Every so often, you hear someone talking about Asia as the promised land, a place of immense opportunities. It’s the place you have to be to make it big. While I believe entrepreneurs can be successful anywhere, Asia does have a few important elements that can be great catalysts for Canadian tech companies looking to accelerate their growth.
Early in 2014, we started the commercialization efforts for our financial product LOQ and focused on New York City as main market. NYC has a high concentration of banking institutions and is relatively close to Waterloo. Along the way, we started gaining traction and attention from Asia. In August, our company was selected to the FinTech Innovation Lab Asia Pacific, a 12-week mentorship program for young companies in the financial tech space, and therefore I got to spend a significant amount of time in Hong Kong over the last few months to expand the business out east.
This experience was eye opening and convinced me that Asia is indeed a place of great opportunities; opportunities that Canadian tech companies are well suited to capitalize on.
To find out more about the opportunities in Asia, click here.