In Luxembourg, FinTech firms rely on a strong network of private and public incubators and accelerators, as well as on a combination of private and public funding sources, and a variety of events, awards, and networking opportunities.
Accelerators
The Luxembourg House of Financial Technology (LHoFT)
The LHoFT Foundation is a public-private sector initiative that drives technology innovation for Luxembourg’s financial services industry, connecting the domestic and international FinTech community to develop solutions that shape the world of tomorrow. Senior executives from 13 leading private sector institutions sit on its board as leadership circle partners alongside representatives from the Luxembourg Government as well as leaders of the Luxembourg Chamber of Commerce, Luxembourg for Finance and PROFIL, the Luxembourg Financial Industry Federation.
The Luxembourg House of Financial Technology is much more than an incubator; its role being to build and foster the Luxembourg FinTech ecosystem. The LHoFT extends the ecosystem internationally, connecting with leading FinTech hubs around the world by bringing together and collaborating with domestic and international stakeholders on industry-wide projects, working groups and initiatives.
The foundation supports the community, particularly its members and partners, in accessing the right and best solutions and resources. It enables the FinTech community through practical training, education and research. The LHoFT assists FinTech businesses to effectively set up and grow, providing a soft-landing platform for access to the EU market.
LHoFT hosts FinTech firms in its co-working facility and supports them in their growth. The foundation partners with larger corporates from the financial services and technology industries to help them meet their innovation goals as well as to access the right people and resources.
The LHoFT provides a soft-landing platform with individually tailored support for FinTech firms setting up in Luxembourg and wanting access to the European market. The goal is to facilitate the launch, be it by organising meetings with key ecosystem stakeholders, training and education, or even helping with house hunting if required.
Incubators and acceleration programmes
Luxembourg hosts several other incubators and accelerator initiatives to support innovative companies in FinTech and other tech-related sectors.
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Luxembourg House of Start-ups
Luxembourg House of Start-ups (HoST) is a start-up hub located in the centre of the capital and is run jointly by the City of Luxembourg and the Chamber of Commerce. Housed in a 4,200 m2 facility, HoST hosts the Luxembourg City Incubator, offering accommodation to start-ups, and Check Point, which provides access for startups to experts in the fields of law, accounting, web design and marketing. The LHoFT’s offices are also located in the same building.
Technoport
Technoport is a leading international incubator, offering business incubation, co-working and even a Digital Experience Studio. The incubator supports companies launching and international businesses seeking a first foothold in Luxembourg. Technoport offers various incubation programs, comprising a full range of services, and has three locations in Luxembourg: in Belval, Luxembourg’s city of science; in Foetz, where it also offers industrial space and workshops, and in Differdange’s 1535° Creative Hub, where it operates Fab Lab, an open prototyping platform for digital manufacture.
University of Luxembourg
The University of Luxembourg operates its own incubator on its Belval campus in support of its entrepreneurship programme for students, alumni and staff. In addition to this, the university is home to the Interdisciplinary Centre for Security, Reliability, and Trust (SnT), which plays a key role in advancing research and innovation within FinTech, RegTech, AI, cybersecurity, and blockchain. SnT collaborates closely with industry partners through joint projects, fostering the development of cutting-edge technologies. Its focus on applied research makes it a vital contributor to Luxembourg’s FinTech ecosystem, helping to bridge the gap between academic research and practical, industry-specific solutions.
National Centre for Excellence in Research in FinTech
Another important pillar of Luxembourg’s FinTech landscape. It focuses on fostering research that addresses the evolving needs of the financial sector, particularly around digital transformation. By combining advanced data science, machine learning, and blockchain technologies, the NCER drives innovation in areas like RegTech, asset management, and financial inclusion. The centre plays a critical role in advancing Luxembourg’s position as a global hub for financial innovation, contributing to the country's growing expertise in both academic research and applied FinTech solutions.
Finnovation Hub
The Finnovation Hub, created in collaboration with private and public stakeholders, serves as a dedicated space for fostering innovation in the financial services sector. It provides FinTech firms with access to cutting-edge resources, mentorship, and networking opportunities within Luxembourg's broader financial ecosystem. By enabling collaboration between startups, established financial institutions, and regulators, the Finnovation Hub accelerates the development of new technologies, particularly in areas like AI, blockchain, and cybersecurity.
House of Entrepreneurship
The House of Entrepreneurship is Luxembourg’s one-stop shop for company creation, providing assistance with business permits, tax & legal issues, as well as public funding. The House of Entrepreneurship is an initiative set up by the Luxembourg Chamber of Commerce, in collaboration with the Ministry of Economy. The Nyuko organisation is also hosted at the House of Entrepreneurship, where it provides entrepreneurial support and free-of-charge development services for new business ideas.
Silicon Valley Plug & Play Tech Centre
Luxembourg-based start-ups with substantial market traction and products capable of scaling on the US market can also benefit from the international programme of Silicon Valley’s Plug & Play Tech Center. The programme provides intensive training and access to international investors, as part of Silicon Valley’s most successful accelerator programme. The programme is run by the Ministry of Economy and Luxinnovation.
