In a significant stride towards reshaping the economic landscape , Coop Exchange , a visionary FinTech platform , announces the successful completion of its pre-seed funding round . This significant milestone underscores Coop Exchange ' s potential as a major disruptor in cooperative and sustainable finance as evidenced by its impressive £ 10 million valuation ( approx . US $ 17 million CAD ) at this early stage . Co-operators Financial Services Limited led the investment with a contribution of over USUS $ 2 million ( CAD ), acquiring a 12.4 % stake .

The Hong Kong Applied Science and Technology Research Institute ( ASTRI ) has inaugurated a ‘ FinTech and ESG Alliance ’ to foster a dynamic platform for exchange and knowledge-sharing . This alliance aims to enhance engagement with regulators , policymakers , incubators and accelerators , FinTech start-ups and enterprises , as well as other stakeholders to promote technological collaboration and commercialisation , bolstering Hong Kong ' s role as a world-leading green FinTech hub . www . intelligentfin . tech

23