Top 20 investors in Central-Eastern Europe with the biggest sum of funding rounds in Finance industry over the recent years
08 May, 2021
With over 150 banks, more than 2,000 ICT firms, 332 insurance and reinsurance companies, financial infrastructure companies, such as the stock exchange and central securities depositories, and Europe’s largest hub for investment funds, the Luxembourg financial center represents a significant market for innovative FinTech companies.
Association of the Luxembourg fund industry (ALFI) and The Luxembourg Bankers’ Association (ABBL) are committed to engage with the FinTech community while Luxembourg CSSF (Commission de Surveillance du Secteur Financier), which built a reputation on its rigour and reactivity as well as on the support it offers to the sector, regulates all financial activities.
Charged with building and fostering Luxembourg’s burgeoning FinTech ecosystem, the Luxembourg House of Financial Technology (The LHoFT), a dedicated national FinTech platform, brings together financial institutions, FinTech innovators, research, academia and public authorities, to help drive forward the development of products.
In addition to LHoFT, several initiatives support innovative companies in FinTech and other tech-related sectors: Technoport, an internationally highly-ranked incubator, Luxembourg House of Start-ups (HoST), a new start-up hub located at the heart of the capital city, and others.
The top 50 investors according to the total money raised in the funding rounds. These are VC funds and corporate investors in Western Europe that have invested over the last 3 years. They are actively investing in FinTech industry.
Amount of money raised in FinTech funding rounds is $8.1B, which is 4.1% of the total amount of money raised in rounds in Western Europe over the last 3 years.