It’s not a bootcamp if it’s not intense.
The MIT Entrepreneurship & FinTech Integrator is
a FinTech adventure that will catapult your skillsets!
MEFTI is a FinTech venture-building bootcamp for MIT and Hong Kong students who are ready to make industry impact. Students from MIT and universities in Hong Kong will form teams, tackle real-world industry challenges, and build a FinTech startup with a viable business model. In this intensive experience, you will:
- Learn about emerging trends across different FinTech sectors
-
Gain insights on how the financial services industry has been transformed
- Understand how frontier technologies, including distributed ledger technology and artificial intelligence, are redefining business processes and changing the future of industries
- Understand the jurisdictional advantages of Hong Kong as a leading FinTech hub from regulatory, technology and domain perspectives
- Visit emerging startups and companies and interact with seasoned industry executives from the Greater Bay Area
- Immerse in a comprehensive entrepreneurship program and build a viable business plan and proof of concept prototype to present your FinTech idea to a panel of judges and audience
We cover program expenses, but don’t let that be the reason you apply — MEFTI is a life-changing experience. Join us if you are ready to unleash your inner FinTech entrepreneur!
Application Timeline
MIT Students
- Applications open: March 22, 2021
- Application deadline: May 17, 2021 (rolling basis)
- Info-session #1: March 23, 2021 at 6PM EST, zoom – SIGN UP
- Info-session #2: March 24, 2021 at 6PM EST, zoom – SIGN UP
- Interviews: Up to July (online)
- Acceptance notifications: Accepted students must confirm their attendance within 48 hours.
- Cohort finalized: Mid-July
- Orientation: Late July (online)
Hong Kong Students
- Applications open: March 22, 2021
- Application deadline: May 17, 2021 (rolling basis)
- Info-session: April 27, 2021 at 6:30pm HKT, zoom – SIGN UP
- Interviews:Up to July (online)
- Acceptance notifications: Accepted students must confirm their attendance within 48 hours.
- Cohort finalized: Mid-July
- Orientation: Late July (online)
Challenge Prompts from MEFTI 2020
DBS Bank’s wealth management challenge:
Monetary authorities across Hong Kong (HKMA), Mainland China (PBoC) and Macao (AMCM) have jointly announced the launch of a Wealth Management Connect “WMC” pilot scheme in the Greater Bay Area. How might we develop a virtual selling process solution for DBS Bank relationship managers to offer financial advice and capture remote sales from Greater Bay Area customers on Hong Kong investment products?
DBS Bank’s insurance challenge:
Given the rapid change in customer behaviours under COVID-19, how might innovation/technologies (such as AI, blockchain, cloud services, data analytics, etc.) or other relevant technologies help revolutionise the insurance industry and offer Greater Bay Area customers a whole new experience?
HashKey’s trade finance challenge:
New advances in technology, especially in blockchain, are creating opportunities in finance. How might we utilize blockchain-based smart contracts, data-private professional investor accreditation, and digital tokens to bring new efficiencies to SME businesses and financial intermediaries executing financial contracts in trade finance?
Selected Pitches from MEFTI 2020
Mercanta
Trade Fintech
Claimore
InsurTech
Dragon Wealth
WealthTech
Cohort Statistics
MEFTI is powered by the MIT Hong Kong Innovation Node, the Martin Trust Center for MIT Entrepreneurship, the MIT MISTI China program, and the MIT Innovation Initiative.