The Swiss Finance + Technology Association and the LHoFT partner to promote further the Fintech industry across Europe.
The Swiss Finance + Technology Association and the LHoFT Foundation have signed a Memorandum of Understanding on Monday 1st of October at the FINTECH+ Conference in Zurich.
Zurich, Monday, 1st October 2018
The Swiss Finance + Technology Association and the LHoFT Foundation are pleased to announce the signature of a new Memorandum of Understanding (MoU) at the FINTECH+ Conference in Zurich on Monday, 1st October. This MoU was signed by John Hucker, President of the Swiss Finance + Technology Association and Alex Panican, Head of Partnerships and Ecosystem at the LHoFT.
The objective of the two hubs is to work on collaborative initiatives and further promote the FinTech industry across Europe for the benefit of the whole industry. In practice this means that the two organizations will join each other’s events and will exchange knowledge about the market and regulation, creating new opportunities for Fintech companies and investors of both countries.
From left to right: John Hucker, President of the Swiss Finance + Technology Association and Alex Panican, Head of Partnerships and Ecosystem at the LHoFT
John Hucker, President of the Swiss Finance + Technology Association, said: “There are many commonalities between Switzerland and Luxembourg as two outward-facing, European financial powerhouses. The Swiss and Luxembourg FinTech scenes are responding to the evolving needs of their domestic and international clients. Working together will enable further access by the members of our two organizations into each other’s markets.”
Alex Panican, Head of Partnerships and Ecosystem at the LHoFT said: “Our hubs are like two twins in the European Fintech Family, our financial industries are very similars. Therefore it makes perfect sense to have a very close partnership in order to support our respective fintechs but also our financial partners. This MOU will bring two similar that were a world apart.”
About the Swiss Finance + Technology Association
The Swiss Finance + Technology Association (SFTA) is the center of gravity and driving the development of the Swiss FinTech ecosystem. It is an independent, non-profit association organized under Swiss law. Members represent all stakeholders in the Swiss FinTech ecosystem, including industry professionals, entrepreneurs, investors, academia, policy makers, and others. Activities focus on connecting, educating, advocating, promoting, and serving the Swiss FinTech ecosystem, both locally and internationally.
About the LHoFT Foundation (LHoFT)
The LHoFT Foundation is a public – private sector initiative that drives technology innovation for Luxembourg’s Financial Services industry, connecting the domestic and international FinTech community to develop solutions that shape the world of tomorrow. The other partners of the LHoFT initiative are Chamber of Commerce, the City of Luxembourg and the University of Luxembourg, and the initiative is supported by the Ministry of Finance, Ministry of Economy and Ministry of State.