Premium
Premium statistics

Industry-specific and extensively researched technical data (partially from exclusive partnerships).

A paid subscription is required for full access.

In which areas do you see the most important impact to your business from FinTech?
Leading opinions on impact of FinTech on the financial sector in Luxembourg in 2016
This statistic shows the answers to a survey question on the leading opinions on the impact of FinTech on the financial sector in Luxembourg in 2016. In 2016, approximately 49 percent of the senior executives in the Luxembourg financial and FinTech sector indicated FinTech could enhance interactions and build trusted relationships. FinTech is regarded as both an opportunity as well as a threat to the financial sector. However, as consumer demands increase, so do the efforts to adopt to FinTech. In 2016, investments in FinTech companies in Europe reached a total value of approximately 2.2 billion U.S. dollars.
In which areas do you see the most important impact to your business from FinTech?
Share of the respondents
--
--
--
--
Exclusive Premium statistic

You need a Premium Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Premium 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.

Leading opinions on impact of FinTech on the financial sector in Luxembourg in 2016
This statistic shows the answers to a survey question on the leading opinions on the impact of FinTech on the financial sector in Luxembourg in 2016. In 2016, approximately 49 percent of the senior executives in the Luxembourg financial and FinTech sector indicated FinTech could enhance interactions and build trusted relationships. FinTech is regarded as both an opportunity as well as a threat to the financial sector. However, as consumer demands increase, so do the efforts to adopt to FinTech. In 2016, investments in FinTech companies in Europe reached a total value of approximately 2.2 billion U.S. dollars.
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!

Premium 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"
  • General overview
The most important statistics
  • Financial results from foreign branches
  • Private banking
  • Investment funds
  • Future developments
Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.