics & Machine Learning, Commerce & Payments, FinancialTechnology, Marketing & Customer Experience and Security & EnterpriseIT.“We were pleased to welcome the students from the Cyberport UniversityPartnership Programme to Citi Ventures,” said Valla Vakili, Head of VenturesStudio. “Engaging with diverse and emerging talent is an important part of ourinnovation model because it enables us to bring different perspectives to thetable to uncover new solutions for our customers.”
Another group ofstudents from the Chinese University of Hong Kong will visit the award-winningCiti Innovation Lab in Singapore, which focuses on exploring new ideas andservice concepts for transaction banking for institutions. Citi has a global networkof labs in the U.S., Mexico, Ireland, Israel, and Singapore that driveinnovation throughout the bank’s businesses.
Citi, the leading global bank, hasapproximately 200 million customer accounts and does business in more than 160countries and jurisdictions. Citi provides consumers, corporations, governmentsand institutions with a broad range of financial products and services,including consumer banking and credit, corporate and investment banking,securities brokerage, transaction services, and wealth management.
Additional information may be found atwww.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog:http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi
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