HOSTED FINTECHS AND FELLOW MEMBERS 2019 - LHoFT€¦ · bring more transparency, security and...

LHoFT’s Innovators DirectoryHOSTED FINTECHS AND FELLOW MEMBERS 2019

LHoFT’s Innovators Directory 2019


Luxembourg has always been very attractive for Payment firms looking for EU passporting due to thenature of the international skill set and language capabilities. However, solutions in the fields ofRegtech, Fundtech, Insurtech and Financial Inclusion, particularly in the B2B space, are gaining rapidtraction, aligning with the existing industry strengths of Luxembourg. We find that Fintech firmstargeting financial institutions with great solutions get better access to decision makers and fasterprocurement cycles then in most other financial jurisdictions. Key technologies of interest areBlockchain, AI and Big Data. The domestic ecosystem is being catalysed by the entrance of andpresence of prominent international Fintech firms such as Ant Financial (Alipay), Paypal, Bitflyer,Amazon Payments, Rakuten Bank and Lendinvest amongst others.

I see continued and rapid growth of the Luxembourg Fintech ecosystem, principally as a result of theaccess to and engagement from the financial institutions in Luxembourg. The traditional financialinstitutions are hungry for new solutions and are fast becoming more capable of agile engagement.The depth of expertise in English language, being able to apply to the regulator in English, do businessin English, and, critically, contracts in English, as well as easily access expertise in nearly all other EUlanguages and know-how of international business outside of the EU, is attracting firms to dobusiness from Luxembourg. The genuine and effective cooperation between the public sector and theprivate sector also serves as a great launch pad for continued excellence.

Since the formal registration of the LHoFT Foundation just a short time ago in April 2017, we havewitnessed incredible interest and growth in the financial technology sector in Luxembourg. Ourmembership has ballooned by 300% in less than one year and the sector now employs thousands ofpeople. Many leading Fintech firms have chosen Luxembourg as a strategic base of operations, andwe are certain that many more firms will do likewise; it makes sense.

Sincerely,

Nasir ZubairiCEO of the LHoFT

John F Kennedy, speaking in Frankfurt on June 25th, 1963, stated;“….time and the world do not stand still. Change is the law of life.And those who look only to the past or the present are certain tomiss the future.”

Luxembourg really does look to the future. The Grand-Duchy is aleading financial centre in the EU, with over 130 banks and AuM ofover $4 billion in investment funds, second only to the US in theglobal market.

With this base, Luxembourg has a key role to play in pushingEuropean Financial Services forward, leveraging the incredibleagility and collaboration that is core to our DNA.

!

ABOUT THE LHoFT

The LHoFT is Luxembourg's dedicated Fintech platform. It is a partnership between the public &private sector tasked with ensuring the future competitiveness of Luxembourg's financialservices with a focus on digital innovation.

We work to develop and align the Fintech ecosystem within Luxembourg and connect thatecosystem with the rest of the world to advance solutions. We develop knowledge of fintechand innovation across the community through education programs, workshops and events, andwe also drive industry level projects that solve large scale problems.

Senior executives from 13 leading private sector institutions sit on our board as leadershipcircle partners alongside representative from the Luxembourg Government, such as ourChairman, Pierre Gramegna, Luxembourg Minister of Finance, as well as leaders of theLuxembourg Chamber of Commerce, Luxembourg for Finance and PROFIL, the LuxembourgFinancial Industry Federation.

"

INNOVATION PARTNERS

ASSOCIATE PARTNERS

WITH THE SUPPORT OF

LEADERSHIP CIRCLE PARTNERS

#

AMD Group automates tasks and integrates AI to appropriatebusiness processes aiming at helping financial firms reduce costsand make their HR focusing on most critical activities.

Apla is a blockchain platform for organizing economic, public andsocial activities. These events are powered by smart laws andsmart contracts.

Apollonian INSIGHT-analysis helps companies to standout, identify,value, manage and grow their intangible assets and show whetherthey are able to survive and prosper in a competitive environment.

artfintech.one brings inclusive financial services to the art world,building the Protocol and dApps for a digital art ecology that willcreate value from sharing art-based asset tokens.

Bigedirect provides payment initiation services to E-Commercemerchants. These will be direct bank-to-bank payments bypassingcard scheme payments.

Bitvalley is building a new decentralized economic model,facilitating the adoption of blockchain technology in domains thatare ripe for disruption.

BoardMaps software helps drive effective management processesby connecting parties before, during and after meetings andensuring focus on decisions, actions and results.

CFinance offers easily accessible unsecured loans online with afocus on user friendliness and quality of the service to customerswho are in need of financial aid in Finland and Sweden.

PART 1 HOSTED FINTECHS

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Code Club is a not-for-profit association run by a community ofvolunteers who teach the basics of programming to 8-12 year oldschoolchildren.

Cyberhedge helps companies better mitigate their cyber risk byexpressing the risk in financial terms. Their R&D department'sresponsibility is to develop and improve our financial models.

DOMOS is the one-stop-shop solution that allows you toconcentrate on bringing added-value to your clients by automatinga maximum of tasks and processes.

Emergent Payments offers both payment facilitation and gatewayservices through advanced technology, local operations, dataanalysis and an experienced payments team.

Europy provides a distributed ledger based platform for investmentmanagers offering control on outsourced services, ensuringownership of back-office information with additioanl productionprocess flexibility.

FundsQ automates your due diligence process through a powerfulonline platform with actionable analytics, an elegant userexperience unparalleled workflow and system configuration.