Private initiatives offering acceleration and incubation services
Hub@Lux
Accelerator backed by the Crédit Agricole, and part of “Le Village by CA” network.
LePlateauLux
Innovation lab of Société Générale Luxembourg, providing selected external startups with workspace and collaboration with the bank.
PwC Accelerator and Experience Centre
Part of a network of over 30 experience centres worldwide.
The Khube
Entrepreneurship and networking facility set up by KPMG Luxembourg.
EYnovation
Acceleration services programme provided by EY.
Deloitte Boost
Acceleration programme provided by Deloitte.
Tomorrow Street
Innovation centre set up jointly by Technoport and Vodafone.
Luxembourg City Incubator
Generalist public startup hub.
Public funding schemes
Luxinnovation, the national agency for innovation and research, advises and supports companies through the process of applying for public funds. In addition, the agency also acts as a national contact point for European funding programs, such as Horizon 2020.
Fit4Start
An early-stage funding and acceleration programme geared towards innovative early-stage start-ups active in ICT. The program offers 16-week mentoring support on the lean start-up methodology, free access to co-working space in an incubator, as well as EUR 50,000 funding. For those companies which successfully graduate from the programme, the Ministry of Economy grants an additional EUR 100,000 on condition that a EUR 50,000 funding round is secured.
Luxinnovation, the national agency for innovation and research, advises and supports companies through the process of applying for public funds.
The Luxembourg National Research Fund (FNR)
The National Research Fund (FNR), as the main funder of research activities in Luxembourg, helps bring research and industry together, through facilitating research and development partnerships. Such collaborations are a win-win for both sides: businesses gain access to creative minds, while researchers get the chance to take their research to the next level and see it make an impact. The Industrial Fellowships (PhD and Postdoc grants to researchers) programme and the BRIDGES programme (project-based funding) foster cooperation between Luxembourg-based companies active in R&D and public research institutions in Luxembourg and/or abroad.
Luxembourg Export Credit Agency (ODL)
The ODL offers various support schemes for the international development of Luxembourg companies. This includes grants to attend trade fairs, design and translation of promotional support, related advertising costs, as well as the opening of representation offices outside the EU, as well as other development costs.
Public financing
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The European Investment Fund
The EIF, Europe’s largest VC and located in Luxembourg, plays a significant role in fostering innovation by providing access to various funding mechanisms tailored to startups and scale-ups.
The EIF specialises in supporting small and medium-sized enterprises (SMEs) through risk financing solutions such as equity investments, guarantees, and microfinance.
For FinTech firms, the EIF often co-invests alongside other venture capital funds, offering vital capital for growth and scaling operations.
Luxembourg Future Fund 2
The Luxembourg Future Fund 2 is a €200 million public-private partnership launched in 2023 as the successor to the original Luxembourg Future Fund.
The fund is a joint initiative between the European Investment Fund (EIF) and Luxembourg’s Société nationale de crédit et d'investissements (SNCI), which contributes €160 million to the fund, with EIF providing €40 million.
LFF 2 supports innovative businesses in Luxembourg, with a broader scope than its predecessor, including sectors like climate technologies, FinTech, cybersecurity, new space technologies, and life sciences.
LFF 2 aims to foster sustainable growth by offering hybrid debt-equity instruments, allowing businesses to access less dilutive financing solutions as they scale. This fund continues to play a key role in Luxembourg's economic diversification strategy.
Digital Tech Fund
The Digital Tech Fund, now in its third iteration, is a €19.4 million seed fund managed by Expon Capital.
Originally launched in 2016 by the Luxembourg Ministry of the Economy and private partners, it focuses on supporting early-stage startups developing innovative digital products and services.
The latest generation of the fund includes commitments from several major institutions such as SNCI, BIL, POST Capital, and Proximus, as well as private investors.
The Digital Tech Fund continues to invest in high-potential digital startups, helping them scale across Europe.
InnovFin – EU Finance for Innovators
Originally designed to provide loans, guarantees, and equity-type funding to support research and innovation, the program facilitated access to finance for innovative projects across the EU and Horizon 2020-associated countries.
As of 2021, InnovFin’s focus has shifted under the Horizon Europe program, targeting key policy sectors with significant financing gaps, such as green and digital transitions.
InnovFin now primarily supports smaller companies, mid-caps, and special-purpose vehicles through thematic financing platforms, continuing its mission to boost innovation and competitiveness in Europe.
SNCI
The SNCI, Luxembourg's state investment bank, offers a variety of loan schemes aimed at supporting startups and innovative enterprises.
In addition to the traditional startup loans, the SNCI provides funding to companies engaged in innovative technological sectors, whether they are focusing on new industrial technologies or innovative commercial and organisational models.
Notably, SNCI also participates in equity investments, fostering long-term growth for companies that have the potential to drive innovation within Luxembourg’s economy.
Private funding
Banking support
Luxembourg is a centre for corporate banking, and this also extends to financing and banking services for startups. Many corporate banks in Luxembourg offer special services for startups and innovative companies, some offered in coordination with the wider InnovFin programme. Several banks also run their own innovation hubs and accelerators in the Grand Duchy.
