Tagged: luxembourg

PayPal Europe, National Research Fund & U of Luxembourg Sign MoU to Create FNR PEARL Fintech Chair

PayPal Europe, the Luxembourg National Research Fund (FNR) and the University of Luxembourg signed a Memorandum of Understanding (MoU) this week on the creation of a FNR PEARL chair in the field of FinTech. The Chair has an initial duration of 5 years and will be jointly… Read More

IMF & Dubai to Host FinTech Seminar at World Government Summit

The International Monetary Fund (IMF) is partnering with Dubai’s Ministry of Finance to co-host a fintech seminar during the 5th World Government Summit that will take place in Dubai between February 12-14, 2017.  Blockchain technology will be a key discussion point during this panel —… Read More

Fintech Investor Rakuten Continues European Banking Operations from Luxembourg Headquarters

Japanese e-commerce conglomerate and fintech investor Rakuten has cemented its interest in growing its European commercial banking operation from its Luxembourg headquarters. Initially focusing on providing payment, deposit and loan services for merchants on the PriceMinister e-commerce platform in France, Rakuten Europe Bank plans to expand… Read More

Nasir Zubairi Appointed CEO of Luxembourg House of Financial Technology

The Luxembourg government and its private sector partners announced the appointment of Nasir Zubairi as CEO of Luxembourg House of Financial Technology (LHoFT). “I am excited to be working with the stakeholders in the Luxembourg community to progress fintech innovation. Luxembourg has great potential for fintech… Read More

Brief: Switzerland Equity Crowdfunding Platform Bee Invested Launches Campaign For Luxembourg Real Estate Development Project

Earlier this week, Switzerland-based equity crowdfunding platform Bee Invested announced the launch of its new campaign for a real estate project located in Luxembourg. The website stated the offering is designed to simplify investments by connecting developers and investors. It also claimed is is the first… Read More

Kickstarter Opens For Five More European Countries

Continuing its global expansion, crowdfunding giant Kickstarter announced that it has opened shop for five European countries: Austria, Belgium, Italy, Luxembourg, and Switzerland. Kickstarter revealed on Tuesday: “We’re thrilled to announce that Kickstarter is now available to creators in five more European countries: Austria, Belgium,… Read More

Finance Minister Pierre Gramegna at ICT Spring: Luxembourg Seeks to Become Hub of FinTech Revolution

In an article posted today in the Luxumburger Wort, Luxembourg Finance Minister Pierre Gramegna commented that FinTech is the engine driving new financial services business models, promoting the Grand Duchy as a location for the burgeoning ICT sector. “What Silicon Valley has in Tech, we have in Fin,”… Read More

Smart Lenders / Direct Lending Investments Delivers 1st European Dollar Denominated Note Backed by P2P Loans

Luxembourg based Direct Lending Investment, advised by Smart Lenders, has created the first US Dollar denominated security that is backed by peer to peer, or marketplace, funded loans.  As part of the process, Direct Lending Investment is using  Orchard’s analytics technology, according to information received… Read More

Mangopay Establishes Presence in UK in Expansion Push

Luxembourg based Mangopay, a payment solutions provider that works with a broad variety of transactional sites including crowdfunding platforms, has opened up an office Level 39, Canary Wharf in London positioning the company for further growth.  The Mangopay API was released in 2013 and today has… Read More

Synthesis P2P Fund Will Invest Through Ablrate, Lending Platform for Commercial Aircraft Leasing

Peer to peer lending platform Ablrate has announced an agreement for investment company Synthesis to use its P2P Sub-Fund to invest via the Ablrate site.  Ablrate is a unique “P2B” operation in that it is asset backed, leveraging commercial aviation leasing.  Ablrate launched in 2014… Read More