Success for FinTech “Made in Luxembourg” at Paris Fintech Forum

(de g. à dr.) Vilius Sapoka, ministre des Finances lituanien, Pierre Gramegna, ministre des Finances ; Laurent Nizri, fondateur du Paris Fintech Forum

On the occasion of the third edition of the “Paris Fintech Forum”, which took place in Paris, France, on 30 and 31 January 2018, Luxembourg’s Minister of Finance, Pierre Gramegna, led 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), as well as start-ups and companies bitFyler, Bitpesa, Birdee, Crosslend, Infrachain, Duco, Scorechain, Secourriel, Seqvoia, Tetrao , Six Payment, Telindus, KPMG and PwC in Paris.

As part of the forum, the LHoFT hosted its own exhibition stand, bringing together a large part of Luxembourg companies.

On Tuesday, Minister Gramegna participated alongside ministers Bruno Le Maire, Johan von Overtveldt and Vilius Sapoka at a round table entitled “Future of Finance in Europe in the Fintech Age”.

Before an audience of specialists in financial technology, Minister Gramegna took stock of the various measures and initiatives already launched to promote the digitisation of Luxembourg. In particular, he highlighted the important role played by LHoFT in the development of the Luxembourg ecosystem centred around the Fintechs, which is based on a unique data centre infrastructure in Europe.

Finally, Minister Gramegna and his Belgian counterpart attended the signing ceremony of a cooperation agreement between LHoFT and B-Hive, the Belgian Fintech accelerator. This agreement will further strengthen LHoFT’s cooperation network and facilitate synergies between Luxembourg and Belgian players.

Minister Gramegna commented “I am delighted to see so many representatives of the Luxembourgish world of the Fintechs here at the Paris Fintech Forum. This Forum is an exceptional platform to showcase our expertise and innovation-friendly ecosystem. In recent years, Luxembourg has built its reputation in this area through joint initiatives, where the public and private sectors are joining forces.”​

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