Money 20/20 to launch in China

Hangzhou, 12th October: Last week, London-based B2B information group, Ascential, announced plans to launch its Money 20/20 event in China in 2018.

A long-term partnership agreement has been signed by Ascential’s Chief Executive, Duncan Painter, the Vice Mayor of Hangzhou, Xie Shuang Cheng, and Deputy Warden of Xiaoshan, Gu Chun Xiao. Under the terms of the agreement, the Xiaoshan district in Hangzhou will host the inaugural Chinese edition of Money 20/20. Money 20/20 China will be held in November 2018 at the Hangzhou International Expo Center.

Money20/20 also has editions in the U.S., Europe and other Asian markets. With the new edition, Ascential aims to bring together China visionaries and innovators from the payments, fintech and financial service sectors.

Tracey Davices, President, Money20/20, stated, “Thanks to the formidable speed, skill and scale of China’s inventiveness in fintech, China is often the country innovators look to for inspiration. It represents the largest fintech investment market in the world and at Money20/20 China, companies from China and international markets will have an unprecedented opportunity to learn about what makes China’s fintech industry so forward-looking and progressive.”

Sources: Ascential press release, Exhibition World article