Today I attended, all be it briefly – day two of The Asian Business Angel Forum.
(“ABAF”) is Asia’s largest angel investor gathering and conference for emerging and growing businesses, especially in the innovation and technology industries.
ABAF 2014 – has been previously held in Singapore, Shanghai, and Kuala Lumpur and Mumbai – saw a large gathering of business leaders, angel investors, venture capitalists, policy makers and proven start up specialists from across the globe- obviously with a strong emphasis on ASIAN countries – coming together on one stage to dialogue, address and train Asia’s top entrepreneurs and angel investors. Day one actually consisted of a workshop and training format.
ABAF 2014 provides a unique training, experience-sharing, investment matching and networking opportunities.
The 3-day programme comprises of:
• Day 1: Angel Fundraising and Angel Investing Workshop
• Day 2 and Day 3: Investment Opportunities and Exit Strategy Conference, Investment Pitching and Dinner Reception.
So far I only had time for a brief networking spin at lunchtime but my business partner Jonathan Watkin had attended for most of the day. During my attendance I was able to speak with Aurélien Menant the CEO and co-founder of Gatecoin which was one of the exhibitors at the conference seeking funding for his startup platform which is now in beta.
Gatecoin which coins itself “as your gateway to digital currencies” allows it clients B2B and B2C users, to buy digital assets locally and trade globally. According to Menant the exchange is built for performance, safety and reliability.
Menant went on to explain say “we are developing partnerships with financial institutions in order to provide our customers the easiest and cheapest payment methods all around the world, and guarantee their deposits” and If they can pull this of certainly could be in a strong position with early adopters of the framework and their technology, in particluar banking partners.
As the name suggests they will be using bitcoin as trading currency but not limited to just that, as traders will also be able to use a number of digital currencies to fulfill their needs.
Prior to setting up Gatecoin, Aurélien held positions as an Investment banker at SGCIB, J.PMorgan abd BNP Paribas.
Great to see talent and entrepreneur ideas developing in Hong Kong