Pierre Gramegna at Paris Fintech Forum: resounding success for Fintech ‘made in Luxembourg’
At the third Paris Fintech Forum, on 30 and 31 January 2018, Minister of Finance Pierre Gramegna headed a Fintech delegation made up of representatives of the Luxembourg House of Financial Technology (LHoFT), the European Investment Bank (EIB) and Luxembourg for Finance (LFF), together with a number of start-ups and businesses: bitFyler, Bitpesa, Birdee, Crosslend, Infrachain, Duco, Scorechain, Secourriel, Seqvoia, Tetrao, Six Payment, Telindus, KPMG and PwC. During the Forum, the LHoFT manned its own exhibition booth, showcasing a large number of the Luxembourg businesses.
On 30 January 2018, Pierre Gramegna - alongside Ministers Bruno Le Maire, Johan von Overtveldt and Vilius Sapoka - took part in a round-table discussion entitled ‘The Future of finance in Europe in the Fintech Age’. In front of an audience of specialists in financial technology, Pierre Gramegna summed up the various measures and initiatives already launched to promote digitisation of the Luxembourg financial marketplace. He particularly stressed the important role played by the LHoFT in the development of the Grand Duchy’s ecosystem, based on Fintechs relying on a datacentre infrastructure that is unique in Europe.
Lastly, Pierre Gramegna and his Belgian counterpart attended the ceremony for the signature of a memorandum of understanding between the LHoFT and the Belgian Fintech accelerator B-Hive. The agreement will further reinforce the LHoFT’s cooperation network and help foster synergies between players in the Grand Duchy and Belgium.
Pierre Gramegna said, “I am pleased to see so many representatives of the Grand Duchy’s Fintech universe here at the Paris Fintech Forum. The Forum is an exceptional platform for displaying our know-how and providing information about our pro-innovation ecosystem. Over the past few years, the Grand Duchy has succeeded in building a reputation for itself in this field thanks to a number of joint initiatives, in a combined effort by the public and private sectors.”