Greenwich Dealing offers an outsourced trading solution to provideClients / Funds with access to Global Markets in a fully transparentprocess.

Hacknowledge is a Swiss-made security monitoring solution thathelps shorten the time between breach and detection.


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HQLA& provides market participants with a platform improvingcollateral fluidity by creating a new, more efficient, transparent andcost effective marketplace for liquidity transfers.

Hydrogen cloud-based API platform incorporates blockchain and AIon a global scale. With robust API offerings, Hydrogenallows developers and firms around the globe to buildsophisticated fintech applications.

INCERT GIE is a center of expertise providing products and servicesbased on knowledge and experience acquired in cryptography,eTravel documents and cyber security.

Infrachain is a non profit organisation created by the emergingblockchain-related industry and supported by the LuxembourgGovernment.

Investsuite provides automated investment solutions helpingfinancial institutions retain their clients by addressing their rapidly-evolving digital needs and defend their market positions.

Label R provides a unique ESG and ethical certification andbenchmarking for companies and funds.

Licorne Capital designs digital solutions for dynamic and automaticmanagement of stock market portfolios, producing regular annualperformance and integrating risk control.

LTS is a new extracurricular school concept to support the development of future Digital Leaders. It teaches 15-20 years old students to technology in a real business context.

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Mash leverages advanced proprietary algorithms, machine learning capabilities and automated platform to deliver superior finance and payments solutions to thousands of customers every day

Morfin’s mission is to become a world-class “mutual-style”platform bridging the gap between traditional finance and digitalbanking with blockchain technology.

MyBucks embraces technology as a means to provide financialproducts and services to the low and middle-income customersegment, predominantly in high-growth emerging markets.

New Amsterdam Services takes full range services and technologybased solutions to company’s operations, regulatory and tradingdocumentation needs.

Numbrs is a customer-centric financial services firm enabling itscustomers to manage their existing bank accounts and personalfinances and to buy any financial product from every provider at thebest possible price.

Peer Mountain is a blockchain-agnostic decentralized ecosystemfor identity aggregation and trust.

QCS brings together the technical team that helps integratedistribution leger technologies into companies business solutions.

Satispay is a new payment system allowing customers to pay in stores or your friends from your smartphone within seconds. The service is completely free and available for download for iPhone, Android and Windows Phone.

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Sikoba is a decentralized platform based on peer-to-peer IOUs andbuild on blockchain technology. Participants who know and trusteach other in real life grant each other credit lines in the Sikobasystem

Stampify is an entrepreneurship-centric platform to tokenise capital increases. SMEs benefits from the dynamic corporate governancetoolbox enhancing a fully digitised 1-to-1 shareholding relationship.

Stokr is an accessible and easy to use peer-to-peer investmentplatform connecting investors and business founders to finance forward-thinking ideas and to share future profits.

Tetrao’s technology enables the automation of any process ahuman work does on a Web browser, being on public websites orbackoffices.

Tokeny is the most trusted tokenization platform. The Luxembourgbased fintech connects empowered investors with disruptivecompanies for running successful, secure and sustainable ICOs.

Tus-S&T is a large technology investment and service group affiliated with Tsinghua University, China. Tuspark operates over 80 incubators hosting more than 5000 innovative startups.

ume has been designed to respond to the asset management industry for an effective automated due diligence of fund distributors.

VNX Exchange is the first marketplace and trading platform for tokenized venture capital assets.

Yapip enables investors and traders to maximize their profit andavoid losing money in the stocks and currencies trading market.

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Aevum Technologies has developed innovative irremovable andirreproducible label-signatures permitting absolute objectauthentication, fulfilling current market needs.

aixigo offers highly scalable software solutions for multi-channeldigitalisation of the financial sector in the area of investmentadvice and asset management.

Akiba Digital is a mobile app that offers a combination of financialbehavioural coaching, a premium rewards program, goal-setting &visualisation to make your savings more effective.

algoreg products enable a fast and compliant onboarding,decreasing operational KYC and reducing negative impacts oncustomers.

Alto Advisory is a Luxembourg based company which providesprofessional services to the funds and asset management industryin Europe.

ANote Music is the European marketplace for music rights.Through ANote Music, anybody can invest in music and purchaserights that artists, record labels and publishers decide to sell on theplatform.

APENTIS provides the ultimate middle office solution for Funds,Asset Managers, Private Bankers and Family Offices.

Arteïa's solution is an integrated platform serving all the needs ofactors in the art market.

AssurBox is a B2B SaaS platform that simplifies communicationwith insurances by allowing dealers and other partners to makeefficient requests to insurances companies in Luxembourg

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PART 2 FELLOW MEMBERS

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behave builds quantitative factor based models for investmentprofessionals, including stock and style selection as well as sectorand equity/cash allocation.

Blanco Services enables asset managers and investment firms to scale through modern technology while relieving its clients of muchof their operational, controlling, and IT operations.

Blockpulse is launching the first ICO/STO Platform in France to bring more transparency, security and information on the primarycrypto market.

BMA advises, supports and trains financial services professionalsin the implementation of risk management framework and risk-related decision making process.

BitPesa is an online payment platform that leverages Blockchainsettlement to significantly lower the cost and increase the speed ofbusiness payments to, from and within sub-Saharan Africa.

bitFlyer Inc. is the largest bitcoin exchange in the world by volume,transacting $100 billion year-to-date. Since it was founded in 2014,bitFlyer has grown to nearly 1 million users worldwide.

