Luxembourg: A Future Fintech Hub?
In January 2015, a Conference wholly dedicated to Fintech companies was held in Luxembourg. The term “Fintech”, a contraction of “Financial” and “Technology”, has long aroused concern and distrust from Luxembourg financial players.
Luxembourg: A Future Fintech Hub
However, the Luxembourg market has now been made aware of the undeniable importance of these start-ups specialized in financial technology, which have already created over ten thousand jobs in the country (11% of total jobs in Luxembourg).