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. 

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.

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.”

 

Press release by the LHoFT


Publié le 08 octobre 2018