More than 150 positions open in GBA fintech internship

Successful applicants will get a monthly subsidy of $12,000.

The Hong Kong government launched its internship scheme with more than 150 positions for post-secondary students at over 30 fintech companies in Hong Kong and three cities in the Greater Bay Area (GBA).

The positions offered cover virtual banks, virtual insurers, and companies over the region involved in regtech, wealth tech, credit tech, and payment tech in Hong Kong, Guangzhou, Shenzhen, and Zhuhai.

Full-time students pursuing higher diploma and associate degrees, undergraduate programmes, master’s degrees, and postgraduate degrees in fintech-related subjects are eligible for the positions. Successful candidates will be have a two-month internship period (that may be extended to six months), along with a monthly $12,000 grant.

The programme, called the GBA Fintech Two-way Internship Scheme for Post-secondary Students, is one of the initiatives on its 2023-2024 budget aimed to assist students with direct experience in the fintech ecosystems and industry in Hong Kong and the Mainland.

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“It will also serve to enlarge the local fintech talent pool by equipping students with an early grounding that will enable them to pursue careers in the sector,” Christopher Hui, Secretary for Financial Services & the Treasury, said.

The first internships are expected to start by the end of 2023. Applications for the winter internship scheme are open until November 30.