Signing Multiple MoUs to Drive Regional FinTech Collaboration and Innovation

HONG KONG SAR - Media OutReach Newswire - 8 August 2025 - Cyberport led a delegation of its FinTech start-ups to participate in MyFintech Week 2025 (MyFW 2025), held in Kuala Lumpur from 4 to 7 August. During the event, Cyberport witnessed its community start-ups signing multiple Memorandum of Understanding (MoUs) with international and local FinTech partners, promoting cross-border innovation and strengthening ties between Hong Kong and the ASEAN region in FinTech and innovative technology applications. Themed "Ideate, Innovate, Co-create: Shaping the Future of Finance," MyFW 2025 focused on regional collaboration and reshaping the financial landscape to drive a more innovative and inclusive future. Cyberport organised a series of exclusive side events throughout the week, including: a start-up pitch session showcasing innovative solutions to Malaysian and regional investors; panel discussions fostering in-depth exchanges between Hong Kong and local FinTech ecosystems; and MoU signing ceremonies for five cross-border partnership agreements. Among these partnerships was the launch of a groundbreaking digital insurance programme with the potential to benefit over 100 million users, underscoring Hong Kong's pivotal role as a "super connector" and "super value-adder" in advancing regional FinTech collaboration. Simon Chan, Chairman of Cyberport, said, "As a key economy in ASEAN, Malaysia is experiencing rapid growth in FinTech, offering significant opportunities for Hong Kong's technology enterprises to expand into the ASEAN market. Cyberport, as Hong Kong's digital technology hub and key incubator, is committed to connecting local start-ups with regional opportunities, helping them showcase their innovative capabilities and explore international markets. By leading our start-ups to MyFW 2025, we aim to deepen I&T exchange between Hong Kong and ASEAN, further strengthening Hong Kong's position as a regional digital economy and FinTech hub." Cyberport Start-ups Sign Multiple MoUs in Malaysia Cyberport start-up Coded Solution, a blockchain project consulting and Blockchain as-a-Service (BaaS) technology service provider, has parented with Malaysia's leading FinTech company VSure Tech to officially launch the "Flexi Benefits" pilot programme. This initiative marks a significant integration of the traditional insurance industry with Web3.0 blockchain technology. The programme will be trialled with SMEs on the VSure.life platform and is expected to expand across Southeast Asia. It adopts an on-demand, embedded insurance model that offers flexible coverage tailored to business needs. Leveraging VSure's extensive regional partner network in Southeast Asia, the programme has the potential to reach over 100 million users, demonstrating substantial scalability. In the area of green and sustainable finance, Coded Solution signed an MoU with Malaysian e-payment provider AsiaPay Malaysia to introduce the Green Assets Reward Program (GARP) — a tokenised carbon credit reward solution—to the Malaysian market. The GARP programme will officially launch in Hong Kong during "Hong Kong Green Week" on 11 September, followed by its promotion in Malaysia and other regional markets. The initiative aims to showcase Hong Kong's successful green finance innovation model to Malaysia and the broader ASEAN region. In addition, the two parties plan to sponsor a recent Green and Sustainable Fintech Proof-of-Concept Funding Support Scheme with Bizteg Solutions Limited, under the Carbon Trading Analytics and Technology category. At the same time, Coded Solution signed an MoU with Sinegy DAX Sdn Bhd, Malaysia's first homegrown and regulated digital asset exchange, to jointly develop a secure and user-friendly platform for secondary market trading of tokenised financial products. This collaboration will introduce new investment opportunities in innovative financial products, injecting vitality into capital markets and expanding investor access to asset tokenisation in the region. Cyberport incubatee BRDGX, a cross-border payment solutions provider, has signed an MoU with global payment service provider Visa Direct. The collaboration aims to blends Visa's global network with BRDGX's expertise in local currency enablement for Southeast Asia, regulatory compliance, and payment orchestration—empowering businesses to make faster, more secure cross-border transactions. Supported by the Cyberport Incubation Programme (CIP),...