Budget Insight is an AIS (Account Information Service) that allowsits clients to connect their applications to the bank of their users.Budget Insight also offers a PFM solution (Personal FinanceManagement App) for banks and insurance companies.

CDDS provides anti-money laundering (AML) and ‘Know Your Client’(KYC) software and solutions to a wide variety of businessessubject to AML/CFT regulation.

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Compellio is a software company that develops enterpriseapplications for private and public organisations, including cloudplatforms for digital asset transaction on the blockchain.

ComplianceWise helps its clients by automating their entirecompliance process related to KYC, Anti-Money Laundering, AIFMDand Annex IV reporting.

Crosslend offers single-loan securitisation as a service,transforming loans into fungible bonds to enable both institutional& retail investment in consumer and SME credit.

Cygnetise is the blockchain platform that alleviates the pain ofmanaging Authorised Signatory Lists, making it simple, fast andsecure.

Duco enables financial services firms to control complex datausing light-touch, self-service technology. We are shaping the coreof new and efficient operations.

Earthlab combines remote sensing data and computer visiontechniques to generate analytics that can be used in the wholeinsurance value chain.

EMPcorp’s aim is to deliver a complete set of global paymentmethods in combination with a powerful fraud prevention system.The core business is based on E-money and an E-wallet.

FFYN enables Professional Investors to take full control of data and relationships on their selected funds.

Finologee helps financial industry players re-think, invent and buildtheir customers' experience.

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Four One Financial Services provides licensed and regulatedretirement saving schemes and affordable healthcare insurance tothe informal sector.

Fundsquare delivers a more efficient and standardisedinfrastructure to the fund industry for the exchange of informationand related transaction messages.

Governance.com enables their clients to deal with regulatoryrequirements effortlessly, by collecting and connecting all theirdata and documents.

Hexalina develops and markets a technology that can be integratedinto platforms, allowing them to adopt an approach where interestsof owners, customers and contributors are aligned.

HighWave Capital is the first Robo-Advisor that includesBehavioural Finance to optimize KYC performance and portfoliomanagement.

Humaniq is a simple and secure mobile app, delivering financialinclusion solutions globally. Humaniq is a new generation offinancial services with its own cryptocurrency.

iCompare.lu is the first comparison site of its kind in Luxembourg,allowing consumers to search and buy insurance products basedon their needs in 30 seconds.

Inclusivity Solutions are experts in creating inclusive digitalinsurance markets. They help mobile operators and insurers todeliver sustainable insurance solutions for emerging consumers.

Insurnext creates beautiful and easy-to-use web solutions for theinsurance sector.


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Jemmic provides professional services, custom softwarecomponents and solutions for protecting web sites, portals andusers.

Keexle is a communication & collaboration tool that encryptseverything end-to-end.

LendInvest is the UK’s leading marketplace platform for propertylending and investing, and one of the UK’s largest non-bankmortgage lenders.

Lingua Custodia is the leader in applying machine learning tofinancial translation. It develops specialised and customisedmachine translation engines.

LUXHUB, a joint initiative of major luxembourgish financial andtelecom entities aiming at helping the entire digital ecosystem totake advantage of the challenge and opportunities of the EuropeanPSD2 directive.

LuxTrust provides IT security services and is a trusted third partycertified according to the European regulation eIDAS governingelectronic identification and trust services in the European market.

Neterium offers cloud-based APIs to quickly integrate namescreening services into your platform, process or application.

Nexvia gives financial tools to take wise Property Decisions andmakes Home Buying & Selling an Elevated Experience.

Numerium3 is a leading proprietary sytematic trading company.


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OKO provides index insurance and other farming-related services tosmallholder farmers in emerging countries using state of the arttechnologies to monitor rainfall and crop evolution.

Onpex provide multi-currency IBAN accounts and acquiringpowered by flexible, API-driven technology to create simple,compliant, and cost-efficient payment and banking solutions.

Ovamba provides short-term capital to micro, small and mediumsized businesses in Africa, emerging markets and the GCC fortrade, inventory purchases and growth.

Payconiq provides solutiona for mobile payments through an appcan be used online and in stores with a simple scan of a QR codeas well as amongst friends with our easy money transfer option.

Resistant Fund is an investment fund in FIAT which allow crypto-millionaires and ICO startups to invest, diversify and operate in asmooth way.

Ripple provides global financial settlement solutions to enable theworld to exchange value like it already exchanges information,giving rise to an Internet of Value.

RiskConcile develops and deploys cloud-based risk solutions andcurrently servicing asset management companies, insurancecompanies and service providers across Europe.

Scorechain provides business intelligence and big data for theblockchain technologies as well as risk analysis and metrics fortransactions and keys to its customers.

Secourriel is specialized in cybersecurity and provides contractready messaging for sensitive content and an instant legallybinding receipt.


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At SEQVOIA back office headaches for the fund managementindustry are solved. KIIDs, PRIIPs and Fund Prospectuses can beproduced and managed on SEQVOIA's FundD software.

Smart Oversight is a Robotic Process Automation and managementtool for the anti-money laundering (AML) process.

SnapSwap offers a fully automated online and mobile onboardingsolution for banks institutions, telecom operators, insurancecompanies and investment industry.

StarTalers is an online financial coach and roboadvisor thatsupports women willing to invest sustainably.

Szmart Blockz is a private blockchain that facilitates fraud safetyfor reporting purposes and tailored to the company needs inProcurement for the P2P process (Purchase to pay).

Techmedev Sàrl is a company focused on Blockchain technology inthe areas of music, media and data flow management.

