Luxembourg welcomes start-ups from Israel
Introducing innovative FinTech start-ups from Israel and exploring partnerships with the Luxembourg financial industry players were the aims of a two-day joint event organised by LFF, the Luxembourg Ministry of Economy and the Trade and Investment Office in Tel Aviv.
The event featured 14 high-tech Israeli start-ups that were selected from a wide range of applicants. They included award-winning companies and graduates from world-renowned incubator programs, offering cutting-edge FinTech solutions and functional products for sectors of relevance to the Luxembourg financial industry.
During the first day, start-ups met at nyuko, a public-private organisation supporting Luxembourg’s entrepreneurial ecosystem. The start-ups were introduced to a series of key institutions and stakeholders including the Luxembourg financial regulator (CSSF), venture capitalists, representatives from the Ministry of Economy and the Lux Future Lab to learn more about Luxembourg FinTech and start-up environment. A testimonial was provided by fellow Luxembourg FinTech start-up SnapSwap.
The second day of the event took place at Technoport, a technology-oriented business incubator, where representatives from public and private institutions provided insights into the various opportunities for FinTech start-ups in Luxembourg. Attendees from various parts of Luxembourg financial ecosystem then had the opportunity to listen to pitches and demoes delivered by the Israeli start-ups to present their products and solutions ranging from innovative payment solutions, including social payments platforms, digital investment platforms offering cutting edge alternative investment strategies to online platforms where potential investors are getting access to the securities of pre-IPO high-tech companies, from online trading to state-of-the-art compliance systems.