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in "Finance / All Sectors"
Luxembourg one of the world’s 20 top financial centres
05-04-2024
According to the Global Financial Centres Index, Luxembourg’s financial centre performs particularly well in human capital and infrastructure.
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International recognition for Fit 4 Start and the LCI
14-03-2024
A publication from the Financial Times and Statista highlights the foundational work carried out by two key organisations in Luxembourg's startup ecosystem.
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“A strategic move”
25-10-2023
In early 2023, international business consulting firm Maycode opened its EU office in Luxembourg. The choice of location was natural as the financial industry is one of its main target markets, but the company also considers the central location and exceptional international openness of the Grand Duchy as strategic assets for its future development.
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10 start-ups graduated from Fit 4 Start #13 and calls are now open for Fit 4 Start #14
30-06-2023
The Graduate Showcase 2023 of the Fit 4 Start programme highlighted 10 start-ups. The calls are now open for Fit 4 Start #14.
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Supporting innovations that help other companies grow
13-06-2023
Fabien Amoretti, a successful serial entrepreneur, is the brains behind well-known Luxembourg companies such as Farvest Group, Great Place to Work Luxembourg, and Datapunk – the company that runs Hubfinance, a connection platform for finance experts. The French-Luxembourgish entrepreneur believes that Luxembourg offers an ideal ecosystem for launching martech and fintech firms and is an ideal place for data storage.
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Two Luxembourg start-ups supported by WomenTechEU
15-05-2023
In the framework of the WomenTechEU programme dedicated to innovative deep-tech projects led by women, two Luxembourg companies, supported by Luxinnovation, have received European financial aid.
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Luxembourg: Exceptionally open to business
15-05-2023
In April 2023, Adrian Trömel, Luxembourg’s Foreign Trade Advisor in Texas, co-organised a visit to Luxembourg for a group of Houston-based venture capital, private equity and real estate firms to explore how the Grand Duchy could help them reach the European market. The similar economic interests, including Luxembourg’s openness to business, services and resources for funds and companies looking to grow left a lasting impression on the delegation.
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Franz Fayot and Sasha Baillie present the 2022 Annual Report of Luxinnovation
24-04-2023
On 24 April 2023, Minister of the Economy Franz Fayot and Sasha Baillie, CEO of Luxinnovation, presented the 2022 annual report of the national innovation agency. Hosted by SolarCleano, a company that has benefitted from Luxinnovation’s support, the presentation focused on key actions undertaken during the first year of implementation of Luxinnovation’s 2022-2025 strategy.
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University of Luxembourg inaugurates fintech centre of excellence
29-03-2023
On 29 March 2023, the University of Luxembourg inaugurated its National Centre of Excellence in Financial Technologies. The interdisciplinary centre will focus on the technological challenges and opportunities of the financial industry.
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Supporting teaching and research in high performance computing
17-10-2022
Developing the talents and expertise needed for a broad use of high performance computing (HPC) is a priority in Luxembourg. The Ministry of the Economy and the University of Luxembourg recently signed an agreement that provides a framework for HPC-focused higher education and research activities.
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Launch of the 13th edition of Fit 4 Start start-up acceleration programme to address innovative, tech- and data-driven ventures
23-08-2022
The 13th edition of Fit 4 Start has officially been launched. The flagship start-up acceleration programme, initiated by the Ministry of the Economy and managed by Luxinnovation targets innovative, tech- and data-driven ventures.
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How to automate fund operations
11-07-2022
Moving the fund industry from legacy systems and Excel files requiring heavy manual support to simplified fully automated processes for data harmonisation and regulatory compliance: this is the ambitious objective of Next Gate Tech. The young start-up’s efforts have already received the seal of approval from clients and investors alike.
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International start-ups exploring Luxembourg
04-07-2022
25 international start-ups, supported by the Luxembourg Trade and Investment Offices located around the world, attended tech event ICT Spring on 30 June – 1 July 2022. We spoke to some of them to hear why they were interested in exploring Luxembourg as their potential base for entering the European market.
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Industry-oriented research: the synergy approach
21-06-2022
Performing research in close collaboration with companies is essential for Luxembourg’s research institutes. We spoke to Professor Djamila Aouada at the University of Luxembourg about how the expertise of her team can support industry and their motivation to work in partnership with the private sector.