Tresorio is specialized in mining, cost optimization and cryptoportfolio management, developing a better approach to tradeefficiently with low volatility on crypto-currencies markets.

VALORchain AG unlocks the full potential from tangible assets bysolving the problem of poor data quality, provenance andauthenticity in connection with tangible assets.

The Vouch platform is an online verified digital supply chainplatform that enables donors to offer cash donations tocommunities, both conditional and non-conditional payments.

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PART 1

HOSTED FINTECHS

LHoFT’s Innovators Directory 2019 )(

AMD Group[ LUXEMBOURG ]

WEBSITE www.amdgroup.lu

TEAMMr Ali Belcaid, PartnerMr Mirko Teroni, PartnerMr David Cindric, Partner

FINTECH SECTOR Artificial Intelligence, Robotic Process Automation, ChatBots & Virtual Assistans

ACTIVITIES IN Luxembourg

YEAR OF INCORPORATION 2018

ELEVATOR PITCH

AMD Group is a Fintech company that brings the best of breed concepts and solutions that not only automate the repetitive and mundane tasks but also integrate Artificial Intelligence to the appropriate business processes with aim to help financial companies reduce their costs and make their human resources focusing on the most critical activities.

PROBLEM SOLVED

Main functional focus: ! Compliance : GDPR, KYC, ...! Customers On-boarding ! Internal Customers On-boarding (HR) ! Information Security Compliancy

Tier 2 Focus :! Customer Services Support! Contact Centers & Service Desks

SOLUTION / TECHNOLOGY

UIPath; Automation Anywhere; BluePrism; Microsoft; IBM Watson; RASA; Keras;PyTorch; TensorFlow

COMPETITIVE ADVANTAGE

Added-value for our financial Customers:! Decreasing their internal costs by automating their activities! Increasing compliancy by decreasing Risks as automated processes are all

logged

MARKET SIZE Any market size as we work usually on a business case approach with Customers

LHoFT’s Innovators Directory 2019 +*

Apla[ RUSSIA ]

WEBSITE www.egaas.org | www.apla.io

TEAMMr Vitaly Bondar, CEOMr Denis Bondar, CFOMr Oleg Strelenko, Founder

FINTECH SECTOR Payment/ Cryptocurrency / Blockchain

ACTIVITIES IN Luxembourg, Russia, China, Indonesia, Ukraine YEAR OF

INCORPORATION 2017

ELEVATOR PITCH

Apla is another step towards creating a paperless economy and digital ecosystem bygovernments and businesses. Apla has developed a completely new digital solutionfor managing and processing governmental services, financial and other businessoperations. The solution deploys the distribution ledger technology (DLT) andcustomizable smart-contracts as well as smart laws, for the effective and securedfunctioning of the digital economy. Voting systems, land registries, financial services,medical records, IP rights distribution, donation and other social good market places,is a short list of proven use cases of the Apla block-chain solution. Based on theEstonian experience, the paperless economy can save the state budget around 2 %GDP.

PROBLEM SOLVED

! User-friendly application: Apla makes the development and use of blockchainapplications easy, clear and convenient. An original coding language has been created for applications development.

! Transaction speed: Apla makes the blockchain applications work nearly as fast as local web-services.

! Access rights management: Apla implemented at the platform level (not at the contracts level) the mechanism of multi-level management of access rights to elements that applications are comprised of contracts, interfaces, databasetables.

! Cybersecurity risk management: Apla develops a smart-law mechanism for legalresolution of cyber-attacks and source code vulnerabilities.


Apla is a peer-to-peer blockchain network that uses the delegated proof of stake(DPoS) method as its consensus algorithm. The network structure ensures themaximum bandwidth necessary for work of applications. Execution of smartcontracts and provision of disk space as data storage is paid for with fees(commissions) that work as stimulus for maintenance of validating nodes. Validatingnodes can be selected by investors/or states.


Pre-programmed smart-contracts and the original coding language make thedevelopment of applications in the Apla eco-system much shorter (approx., 135 hoursvs. 1150 hours on Ethereum). Template engine language is harmonized with thecontract language for creation of fraud-protected interfaces. Multi-level system formanagement of rights to create and edit contracts, database tables and interfaces(rights can be granted to persons, roles, and contracts). Implemented smart-lawsmechanism. It’s a set of rules that regulate the relations between the platform users,and the user rights to make changes to protocol parameters. Also, smart laws includea collection of rules and actions required to eliminate the consequences of misuse ofvulnerabilities in contract codes.

MARKET SIZE Current capitalization of crypto assets, nearly $150 bln (https://coinmarketcap.com )

+)LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 ++

Apollonian[ LUXEMBOURG ]

WEBSITE www.apollonian.eu

TEAM

Mr Tuomas Saarinen, ChairmanMr Vesa Renfors, COOMr Andreas Dahlen, Advisory and Institutional Investment DirectorMr Tuomas Nousiainen, Investment Research and Advisory Director

FINTECH SECTOR Analysis and Valuation, Regtech



ELEVATOR PITCH

Apollonian INSIGHT-analysis helps companies to standout, identify, value, manageand grow their intangible assets. These assets are fundamental for businessdevelopment and shows if a company will be able to survive and prosper in acompetitive environment over the long haul.

PROBLEM SOLVED

Apollonian INSIGHT increases transparency on the market for both the companyand investors as they have a full overview of all assets and their value. Thanks to amore precise valuation - future acquisitions, capital investments, buy-outs andinitial public offerings are made easier.


Standardized valuation method in accordance with international accountingstandards. Suitable for any type of company or portfolio (both equity and debt).


