03.25.2015
By Terry Flanagan

Perseus Expands in AsiaPac, Launches Regional HQ in Hong Kong

Invest Hong Kong (InvestHK) today announced that one of the 2014 StartmeupHK Venture Programme grand prize winners, Perseus, which is a US-based financial technology company, has opened a regional headquarters in Hong Kong.

Director-General of Investment Promotion at InvestHK, Mr Simon Galpin, was happy to see that the Department’s startup initiative has successfully attracted a leader to one of the fast-growing industries in the city.

“Perseus is among the many startups from the StartmeupHK Venture Programme with plans to set up in Hong Kong. Its arrival will benefit Hong Kong in terms of FinTech know-how as well as direct and indirect jobs created. I congratulate Perseus on its Hong Kong operation and look forward to seeing its further expansion in our city and beyond.”

“InvestHK is working on the continuation of the successful venture programme with thought of scaling it up further to a regional event. We will have more details to announce in the coming months,” Mr Galpin said.

Perseus is a leading managed services provider of high-speed global networks, colocation and trading technologies. CEO Dr Jock Percy, said, “The Asian markets have been growing exponentially and the opportunities there are extremely prevalent right now. Hong Kong is at the center of that growth and Perseus has been planning to expand our operations here for several years to capitalize on this potential.”

Dr Percy said that the StartmeupHK title has “provided remarkable exposure for the Perseus brand as a leading provider of managed services, not only in the Asian markets, but globally as well.” He added, “While we’ve always envisioned having a presence in Hong Kong, this prestigious accolade reinforced that we are a powerful presence in this market and that our services are important to both the larger financial institutions and the smaller start-ups.”

Dr Percy said that the Hong Kong regional headquarters will help the company gain access into the Mainland market as it serves as “a launching pad for obtaining market share across China and further into the Asian markets.”

The StartmeupHK Venture Programme was first held in 2013 and again in 2014. The number of entries to the business proposal competition rose from 384 in 2013 to 550 in 2014. The events continued to attract hundreds of audiences in 2013 and 2014 respectively. InvestHK runs a dedicated one-stop portal www.startmeup.hk, listing the latest startup events and signposting visitors to resources including government incentive and incubation schemes. The Department has also been leveraging social media to reach out to startups both in Hong Kong and around the world, drawing their attention to the vibrant entrepreneur ecosystem in Hong Kong.

About Perseus
Perseus is the world’s leading provider of managed services for high-precision, high-speed connectivity. With clients spanning the Financial, TMT and iGaming sectors, Perseus offers a fully-managed suite of services across the trade lifecycle as well as many of the world’s fastest market-to-market routes. Wall Street and Fortune 500 companies choose Perseus to provide managed infrastructure services, custom-designed global networks, high precision time, colocation and turn-key trading solutions with industry-leading, 24×7 support. Serving 70+ markets in 14 countries on five continents, Perseus offers proximity hosting for over 300 exchanges across the globe.

About InvestHK
InvestHK is the department of the Hong Kong Special Administrative Region Government established in July 2000 to attract foreign direct investment and support overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services to help businesses succeed in Hong Kong’s vibrant economy. As of December 2014, InvestHK had completed over 3,440 investment projects creating more than 37,500 new jobs in the first year of operation or expansion and over HK$91 billion of investment. For more information, please visit www.investhk.gov.hk.

Questions please contact:

P.J. Kinsella
Paragon Public Relations
+1 (646) 558-6226
pj@paragonpr.com

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