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DDE opens European HQ in Luxembourg
13-06-2022
South Korean artificial intelligence expert Data Design Engineering is setting up its European headquarters in Luxembourg. The company decided to come here due to its quickly expanding client network, the opportunity to establish research partnerships and the exceptionally supportive Luxembourg ecosystem.
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“Making supercomputing accessible to all companies”
11-04-2022
Luxembourg’s supercomputer MeluXina is among the 40 most powerful systems in the world. It is also unique in its strong focus on value to businesses. We spoke to Senior Solution Engineer Luis Vela at LuxProvide about solutions and services available for clients that want to harness the full power of data.
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A new, collaborative Open Innovation platform now online
16-03-2022
To facilitate the development of partnerships and promote technology transfer, Research Luxembourg has set up a dedicated digital platform, powered by Innoget.
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Sang Noir: Targeting the Asian market from Luxembourg
09-03-2022
One product line of cosmetics and another one of clothing: with Luxembourg as its launch pad, Sang Noir has made a name for itself in the space of just a few months. Supported by the right networks, the company has even attracted the interest of major international distribution groups.
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University of Luxembourg launches Finnovation Hub
28-02-2022
The Finnovation hub will develop groundbreaking technologies needed for Luxembourg’s financial institutions to succeed with their digital transformation.
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CYBAVO: Growing across Europe from Luxembourg
07-02-2022
Taiwanese cryptocurrency security start-up CYBAVO has chosen Luxembourg as the location from which to service digital asset customers across Europe. General Manager EMEA Roberto Machado speaks about the reasons for coming to Luxembourg, the company’s participation in the Fit 4 Start acceleration programme and the support it has received to get its European branch off to a good start.
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Luxembourg one of the world's leading green finance centres
23-11-2021
Luxembourg is gaining ground as a green financial centre. The 2021 edition of Global Green Financial Index ranks Luxembourg 2nd in the EU and 5th globally.
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Luxembourg supercomputer MeluXina the greenest in Europe
20-09-2021
Luxembourg’s high performance computer MeluXina has been ranked as the greenest supercomputer in the EU and the 4th greenest in the world. It also ranks 36th among the most powerful high performance computers in the world.
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Luxembourg among the top 10 financial centres in the world
30-07-2021
Luxembourg ranks 8th in the 2021 edition of the Global Financial Centres Index, which analyses the size and growth of financial markets in over 60 countries. When taking the wider business environment into account, Luxembourg comes 4th. It is also considered the most international of any financial centre.
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An internet portal for the circular economy
22-06-2021
At the initiative of four ministries, the www.economie-circulaire.lu portal was officially launched on Tuesday 22 June 2021.
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New Luxembourg roadmap for a competitive and sustainable economy
21-06-2021
On 21 June 2021, Minister of the Economy Franz Fayot presented a new roadmap for supporting the transformation of the Luxembourg economy until 2025. The roadmap notably focuses on accelerating digitalisation, facilitating the transition to a circular economy, developing strategic, resilient value chains and fostering a safe, trusted data economy.
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Luxembourg inaugurates its high performance computer
07-06-2021
Luxembourg’s new high performance computer MeluXina was inaugurated on 7 June 2021. Ranked among the top 30 supercomputers in the world, MeluXina has been designed to meet business needs and is available for use by start-ups and SMEs as well as large international groups.
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Fit 4 Start is back! Calls for applications are now open
15-03-2021
Start-ups in the ICT and space technology sectors are invited to participate in the 11th edition of Luxembourg's acceleration programme Fit 4 Start. Successful candidates will benefit from 20 weeks of personalised coaching and grants of up to €150,000. The calls are now open until 15 April 2021.
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5 things to know about cybersecurity in Luxembourg
02-12-2020
A strong national cybersecurity ecosystem is a key pillar for developing Luxembourg’s trusted and secure data-driven economy. A new study by SECURITYMADEIN.LU and Luxinnovation provides five key insights into the strengths and unique characteristics of Luxembourg’s cybersecurity ecosystem.
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Luxembourg top-ranked financial centre in the EU
05-10-2020
The Luxembourg financial centre is ranked number 1 in the European Union, and number 12 in the world, in the new edition of "The Global Financial Centres Index 28".
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Luxembourg acquires petascale high performance computer
30-09-2020
On 29 September 2020, Prime Minister Xavier Bettel and Minister of the Economy Franz Fayot announced the acquisition of Luxembourg's high performance computer (HPC). Named MeluXina, it will become part of the European HPC network.
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