Apollonian has a unique approach to company assessment and valuation thatidentifies all assets, including intangibles, which have a significant impact onrevenues and performance. INSIGHT analysis reveals the company’s hidden valueand growth potential, resulting in the most accurate analysis of the underlyingcompany value.

MARKET SIZE !100b

LHoFT’s Innovators Directory 2019 +!

Artfintech.one[ BELGIUM ]

WEBSITE www.artfintech.one

TEAM Mr David Dehaeck Co-Founder & CEO Ms Nathalie Haveman Co-Founder & COO

FINTECH SECTOR ArtTech, Crypto, Blockchain



ELEVATOR PITCH

Artfintech.one is a technology company that brings inclusive financial services tothe digital art, design, corporate and hospitality and investment markets. We arecurrently creating the Protocol and DApps for a digital art ecology that will createvalue from sharing art-based asset tokens. WUNDER.ART is our first use case for ablockchain-based, distributed museum focused on the dissemination andsustainability of digital art.

PROBLEM SOLVED To solve the main problem of trust, we created a system where none is required.

SOLUTION / TECHNOLOGY Creating a blockchain-based liquid and scalable digital art market.


! Team with more than 60 years combined art market expertise! Leading experts in our Advisory Board ! Partner network of industry leaders ! Proven end-to-end platform to protect, archive and distribute digital art (started

building in 2013) ! Creators of the Patron Protocol to fuel this new economy. ! First mover traction resulting from our MVP. ! Open source application layers to fuel an ecology

MARKET SIZE 300B

LHoFT’s Innovators Directory 2019 +"

Bigedirect[ SWEDEN]

WEBSITE www.bigedirect.com

TEAM

Mr Gert Funk, CEOMr Thierry Fromes, Deputy CEOMr Jonathan Reddin, CRO Mr Marc Funk, COO

FINTECH SECTOR Payments


YEAR OF INCORPORATION

2018

ELEVATOR PITCH

Bigedirect will provide payment initiation services to E commerce merchants.These will be direct Bank to Bank payments and will bypass card schemepayments. We will reduce costs increase successful transactions. Remove therequirements for reserves to be held, ensure merchants receive funds immediatelyand remove charge back liabilities. We have merchants waiting to move significantvolume to us in excess of 40ME per month.

PROBLEM SOLVEDMerchants find card scheme payments expensive with complex rules requiringreserves to be held by banks, complex checkout processes leading to up to a 20%failure rate at checkout and on going liabilities lasting up to 6 months.


PSD2 allows a new service of payment initiation allowing consumers to the choiceand freedom to pay for goods and services directly from their bank account to themerchant bank account via the BigeDirect platform.


We have an existing pool of merchants processing payments through cardschemes in challenging verticals such as the travel sector waiting to move volumeto us as soon as the platform is licenced and running, the business will generatecash very quickly.

MARKET SIZE 25 Billion Euros +

LHoFT’s Innovators Directory 2019 +#

Bitvalley[ LUXEMBOURG ]

WEBSITE www.ibisa.network

TEAM

Ms María Mateo Iborra, project leadMs Annette Houtekamer, product leadMr Vu Tien Khang, architectMr Manuel Martinez, lead developerMr Jean-Baptiste Pleynet, lead actuaryMr Dan Isaac, operations

FINTECH SECTOR Insurtech



ELEVATOR PITCH

Insurance contracts are profitable when they cover risks that have a high value andhappen rarely, so that administrative costs are acceptable in proportion to thevalue of the risks. For example, profitable insurance businesses are those thatcover property accidents, life insurance, legal suits. Crop micro-insurance hasproperties that are opposite: values are low (about 200! per pay-out) and losseshappen often (less than 3-5 years) so expenses to assess claims are high whencompared to the value to be paid. But they are vital to the survival of smallholderfarmers.

IBISA business model is to keep the operation costs low and succeed by numbers.We’ll start to be profitable above 250’000 farmers joining. The potential market ismore than 500M farmers. We have signed letters of cooperation with large NGOssuch as BRAC in Bangladesh (40 million farmers in their books) and DHANfoundation in India (1 million of farmers) and 15 more partners. We started toprepare deployment in India in 2018. We’ll do 3 more countries in 2019:Bangladesh, Kenya and Niger


PROBLEM SOLVED

IBISA offers a mutual crop protection service to 500 million smallholder farmersthat are today not buying micro-insurance for the reasons above and are thereforeunprotected. Once the crop production channel is protected, the way is open to the4 other channels of larger value insurances: transport insurance, financial pricevolatility insurance, property insurance and personal insurance. So we contributeto improve the livelihood and the world's food security of more than 1.8 billionspersons. And we are contributing to 5 of the SDGs while being profitable.


IBISA uses latest technologies to provide efficient large-scale coverage and keepthe operating costs low. It uses blockchain to keep low the back-office costs:premium collection, pay-out, claim management, contract renewal.It uses satellite Earth Observation to keep the damage assessment costs low.It models in blockchain the ancestral mutual risk mitigation of the iddirs.Today IBISA has received support from the European Space Agency and from theLuxembourg government.


We model an ancestral risk sharing system using the latest technologies ofblockchain, Earth Observation and risk modelling. Using them, we will achieve avery low cost of operations and deliver “value-for-money” risk protection to the500M+ farmers who don’t buy current crop micro insurance. Such traditionalmutual reach 70%-95% penetration rate, as compared to less than 0.5% penetrationof existing crop microinsurance.

