Catapult: Kickstarter, a two-week programme organized by the Luxembourg House of Financial Technology (LHoFT) Foundation, aims to aid financial technology (fintech) startups with tutorials, networking and mentorship on issues such as creating a business plan, managing risk and growing the business. The organizers will select 10 fintechs to participate in the program, which will run from June 20 to July 1, 2022. On the closing day, the participants will pitch to a panel, and five fintechs may win EUR 50,000 (USD 52,000) each in subsidies from the Luxembourg Ministry of Economy. Preference may be given to solutions that address issues relating to cybersecurity, insurance, regulation and wealth management “using blockchain, [artificial intelligence] AI and big data technologies.” The application period is open until May 25, 2022, at https://www.f6s.com/catapult-kickstarter-2022-summer.
Founded in 2016, LHoFT is a public-private sector initiative aiming to digitize Luxembourg’s financial sector and “connec[t] the domestic and international fintech community.” Of the organization’s 13 primary partners, most are financial services and consulting firms.
By Hasnat Aslam, Research Associate
Sources and Additional Resources
LHoFT description of Catapult: Kickstarter
https://lhoft.com/catapult/kickstarter/
LHoFT homepage
https://lhoft.com/
Catapult: Kickstarter registration
https://www.f6s.com/catapult-kickstarter-2022-summer/apply
Did you know that MicroCapital publishes the MicroCapital Monitor newspaper each month? Find out more at /products-page/.
Similar Posts:
- MICROCAPITAL BRIEF: Luxembourg House of Financial Technology (LHoFT) Accepting Applications from Fintechs for “Catapult: Inclusion Africa” Through September 15
- MICROCAPITAL BRIEF: Fintech Oko Secures $500k in Equity from Katapult, Individual Investors to Expand Agricultural Insurance to Cote d’Ivoire
- MICROCAPITAL BRIEF: Seedstars Accepting Applications from Fintechs Offering “Financial Innovations for Women Affected by Migration” Through July 30
- MICROFINANCE PAPER WRAP-UP: “Fintech: Financial Inclusion or Exclusion?”; by Yoke Wang Tok, Dyna Heng; Published by International Monetary Fund (IMF)
- MICROFINANCE PAPER WRAP-UP: “The Business Case for Linkage With Informal Savings;” by Constantin Albot, Stephen Peachey; Published by MasterCard Foundation, Oxford Policy Management
