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Hamburg presented as digital gate to fintechs

Focus on thinking outside the box, networking and international presentations at "Hamburg - digital gateway to fintechs and logistics"

Nearly 20 delegates from India, Hong Kong and Singapore with a total of 30 participants gained insight into Hamburg’s fintech and logistics scene at the Hamburg State Representation to the German Government in Berlin on April 25, 2018. The event had been organized by Hamburg Invest, CT Advisory, Ostasiatischer Verein (OAV) and Invest Hong Kong and was held during the Fintech Summit at the Asia Pacific Weeks in the German capital.

Trending topic – blockchain technology

Clas Beese, founder of finletter, reported about the successful FintechWeek in Hamburg and finhaven – the planned co-working space in HafenCity. Blockchain technology was another hot topic and prompted widespread interest not only among the participants from Hong Kong. Dr. Jan C. Rode, Digital Hub Logistics, reported about the latest projects and presented start-ups and companies now based in Mindspace. The Hamburg Logistics Initiative brings young companies with over 500 members together through the “Startup Logistics Radar”. Start-ups and established companies come together in a kind of “logistics tinder”. Olaf Danckwerts of then pitched his platform idea for ship financing. The Trade Finance & Logistics Initiative between Hong Kong and Singapore would be an ideal solution, as it could generate interesting leads not only for Hamburg’s Fintech sector, but also for port, trade and logistics, the participants concluded.

The winner is…

On April 25 and 26, start-ups from all over the globe presented their companies at the Asia Pacific Week in Berlin. India’s Neewee start-up was among those pitching their business models. The Bangalore-based analytical company and service provider presented its “Bodhee” product, a tool for industrial analysis. The tool facilitates predictions for various production areas. Neewee triumphed over eleven competitors and won the first prize of a start-up trade fair stand at the Cebit in Hanover (June 11-15, 2018) worth EUR 2,100.

Neewee is keen to gain a foothold in Germany and chose the Hanseatic city to develop its corporate location. Commenting on its decision, Suyog Joshi, Co-Founder & CEO of Neewee, said: “Several reasons prompted us to choose Hamburg. On the one hand, the proximity to our customer Airbus, and on the other hand, to a large number of aviation suppliers and logistics and shipping companies.”

Repeat event likely in 2019

Veronika Reichboth, Manager of Hamburg Invest’s new Startup Unit, remarked. “The event was a complete success and led to further networking between Hamburg and Asian players. Representatives from Hong Kong, for instance, were very interested in the FinTech hub, which will soon open in Hamburg. But participants also expressed great interest in the Digital Hub Logistics and the start-up. An Italian participant requested that delegates go on a trip to Hamburg next year as part of the Asia-Pacific Weeks. I think we can handle that.”

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