In 2017, the official opening of the Luxembourg House of Financial Technology (LHoFT) symbolized & solidified the importance of fintech in the Grand Duchy. As a global leader in the financial sector, Luxembourg proved to be the perfect home base for fintech startups that are building upon traditional finance.
Putting Luxembourg on the fintech map
The LHoFT operates as an incubator, providing co-working space for early-stage startups & helping them forge relationships with established financial players. It also organizes events that boost the fintech community (such as masterclasses & hackathons), markets the country abroad, organizes non-mainstream activities, such as sporting events, & works with partners to expand vocational training. Digital investment & portfolio management, blockchain applications, payment solutions, data analytics, artificial intelligence, security & authentication represent some of its areas of emphasis.