MARKET SIZE

Our market begins with the 500M+ small-scale farmers in underdevelopedagriculture markets that are under protected and financially vulnerable. ThePotential market estimates are USD 8.2 Bn. From a geographical perspective,Africa, Latin America and South East Asia are leading the world in untappedpotential. This is where new technological developments are bringing what is beinglabelled as the Next Agricultural Revolution. They are also regions wherecommunity-centric agriculture is prevalent over mass exploitations.

+$

LHoFT’s Innovators Directory 2019 +%

AIFMaps & BoardMaps Fintech Solutions[ USA ]

WEBSITE www.boardmaps.lu

TEAM Mr Jacob Bernstein, Founder & CEO (Austin, TX)Mr Renaud Barbier, Managing Director (Luxembourg)

FINTECH SECTOR Regtech, Insurtech, Fintech

ACTIVITIES IN Luxembourg, USA


ELEVATOR PITCH

BoardMaps enables executives to focus their meetings on driving critical initiativesand programs. It does this by :

! enabling better meeting preparation! keeping meetings focused on making decisions! linking the decisions to action items

PROBLEM SOLVEDMeetings inefficiency and cost. By keeping a matter in scope from the time it isfirst raised until subsequent actions have been completed, BoardMaps ensuresthat decisions are tied to results.

SOLUTION / TECHNOLOGY SaaS solution based on Microsoft .Net


By keeping a matter in scope from the time it is first raised until subsequentactions have been completed, BoardMaps ensures that decisions are tied toresults. This concept of a complete matter life cycle is unique to BoardMaps

MARKET SIZE Base case Total addressable Market: 158 Mio EUR

LHoFT’s Innovators Directory 2019 +'

Cfinance[ FINLAND ]

WEBSITE www.cfinance.com

TEAM

Mr Jarno Partanen, ChairmanMr Atte Suominen, Group CEOMr Henri Rouvinen, Group COO, Head of NordicsMr Nickolaus Karlson, Group CRO

FINTECH SECTOR Lending/ Payments

ACTIVITIES IN Finland, Sweden, Luxembourg


ELEVATOR PITCH

C Finance is an active Financial Technology company with a profitable financialtrack record with 35% CAGR. We have served over 350.000 customers in Swedenand Finland since 2005. We are committed to accelerate our growth by launching anew banking experience in existing and new markets in 2019.

Our strategic cornerstones are :a) strong organic growthb) expanding our offeringsc) international expansiond) growth through strategic partnerships.

PROBLEM SOLVEDWe are the first after primary bank. We are experts in lending money to customersby our own technology. Both consumers and SMEs value easy and superiorcustomer experience. We reduce the lead time of the whole customer process.


Fully automatized & digitalised processes. Customers value our easy, fast and high-quality customer experience in all our touch points. We have our own in-housedeveloped IT-system and state of the art scoring system.


We are the first online lending company in the Nordics. We have our own technology platform. Our approach is to collaborate with traditional banks and other serious players in financial industry. We are expanding our business to new services, products and markets in 2019.

LHoFT’s Innovators Directory 2019 +(

Code Club[ LUXEMBOURG ]

WEBSITE www.codeclub.lu

TEAMMr Claudio Mourato, PresidentMs Ingrid Zantis, SecretaryMr Marco D’Amico, TreasurerMr Patrick Welfringer, Project Manager

FINTECH SECTOR Digital Literacy



ELEVATOR PITCH Code Club is a not-for-profit association that helps a community of volunteers teach the basics of programming to 8-12 year old schoolchildren.

PROBLEM SOLVED Lack of digital literacy, in particular coding skills

SOLUTION / TECHNOLOGY Free after-school coding clubs for kids


! Fun! Free! First mover! Multilingual lessons and mentors

MARKET SIZE With enough volunteers, we could start a code club in each of the 100+ communes in Luxembourg.

LHoFT’s Innovators Directory 2019 !*

Cyberhedge[ USA ]

WEBSITE www.cyber-hedge.com

TEAM Mr Ryan Dodd, CEO/ FounderDr. Glenn Lawyer, Head of R&D

FINTECH SECTOR Cybersecurity/ Financial Services for Managing Information Technology Risk



ELEVATOR PITCH

If data, IT and software create enormous value for corporations, how comecompanies don’t report to their public shareholders how they are managing andprotecting their valuable “cyber” assets? They report every other major risk andasset (i.e. credit, financial, health and safety, manufacturing). Commercialorganizations need to measure risk in financial terms to rationally managepotential impacts on enterprise value. Cyberhedge is the only company able tomeasure the changing impact of cyber security risk on shareholder value.

PROBLEM SOLVED We help companies better measure, manage and communicate the value of theirdata and information technology assets, a critical source of shareholder value.


We use machine learning to analyse over 1,000 data points, covering technical,behavioural, and industry-specific features of a company, to produce a ranking oftheir cyber vulnerability. Our rankings are benchmarked against changes in marketcapitalization.


We have the only cyber risk management solution which can “speak CFO,” allowingcompany leadership to report cyber risk mitigation strategies to stakeholders.

MARKET SIZE Every global corporation above $50mn in revenue

LHoFT’s Innovators Directory 2019 !)

DomosFS[ UK ]

WEBSITE www.domosfs.com

TEAMMr Arnaud Vinciguerra, CEOMr Benoît Moulin, Sales ExecutiveMr Fanny Metz, Clients Services Manager

FINTECH SECTOR Fundtech/ Regtech/ Risktech/ ProptechACTIVITIES IN UK, Luxembourg


ELEVATOR PITCH DOMOS can help you reduce your operational expenses by 70% or grow yourbusiness by the same percentage.

