FinTech in Luxembourg
Over the last decade, Luxembourg has emerged as a vibrant and thriving global FinTech hub, seamlessly integrating cutting-edge financial technology with its longstanding reputation as a premier financial centre. Home to over 250 innovative FinTech companies, active in Payments, Big Data & AI, InsurTech, Cybersecurity and Authentication, FundTech and Investments, RegTech, lending, and Blockchain, and with a strong focus on providing B2B services, Luxembourg offers a fertile ground for businesses seeking a dynamic, supportive environment for growth.
Luxembourg’s strategic position at the heart of Europe, combined with a highly specialised financial services sector, ensures that FinTech firms have access to top talent, funding opportunities, and the ability to passport their services across the EU.
Why Luxembourg for FinTech firms?
1.
Regulatory Environment
Luxembourg’s regulatory framework supports innovation while ensuring compliance with global standards. The Commission de Surveillance du Secteur Financier (CSSF), plays a key role in this, notably via a dedicated Innovation Hub, which offers guidance and fosters dialogue with FinTech firms. This hub helps companies navigate the regulatory landscape, ensuring they innovate responsibly without compromising financial stability.
2.
Cross-Border Expertise
Luxembourg is one of the world’s foremost centres for cross-border financial services, with decades of experience in managing and facilitating international financial flows. This expertise has made the country a prime location for global FinTech firms looking to leverage the Single Market.
3.
Multilingual Workforce
The country’s multilingual, highly skilled workforce is a significant advantage for firms operating in global markets. Professionals in Luxembourg are fluent in English, French, German, and a wide range of other European and non-European languages, providing an edge in both client service and regulatory communication.
4.
Support for Innovation
Government initiatives and public-private partnerships actively encourage the growth of the FinTech sector, with a variety of programs and subsidies designed to support start-ups, scale-ups, and established firms alike.
5.
Established Financial Ecosystem
FinTech firms in Luxembourg predominantly focus on B2B services, with Luxembourg’s position as one of Europe’s leading international financial centres providing access to a mature and sophisticated ecosystem. This expertise in financial services, coupled with the country’s extensive network of banks, asset managers, insurance companies, and other global financial institutions, creates the ideal environment for collaboration and business development.
FinTech firms in Luxembourg