Investment fund hub
Out of the top 100 asset managers in Europe, 98 have funds domiciled in Luxembourg, and 18 of the world’s 20 largest private equity firms do business from the Grand Duchy. Asset managers in Luxembourg invest in companies of all sizes, ranging from seed and early stage companies all the way through to listed giants.
Luxembourg Business Angel Network
Luxembourg is home to a local Business Angels Network, which is a member of the European EBAN association. The association’s members are highly active in early stage start-up investment, both individually and through co-investment. They invest primarily in seed and series A funding in a wide variety of sectors, including Fintech.
Talent Sourcing and Development
Luxembourg’s labour market is another attraction for FinTech startups. Situated between France to the west, Belgium to the north and Germany to the east, Luxembourg has nearly five million potential workers living within a one-hour commute. EU freedom of movement also means they are entitled to cross borders to work in the Grand Duchy. As such, Luxembourg can draw on a deep pool of potential employees from the surrounding regions. This is in addition to the international expat community that feels so at home in Luxembourg.
Fintech is also being applied to the recruitment process in Luxembourg, with digital platform MoBerries actively working with the financial industry to access over 60,000 candidates from all over the world. The platform can integrate directly with any existing applicant tracking system, providing an easy way to upload job specifications and quickly match them with candidates in the system.
Luxembourg’s cosmopolitan character makes it the most multilingual country in Europe, with the average resident proficient in over three languages. English is widely spoken and over 48% of Luxembourg’s population have international roots, representing over 170 nationalities.
The country also emphasises life-long-learning with specific courses. The House of Training, in collaboration with the banking association ABBL, developed a range of courses on digital banking and Fintech innovation, covering such topics as digital banking transformation, distributed ledger technology, data analytics, and social engineering (cybersecurity).
Luxembourg ranks first worldwide for attracting talent. [1]
[1] The Global Talent Competitive Index, 2023, INSEAD
Conferences and awards
Nexus2050
Nexus2050 presents three days of discovery, inspiration, and learning, as well as opportunities for encounters, networking, and matchmaking. Nexus2050 is an international hub for stakeholders combining ecological and digital transitions, aiming to leverage technology for the benefit of governments, organisations and businesses to achieve their net-zero strategies by 2050. It's about using technology to advance human progress, considering both productivity gains and addressing pressing ethical issues.
CATAPULT Programs
The LHoFT Foundation has developed a series of regional and thematic acceleration programs to foster financial inclusion, sustainable finance and technological advancement.
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CATAPULT: Inclusion Africa
The program targets those companies focused on financial inclusion in Africa, seeking to build bridges between the continent and Europe. It highlights their initiatives and is very much aligned with the sustainability goals of Luxembourg’s financial centre.
The programme leverages Luxembourg’s Inclusive Finance and Fintech ecosystem to support 13 selected firms in developing their businesses and achieving their inclusion goals.
CATAPULT: Financial Inclusion South-East Asia
The program is a dynamic two-week bootcamp, dedicated to nurturing early-stage South-East Asian Fintechs. Delivered in collaboration with key stakeholders from the microfinance, sustainable finance and traditional finance sectors, the program is structured to optimize learning and development, encompassing classroom tutorials, expert talks, customer discovery sessions, challenges, personalised one-to-one meetings, pitching sessions, mentorship engagements, and networking events.
CATAPULT: Green FinTech
The program focuses on accelerating startups that specialise in sustainable finance technologies.
This innovative bootcamp is dedicated to empowering early-stage FinTechs developing solutions in areas such as green finance, environmental impact measurement, and ESG reporting.
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CATAPULT: Future Foundation
This program aims to accelerate the development of mutualized technology platforms within Luxembourg’s financial services sector.
This strategic initiative focuses on creating shared utilities that provide collective benefits to the finance industry, such as advancing IT security, cloud services, and compliance solutions.
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CATAPULT: FundTech 360°
This program is a collaborative initiative developed by the LHoFT, ALFI (Association of the Luxembourg Fund Industry), and MiddleGame Ventures. Launched in 2024, this two-week intensive bootcamp targets post-seed FinTech companies focused on the fund industry.
The program is specifically designed to address the pressing challenges faced by Luxembourg's asset management sector, which is the largest in Europe. It offers a blend of online and in-person sessions, covering critical areas such as governance, cybersecurity, ESG data management, and digital transformation.
Community and networking
FinTech Fridays
A monthly Fintech networking event organised by the LHoFT, bringing together Fintech entrepreneurs, executives, VCs, Fintech enthusiasts and business angels.
Lëtzblock
LëtzBlock is a non-profit association created to promote the thriving Luxembourg Blockchain ecosystem. Giving a voice to blockchain in Luxembourg, we connect, educate, inform, and inspire through events, working groups, advocacy and more.
CLUSIL Club de la Sécurité des Systèmes d’Information Luxembourg
Association for information security professionals with about 200 members from all economic sectors in Luxembourg and the “Greater Region”.
LOIC
The Luxembourg Open Innovation Club is an initiative dedicated to the development of business relations between large accounts, intermediate-sized enterprises and innovative startups through open innovation.
