Ascential PLC Money20/20 to launch in China
October 12 2017 - 5:54AM
RNS Non-Regulatory
TIDMASCL
Ascential PLC
12 October 2017
RNS REACH
12 October 2017
Ascential plc
Money20/20 to launch in China
Hangzhou to host first China edition of the leading payments and
fintech event in 2018
London: Ascential plc (LSE: ASCL.L), the global
business-to-business information company, announces that its Chief
Executive Duncan Painter has personally signed today in China
alongside Xie Shuang Cheng, Vice Mayor of Hangzhou and Gu Chun
Xiao, Deputy Warden of Xiaoshan, a long-term partnership agreements
with the city of Hangzhou and the district of Xiaoshan to run a new
edition of its highly successful Money20/20 event series. The new
event called Money20/20 China will be held in November 2018 at the
Hangzhou International Expo Center, the venue where the 2016 G20
Summit was hosted.
Tracey Davies, President, Money20/20, cited "China's unique
market and domestic appetite to both invent and embrace new fintech
products" as the reason to launch this new edition of the leading
payments and fintech event, adding that "The rise of fintech in
China is something that no one in this industry can ignore."
Money20/20 brings together visionaries and innovators from
across the entire spectrum of payments, fintech and financial
services to connect and create the future of money. Already
boasting US, European and pan-Asian editions, Money20/20 offers
participants unparalleled networking opportunities and a
high-profile agenda, all of which underpins Money20/20's mission to
create a simpler, fairer, faster financial world for business and
society.
The host city of Hangzhou, in China's Zhejiang Province, has
been chosen based on its long-term commitment to the future of
finance. President Xi commented on its advanced commercial
development at the Business 20 (B20) summit in Hangzhou last year,
saying "just click the mouse in Hangzhou, and you connect the whole
world." Hangzhou is also home to such financial innovators as
Alibaba and LianLian Group to name a few. Cashless, environmentally
designed and home to a new wave of China's internet entrepreneurs,
Hangzhou will provide the perfect, long-term home for Money20/20
China.
Commenting on the launch in China, Davies said, "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."
The launch of Money20/20 in China is being widely supported by
prestigious partners including Ant Financial, Baidu Finance, IDG
Capital Partners, LianLian Pay, Phoenix Finance, Tencent WeChat
Pay, Union Mobile Financial, as well as other key players from the
industry. Support also comes from associations that include the
Payments and Clearing Association of China, Zhejiang Association of
Internet Finance and the Zhejiang Association of Banks.
ENDS
About Money20/20:
Founded in 2011, Money20/20 creates destination events where the
most innovative people in payments, fintech and the broader
financial services industry connect. Famed for their high-impact
networking, the Las Vegas (October) and Amsterdam (June) editions
are widely considered unmissable by the industry they serve. The
new Asian edition will debut in Singapore in March 2018. Money20/20
is the space where the industry's smartest visionaries and
innovators come together to create the future of money.
Money20/20 is an Ascential event. www.money2020.com
About Ascential plc:
Ascential is a global business-to-business information company
that informs and connects the business world in 150 countries
through market-leading Exhibitions & Festivals and Information
Services.
Ascential powers the prestigious Cannes Lions festival for the
branded communications industry, the world's premier payments and
financial services congress Money20/20, Spring Fair/Autumn Fair,
the global trend forecasting service WGSN, environmental risk data
business Groundsure, e-commerce analytics provider One Click Retail
and MediaLink, the strategic advisory and business services
firm.
Ascential's premium products enable focus, growth and value. The
company provides customers with world class content and connections
empowering their businesses to be the best informed and best
connected.
www.ascential.com
This information is provided by RNS
The company news service from the London Stock Exchange
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October 12, 2017 05:54 ET (09:54 GMT)
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