PROBLEM SOLVED

! Risk management : no tools dedicated to PE / RE with a practical hands-on approach and the ability to perform stress testing & pre-investment analysis –DOMOS risk management offers these features.

! Data integration & structuration : no standards in the market and mostly paperdocuments converted in pdf or scanned – non digital. Data collection and formatting is time consuming. DOMOS Data strategy allows to automate this. Reporting : legal reporting is a constraint. DOMOS offers automation and to leverage on produced reports in order to provide added-value dashboards and reports to another audience: investors, CXOs, board…


DOMOS is a SaaS solution dedicated to alternative investment funds with aparticular focus on illiquid assets: Real-Estate, Private Equity, Infrastructure andDebt. Based on an online (Luxembourg hosted) database, we offer differentmodules:! Data strategy: allowing our clients to transfer operation burden and cost from

their team to DOMOS in an automated, controlled and secured way.! Portfolios: allowing to structure assets around dedicated ID cards, under

investment vehicles with their different layers, typically SPVs.! Transaction & process monitoring: based on state-of-the-art workflow

technology; this module allows to collaboratively follow-up on any investmentprocesses, combined with document management features.


Integrated solution, innovation & SaaSFocus on a niche market: Private Equity, Real-Estate, Debt & Infrastructure

MARKET SIZE + EUR 100 Mio

LHoFT’s Innovators Directory 2019 !+

Emergent Payments[ USA ]

WEBSITE www.emergenttechnology.com

TEAM Ms Rossini Zumwalt, Managing Director, Chief Payment OfficerMr Tim Davis, Managing Director, EMEA


ACTIVITIES IN Worldwide


ELEVATOR PITCH

GO FURTHER. GO LOCAL. The leading emerging markets payment provider.Emergent Payments is the pre-eminent payments provider for digital merchantsexpanding into high-growth markets.

The only company with full payments coverage in all major emerging regions - AsiaPacific, Latin America, Middle East and Africa.We deliver total solutions for large digital merchants in over 55 high-growthcountries.

With deep local market penetration and sophisticated FX, repatriation, tax andregulatory expertise, Emergent Payments offers an unparalleled market solutionand superior customer service.

We are proud of our technology. With a single integration, we give digitalmerchants access to hundreds of local payment methods around the world.


Emergent Payments: Payments provider delivering local payment methods andmarket expertise to global digital merchants expanding into emerging marketsthrough a single integration.


First-mover leveraging macro trends in e-commerce and remittance markets.

! The only company able to deliver local payment methods and local market expertise to global digital merchants across all emerging market regions

! Merchants access most preferred local payment methods through a single technology integration

! Additional superior feature set including intelligent routing and smart FX

Market Global B2B2C Payment Market - $1.7tn

!!LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 !"

EUROPY[ GERMANY ]

WEBSITE www.europyconsult.com

TEAM Mr Stephan F. Raab, CEOMr Ivan Florentin, CTO

FINTECH SECTOR FundTech, back-office



ELEVATOR PITCH

International distribution of increasingly heterogeneous investment fundproducts comes with seemingly endless, legislation specific, continuouslychanging, regulatory, fiscal and client-oriented reporting requirements. Europyprovides a distributed ledger-based platform for investment managers offeringcontrol on outsourced services, ensuring ownership of back-office informationand allowing for additional flexibility within the production process.

PROBLEM SOLVEDEuropy allows Investment managers to assume control as well as to flexiblyassign and scale tasks upon convenience. This opens completely new ways ofhandling administrative costs.


Europy uses an inhouse private cloud system with distributed ledger technologyoffering a new way to organize fund administration.


Europy brings together profound experience specifying solutions for back-officeof investment funds and technical expertise developing accounting systems anddistributed-ledger-based applications.

MARKET SIZE >100k regulated funds worldwide

LHoFT’s Innovators Directory 2019 !#

FUNDSQ[ LUXEMBOURG ]

WEBSITE www.fundsq.com

TEAM Mr David Kiener, CEO

FINTECH SECTOR RegTech / FundTech / RiskTech



ELEVATOR PITCH

FundsQ is a RegTech that markets an online platform to conduct Due Diligenceon delegated activities (Third Party Risk Management).Due Diligences on delegated activities is a regulatory obligation for financialinstitutions, including banks, investment firms, investment funds, insurancecompanies, etc.FundsQ has been designed to be a risk and decision analysis tool that simplifies,speeds up and industrialises the due Diligence process in order to meet theregulatory guidelines.

PROBLEM SOLVEDCurrently, the due diligence process is manual and redundant betweencompanies. Moreover, there is no standard and often no added-value for thedecision making.


FundsQ is an online platform based on a SaaS service designed to provide a fullspectrum of tools to assess your providers and delivers powerful technology,actionable analytics, an elegant user experience, unparalleled workflow andsystem configuration and data security.


FundsQ has been developed to meet the regulatory obligations, including:! the definition of your Risk Based Approach ("RBA")! a multi-year plan of due diligences! an extensive range of question types! the scoring of the due diligence answers! the written critical analysis of the observations made! the follow-up of the observations of previous due diligences! the formalisation of the validation/approval ! the monitoring all types of questions and providers.

MARKET SIZE The third party risk management market is expected to double from around $ 3billion in 2017 to 6 billion by 2022.

