Located between Germany and France, the biggest markets in Europe, companies can leverage its international character and its openness to innovation. " Being based in Luxembourg is great from a geographical point of point of view. You´ve got all the key players on the market here. You can test a product here and if it works here, there is a good chance your product will work abroad as well", states Thibaud Prouveur, Partner at software company Spallian.

The Luxembourg government is very responsive to FinTech and operates a regulated framework that is open to innovation. " We managed to get through the whole regulation process and to get our financial sector licence in six months," points out Raoul Mulheims, co-founder of Digicash Payments.

Luxembourg also offers a best in class IT infrastructure. "We are a small company, but we have huge needs in terms of datacenter and security. In Luxembourg we found the perfect match", states MANGOPAY director, Romain Mazeries.

"Luxembourg has a well established and vibrant venture capital environment", points out, Michael Jackson, Partner at Mangrove Capital Partners.  "For the last 30 years Luxembourg has had a vibrant FinTech industry based around fund management, security of money, reliability, the fiscal regime … and that can benefit any start up in the FinTech world. "