Singapore, March 9, 2018 — Global Fintech Hub LATTICE80 strategically relocates its global headquarters from Singapore to London.
LATTICE80 announced its plan to expand into several cities globally including London, New York and Seoul. By relocating its global hub to London, it can better support its global expansion plans in Europe, Asia and US this year. LATTICE80 will still keep the operations in Singapore to cover Southeast Asia.
Joe Seunghyun Cho, Co-founder and Founding CEO of LATTICE80, said “Europe is one of the most progressive regions to develop business models to deal with innovation in Fintech and Blockchain. Regulations and industry standards are very well developed and adaptive to changes. General Data Protection Regulation (GDPR) and Payment Services Directive (PSD2) are good examples to show how progressive Europe is. We are very excited to expand into Europe and move our global headquarters to London.”
Sang Min Kim, Advisor, said: “London is the leading Fintech Hub in the world and the regulatory body has led the industry to work together to build this. The UK’s market size itself is top 5 in the world and it is equivalent to the total GDP sum of Southeast Asia. It is a natural move to set up a shop here. And we would like to learn and contribute to the community as a newcomer in the market.”
Sang Min Kim recently joined LATTICE80 as an adviser. He was the youngest senator in the ruling party, Liberty Korea Party, during the last presidency. As a member of National Policy Committee, he oversaw regulatory bodies and also spearheaded the Committee for Financial Innovation.
LATTICE80 will announce more detailed plans in Europe and the Initial Coin Offering (ICO) to issue KAYA Token at the Money20/20 Asia event held in Singapore on March 13-15.
LATTICE80 is a Global Fintech Hub building an ecosystem for fintech startups, corporates/financial institutions, governments, and the public to collaborate, learn, and co-create. LATTICE80 opened the World’s largest Fintech hub in Singapore in Nov 2016 and is planning to open several branches in Europe and Asia in 2018. The project is backed by Marvelstone Group.