Leading corporate strategies of Luxembourg financial sector with FinTechs 2016

This statistic shows the answers to a survey question on the leading corporate strategies of the financial sector in Luxembourg with FinTechs in 2016. In 2016, approximately 14 percent of the senior executives in the Luxembourg financial and FinTech sector indicated they launched their own FinTech subsidiaries. Approximately 21 percent of the Luxembourg financial sector does not deal with FinTech. However, start-ups have another way of getting the capital they need. Of the Benelux countries, Luxembourg has the highest score when it comes to the availability of venture capital for start-up entrepreneurs.

How is the Luxembourg financial sector dealing with FinTechs?

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

only $59 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

April 2016

Region

Luxembourg

Survey time period

2016

Number of respondents

36 respondents

Age group

18 years and older

Special properties

senior FS and FinTech executives in Luxembourg

Method of interview

Questionnaire

Supplementary notes

Fintech, or Financial Technology, is a collective term for businesses which try to reinvent financial services with a product or service built on technology. The term is usually applied to start-ups with activities in particular branches such as blockchain, robots and automated systems, mobile payments, money transfers, (micro)loans, fundraising, or asset management. Spanish bank Santander estimated in 2015 that blockchain technology, for example, could reduce banks' infrastructure costs by between 15 to 20 billion dollars per year.

The source does not provide information regarding multiple answering options.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.

Statistics on "The financial sector in Luxembourg"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.