Fintech Frontier

With innovations such as blockchain creating an entirely new segment in the finance industry, Johnny Hon reveals how the Global Group is tapping into the new investment opportunities

- Johnny Hon

Disruption of the financial services industry is long overdue. While sectors such as entertainment, news and retail have been profoundly affected by technology during the past two decades, the ways we bank, buy insurance or use legal services have largely stayed the same. But that is set to change.

Innovations such as block chain are opening the door for disruptive startups to challenge the status quo with services that consumers actually want, as well as many more they don’t yet know they want. And that means there are significant opportunities for investors to take part in the evolution of an entirely new financial landscape.

“The current state of play with block chain is like the internet in 1998,” says Johnny Hon, founder and chairman of the Global Group. “There’s so much more that people can do—the technology can create really important innovations for consumers. It’s going to change the world, and this is only the beginning.”