Over twenty percent of the world's population suffers from some form of hearing loss, making it one of the most significant public health challenges. Current hearing aids commonly amplify noises while failing to improve speech comprehension in crowded social settings. In this demonstration, we showcase a proof-of-concept implementation of the world's first 5G and Internet of Things (IoT) enabled multi-modal hearing aid (MM HA) prototype. This integrates an innovative 5G cloud-radio access network (C-RAN) and IoT based transceiver model for real-time audio-visual speech enhancement (AVSE). Specifically, we demonstrate a transceiver model for Cloud-based AVSE which satisfies high data rate and low latency requirements for future MM HAs. The innovative 5G-IoT transceiver application is shown to satisfy HA latency limitations while transmitting raw noisy AV data from an MM HA prototype device to the cloud for deep learning-based real-time AVSE processing and obtaining a clean audio signal.