Hong Kong – Lianlian DigiTech, a global fintech company specialising in cross-border payment solutions, has entered into a strategic partnership with the Government of the Hong Kong Special Administrative Region (HKSAR) as part of the city’s initiative to attract leading enterprises to strengthen its innovation and technology landscape.
Lianlian DigiTech’s inclusion highlights the Government’s recognition of its role in advancing fintech innovation and enhancing cross-border payments infrastructure.
The collaboration is expected to strengthen Lianlian’s operational capabilities and expand its international payments network, positioning Hong Kong as a key base for its global activities.
The initiative forms part of Hong Kong’s broader efforts to attract high-value enterprises that can contribute to investment growth, job creation, and technological advancement.
Xin Jie, CEO of Lianlian Digitech, shared how Hong Kong’s status as an international financial centre and open business environment makes it a gateway for the global market.
“By establishing a stronger presence in Hong Kong and drawing on its robust financial infrastructure and global connectivity, we are well-positioned to connect Asia with the rest of the world more effectively,” Xin commented.
He added, “We also plan to actively engage in Hong Kong to promote international collaboration in technological innovation, providing payment rails and applications frameworks for compliant use cases involving emerging technologies such as blockchain.”
Through this partnership, Lianlian DigiTech aims to deepen its engagement in the city, leveraging Hong Kong’s financial ecosystem and global connectivity to facilitate the exchange of innovation and promote the compliant use of emerging technologies.
The company’s focus includes improving the efficiency of cross-border payments, lowering trade costs, and supporting Hong Kong’s position as an international financial and innovation centre.
Paul Chan, financial secretary of the HKSAR, stated how the new batch of strategic enterprises will bring investment and job opportunities and introduce new innovative ideas and advanced technologies for Hong Kong.
“In Hong Kong, strategic enterprises will find the capital, talent, partners, ecosystems, and networks that will help them succeed,” Paul said.
Hong Kong has been an integral part of Lianlian DigiTech’s international network since its market entry in 2016. The company obtained a Money Service Operator licence in 2017 and established a local subsidiary to offer services such as cross-border collection, card acquiring, and remittance for local and multinational businesses.
Its LianLian global payout service (LGPS) extends payment access to mainland China for cross-border payment providers, banks, and other licensed financial institutions. The company’s 2024 listing in Hong Kong further reinforced its market visibility and strengthened investor confidence.
Looking ahead, Lianlian DigiTech plans to use this partnership to expand its international operations, foster collaboration with public and private sector partners, and advance the development of a more efficient, secure, and inclusive global payment infrastructure.
By integrating payment solutions with emerging digital ecosystems, the company seeks to contribute to sustainable growth in global trade and digital finance.
