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Luxembourgish and Belgian Fintech Hubs Shoulder To Shoulder

The first major Fintech event of the year in Europe took place this week in France at the Paris Fintech Forum. Led by the LHoFT Foundation, a delegation of startups and partners, including many key figures of Luxembourg’s financial technology ecosystem, went on the journey. Among the striking moment, the LHoFT Foundation signed a partnership with the Belgian Fintech hub, B-Hive.

This year, numerous members and partners were on the LHoFT stand under the banner “The Luxembourg Fintech Innovation Hub” including, but not limited to, bitFyler, Bitpesa, Crosslend, Duco, Infrachain, Scorechain, Secourriel, Seqvoia, Six Payments, Telindus and Tetrao. KPMG, PwC, Luxembourg for Finance and EIB representatives were also present, demonstrating the strength of the Fintech ecosystem in Luxembourg.

The highlight this year was the ‘Future of finance in Europe at Fintech age’ panel on the first day of the conference. The panel featured four prominent finance ministers including Luxembourg Finance Minister, Mr. Pierre Gramegna, Mr. Johan Van Overtveldt, Minister of Finance in Belgium, Mr. Bruno Le Maire, Minister of Economy and Finance in France and Mr. Vilis Sapoka, Minister of Finance in Lithuania.

“This cooperation agreement with B-Hive and the LHoFT Foundation is the confirmation of the strong and trusted relationship between two core Fintech hubs across Europe.”

After the panel, the LHoFT Foundation organized an invite-only cocktail to network with other delegates of the conference. The LHoFT Foundation had the pleasure to welcome a B-Hive delegation, the Belgium Fintech hub, and signed, under the patronage of Mr. Pierre Gramegna and Mr. Johan Van Overtveldt, a Memorandum of Understanding (MoU) between the LHoFT Foundation and B-Hive. The objective of the two hubs is now to work on collaborative initiatives and further promote the Fintech industry in Europe.

Nasir Zubairi, CEO of the LHoFT commented: “This cooperation agreement with B-Hive and the LHoFT Foundation is the confirmation of the strong and trusted relationship between two core Fintech hubs across Europe. The agreement seeks to cement the historical bond between Belgium and Luxembourg, valuing cooperation that is paramount to promote Fintech in Europe.” Ellen Thijs, Executive Program Manager of B-Hive added: “B-Hive is proud to collaborate with the LHoFT Foundation and work together on the expediency of further cooperation in several areas, including a mutual exchange of trends, research and more. We will continue to build upon this relationship on February 15 when a B-Hive delegation will visit Luxembourg and connect our community face-to-face with LHoFT’s community.”

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