KUALA LUMPUR, 21 September 2021 – Hong Leong Bank’s Fintech and tech startups mentorship platform, HLB Launchpad is back in its fourth edition. The Bank is calling for Fintech and tech startups to take on the challenge of co-creating and developing breakthrough ‘out-of-the box’ solutions to reimagine a more sustainable banking and financial services industry.
Themed ‘Let’s Build a Sustainable Future Together’, it aligns with the Bank’s priorities in stepping up its sustainability best practices and integration of Environmental, Social and Governance (“ESG”) elements into every facet of its business.
This year’s HLB Launchpad is open to ANY startup that has a presence in Malaysia, has a minimum viable product (MVP), has generated sales, has been in operation for over a year, and is interested in creating solutions that contribute to a long-term positive impact on our society and environment.
The Bank has identified over 15 problem statements this year extending over five Sustainability themes, namely Digital at the Core, Workforce Readiness, Socially Responsible Business, Environmental Management and Community Investment.
The problem statements range from finding solutions to boost financial inclusivity for low-income earners, to tracking greenhouse gas emissions to create a long term positive environmental impact. Startups are welcome to address one or more of the problem statements.
HLB Launchpad 2021 will be selecting three winners, in which the winner will be awarded with a cash prize of RM50,000 and the two runners-up will receive RM25,000 each. The winners will also be entitled to mentorship sessions with HLB’s C-suite, Business Heads and Partners, as well as a 6-month pilot project with the Bank.