The river Cam flowing past King's College, Cambridge. As a random aside, I used to live in this building. It was a great place to watch tourists fall in the river! Photo credit - Pixabay.
Chinese firm BBD is working hard to enhance cooperation between China and the UK in the FinTech sector.
The specialist FinTech company has made a significant investment in Cambridge, which is the location of its UK research hub.
Now, the research hub is a part of a pioneering 'incubation programme' set up by BBD. This will foster enhanced relationships across the international FinTech community.
China and the UK are emerging as the global leaders in the nascent FinTech sector.
The incubation programme is itself part of BBD's membership of the pioneering Global FinTech Research Network, which according to specialist publication Business Weekly, aims to ''stimulate a more fertile environment for international trade.''
The news comes only weeks after we reported that three exciting areas of development were on the cards for BBD's activities in Cambridge.
The three developments in Cambridge are:
1) Collaborations between Cambridge and Zhejiang Academy of Internet Finance.
2) The launch of a new Global Crowdfunding Index with local partner Crowdsurfer.
3) Help for other Chinese investors, particularly in the financial industries, to make contacts and relationships in Cambridge.