A tale of 44 cities | Luxembourg City S e l f e v a u l a t i o n o f tH h eu hb u bi in nd i sc High Rankixa t ko e yr as r e a Luxembourg Citys Best workspace and accelerators Hub features Top FinTech companies ‡ub profile Technologies Mangopay, Multifonds, Amazon Payments, iDetect, Bitstamp, Fundsquare, P SIX Payments Services, Investify, PayCash, APS. aris G Mobile Big investors Oo Data analytics sv loe r n SNCI, Chameleon Invest, Docler Investments, Mangrove Capital, LBAN, 360 Capital, m Big data e Gn l o b Saphir, GGM Capital, Sting. a l F it Boost by Deloitte Cn Algorithms es n t r neu Khube 1p o2 i tp Blockchain Lua vo xo LhoFT enr Success stories mnt I bl oua Luxfuturelab rgb x Launched in 2012 MangoPay, the payment API provider, now supports more than o le CGd Nyuko itynD Innovation areas I2Bo 1,000 platform customers across 22 countries in Europe. In 2015 it processed 1ui PwC Accelerator 5sn 9ig n Technoport €200 million worth of payments. e As Compliance bs u D h a Luxembourg is Europe’s leading investment fund centre and home to bi KYC In Bitstamp is a bitcoin exchange, allowing trading between USD currency and bitcoin more than 140 international banks and 150 FinTech companies and n Investment management INDEX SCOREo cryptocurrency. As of 2016 it was the world’s second largest by volume. v over 10000 people orking in the sector The cit is also host to a Digital payments t Kuala Lumpuri o multiple accelerators hich are managed b top financial plaers such c n Fraud detection and Digicash Payments, a mobile payment specialist, has had their technology as  ­ ­aribas €n parallel the government is particularl accessible 83utlu mitigation implemented by 4 retail banks and has been deployed at a national scale in and supportive offering extensive ƒ„… grants the implementation of er Luxembourg. a highl efficient €T infrastructure and specific regulations adapted to Challenges the financial services sectorLow Rank The future High cost of office space The year ahead promises to be a very exciting one for Luxembourg, both with High cost of living regards to improving the infrastructure that supports the FinTech ecosystem ise Limited exit opportunities through the creation of the Luxembourg House of FinTech and services industry. Rert This year, the Luxembourg investment funds association (ALFI) and banks egula exp association (ABBL) have established FinTech working groups of which FinTech tioy to nmit companies are active participants. Thus, we expect that the collaboration in their oxi daily operations. Pr Hub representative Luxembourg for Finance Formers CEOeign sto custo Nicolas MackelartupsProximity t Data to be updated in full report (Sibos, October 2017) 91