Building bridges with the Japanese FinTech environment

Luxembourg for Finance, in partnership with the Japan Fintech Association and the Luxembourg Trade and Investment Office Tokyo, held a seminar at Tokyo’s Dots to discuss recent trends in financial technology with a special focus on virtual currencies.

More than 150 participants from Japan’s vibrant Fintech community, technology industry, academic world and regulatory authorities attended the event.

Luxembourg’s Minister of Finance, Pierre Gramegna, opened the seminar by addressing major trends in the digitalisation of financial services and confirmed the support the government offers innovative technologies as well as entrepreneurship. The different elements of the support eco-system, in particular, the upcoming creation of the House of Fintech, were described more in detail by Nicolas Mackel, the CEO of Luxembourg for Finance.

The points of views of the regulator as well as of a practionner were given by Nadia Manzari (Head of division at the CSSF) respectively Jean-Louis Schiltz (partner at Schiltz & Schiltz). A testimonial from Yuzo Kano, CEO of Bitflyer, gave insights into their European strategy and Luxembourg’s attractiveness as a Fintech hub from the point of view of a Japanese virtual currency operator. Finally, Alain Rodermann ( founder and partner, Expon Capital), gave an overview of the various funding sources available in Luxembourg for innovative companies.

Luxembourg for Finance was also the guest at a meeting of the LDP parliamentary Fintech promotion group. Nicolas Mackel gave a presentation on Luxembourg’s development as a Fintech hub and the European regulatory environment.