Dowsure x HSBC Meeting and Strategic Partnership

On May 24th. 2022. Ms. Irene Tse, Managing Director, Country Head of Business Banking, Mr. Ray Liang, Head of China TMT Sector, Ms. Maggie Gan, Shenzhen Branch Vice President, and Mr. Raymond Ling, Head of SZN Area Business Banking visited Dowsure Headquarter in Shenzhen. After deep discussion, both sides reached an agreement on a strategic partnership in cross-border e-Commerce finance.

Dowsure founder Byron and the company's management team met with HSBC representatives at the Bay Area International Financial Technology City. They had an engaging conversation about how to provide quality financial services for cross-border e-commerce sellers in Guangdong, Hong Kong, and Macau (Greater Bay Area). Both sides exchanged insightful perspectives and reached an agreement in collaboration.

During the meeting, Dowsure team introduced its business model and development history. Since its establishment. Dowsure has been insisting on promoting the development of fintech innovation through digital technology. By cooperating with banks, it enables cross-border e-commerce sellers to have access to fintech products that are closer to their needs and has also been acting as an innovator in this field, HSBC representatives praised Dowsure's corporate vision of "becoming the world's leading e-commerce digital capital infrastructure" and acknowledged Dowsure's efforts to contribute to the cross-border economy.

Dowsure's value aligns with HSBC's well, previously, HSBC and Dowsure have already cooperated in financial cloud SaaS and digital technology. This meeting elaborated and interrogated how to further promote the development of the cross-border e-commerce industry through digital technology and financial innovation.

In order to show the overall development of the cross-border e-commerce industry and the company's strategic map, Jacky, CSO of Dowsure, explained the overall market situation of cross-border e-commerce and Dowsure's market capability in the cross-border e-commerce industry. The global cross-border market has huge potential, and there will be many segmentation tracks. Thus, businesses need to find their positions, and through the synergy and complementarity of technology and services to build an ecosystem, achieve win-win, and provide more support for cross-border sellers. Dowsure works together with partners in the cross-border e-commerce industry to build a cross-border e-commerce ecological service system in a healthier, compliant, and convenient direction.

As for digital finance, the requirements for technical risk control and security compliance are extremely high, and Dowsure co-founder Kevin said that based on Dowsure's digital technology for cross-border e-commerce, it can combine cross-border e-commerce store operation evaluation model and credit information to build a perfect digital risk control model and algorithm. Through the cross-border financial cloud services provided by Dowsure, a certain data and capital closure loop is formed in the seller's operation chain by closely following the supply chain and other scenarios, helping the bank can more fully release the corporate credit assets of cross-border e-commerce sellers. HSBC's representatives said they would put in more effort in Shanghai headquarters, Shenzhen branch, Hong Kong branch, etc., further enhance the promotions and work with Dowsure to create more successful solutions for cross-border e-commerce financial technology innovation.

Finally, Irene Tse expressed how this meeting enhanced her understanding of Dowsure and was full of expectations and excitement for future cooperation.

HSBC will next focus on advocating the strategic partnership between HSBC and Dowsure on cross-border e-commerce seller services. We hope that both sides will advance and innovate in digital finance and digital trading. Utilize Dowsure's advantages in technological innovation, risk prevention and control, and multilateral compliance, and try to explore more innovative products and service models, empower cross-border enterprises to enhance digital trade capabilities, participate in the joint construction of cross-border economy, and contribute to the cross-border "Guangdong-Hong Kong-Macao Greater Bay Area".

The ultimate goal is to drive Chinese e-commerce sellers to flourish globally.