Luxembourg offers world class IT infrastructure and connectivity. On a personal level, Luxembourg offers the lowest prices for mobile voice and data plans in the EU, and has wide availability of fast and ultra-fast mobile broadband networks. The Grand Duchy is home to the first e-embassy in the world and is at the centre of the European High-Performance Computing project.
By the end of 2020, Luxembourg will also have its own supercomputer – ‘Meluxina’ – delivering HPC capacity of 10 petaflops of processing power to industry users, startups and SMEs, equivalent to 10,000,000,000,000,000 calculations per second.
Secure data centres
Luxembourg is home to around a quarter of European Tier 4 data centres, providing the ultimate in security, redundancy and reliability.
Together with the available Tier 1-3 data centres, businesses can choose from a range of data centres perfectly suited to their specific needs, a number of them running on 100% green energy. Data colocation providers are also abundant. Google is currently in the process of designing a USD 1-billion data centre, planned to be located in the Grand Duchy.
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Ecosystem and Funding
In Luxembourg, FinTech start-ups can rely on a strong network of private and public incubators and accelerators
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Regulation
Beyond serving the local financial industry, Luxembourg is an outstanding launch pad for FinTech companies
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Collaboration and Talent
EU freedom of movement also means they are entitled to cross borders to work in the Grand Duchy
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