LHoFT’s Innovators Directory 2019 !$

Greenwich Dealing[ SWITZERLAND ]

WEBSITE www.greenwichdealing.ch

TEAM Mr Franck Chatillon, CEOMr Bertrand Mouchot-Chardin, Director & Conducting Officer

FINTECH SECTOR Securities Trade Lifecycle

ACTIVITIES IN Switzerland, USA, Luxembourg, Hong Kong


ELEVATOR PITCH

Greenwich Dealing offers an outsourced trading solution to provide Clients / Funds anaccess to Global Markets in a fully transparent process. Our experienced team is thereliable bridge between Institutional Investors and Global Financial Markets, providingsharp, transparent Execution Services for every Asset Class across the globe, relevantmarket intelligence and valuable advice on trade-related and technical issues. In addition,Greenwich Dealing will ensure the preparation of your MiFID II and EMIR reportings.

PROBLEM SOLVED

Access to global markets through investment banks, brokers, ECN’s and alternativeplatforms. Access to liquidity, competitive prices and access to primary markets (IPOs,ABOs and new issuers) even for investment firms that would not have the critical size.Cost effectiveness; time to market; cost synergiesPrevention and detection of market abuse (Article 16 of MAR)Obligation to execute orders on terms most favorable to the client (Articles 27-30 MIFIDII) Market transparency and integrity (Articles 31 to 32 MIFID II)Obligation to report transactions (Article 26 MIFIR, Article 9 EMIR)Inducements in relation to research (Article 13 MIFID II)


Front-to-back portfolio management solutions dedicated to professional needsDATA MANAGEMENT to centralize and automate the entire life cycle of data (integration,control, distribution, analysis)


Unique in Europe; innovative; know-how (experience); network; vision; client needAvoiding considerable infrastructure and personnel costs of an in-house deskConcentrating on Asset Management core businessBenefitting from expertise that Asset Managers do not have internally

MARKET SIZE

600 Asset Managers (85%) in France manage less than 1 bio !More than 100 investment firms and more than 600 chapter 15 and 16 managementcompanies in Luxembourg with needs to implement a response to regulation…2/3 of EU asset manager are potential targets

LHoFT’s Innovators Directory 2019 !%

Hacknowledge[ SWITZERLAND ]

WEBSITE www.hacknowledge.com

TEAM Mr Paul SUCH, CEOMs Barbara Terra, Sales Director Luxembourg

FINTECH SECTOR Cyber-Security

ACTIVITIES IN Switzerland & Luxembourg


2018

ELEVATOR PITCH

Hacknowledge is a Swiss-made security monitoring solution that will help youshorten the time between breach and detection. Our service is built on experienceand intelligence gained from more than a decade of penetration test and mitigatingadvanced threats. Our R&D is done in Luxembourg and Switzerland.

Searching the logs to find security issues is close to finding a needle in thehaystack. This is why we will leverage the use of your existing security devices andfortify your logs with strong indicators of compromise generated by our customsensors installed on your network. Finally, our experts will provide unique insightsthat machines lack. Before being sent to you, each alert is validated and analyzedby our security-experts who will also provide you with advices to help you mitigatethe threat.

Hacknowledge is a unique blend of logs correlation, Intrusion detection system,honeypots, vulnerability scanning, penetration test and much more…


PROBLEM SOLVED

HACKNOWLEDGE is a Managed Detection and Response (MDR) servicescompany. We monitor your network 24"7 and our expert security engineersdetect and respond to threats using our cutting-edge VISION CyberManagementTM solution. We are an extension of your team.

! Leverage the time between breach and detection! Help you qualify breaches and cyber-attacks! Focus on your business , let professional take care of your cyber-security

The average company is receiving +/- 25 alerts per day (from its existing securityand network devices) that they are not able to qualify and manage… It takes anaverage time of more than 3 month for a company to realise that it has beenhacked.


Custom built and developed solutionMade in Switzerland & LuxembourgOperated in Luxembourg (for Luxembourg customers)Including, among others :

! Managed SIEM! Intrusion detection system! Honeypot! Penetration testing! Vulnerability scanning! Prof advice


! Same company developing and running the solution -> full control of our solution

! Company funded by cyber-security experts with years of experience! Affordable solution, also for SME ! Local presence in Luxembourg and Switzerland

MARKET SIZEAll companies are concerned from SME to large corporationsSmaller customer today : 5 workstationsLargest customer: 16 000 workstations

!'LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 !(

HQLA[ LUXEMBOURG ]

WEBSITE www.hqla-x.com

TEAMMr Guido Stroemer, CEO - FounderMr Olly Benkert, ChairmanMr Nick Short, COOMr Rodney Jordan, IT Operations Manager

FINTECH SECTOR Blockchain, Securities Lending



ELEVATOR PITCH HQLA& is an innovative, new collateral lending solution that will improve collateralfluidity, enhance market transparency and promote financial stability.

PROBLEM SOLVED

The implementation of new bank regulations for liquidity, mandatory clearing, andmargin requirements for OTC derivatives have caused a significant increase indemand for High Quality Liquid Assets (HQLAs). As a result, there exists aheightened need for a marketplace to facilitate large scale, cost efficient collateraltransfers across the global financial eco-system.

SOLUTION/TECHNOLOGY

HQLA& provides improved collateral fluidity with an operating model that does notrequire securities to be moved across CSDs. A standardized and transparentmarketplace, where regulators are provided with a “Digital Collateral Record” (DCR)tracking view with reduced systemic risks related to ”fire sales” and “fire buys”.HQLA& uses Blockchain technology to exchange the legal-rights to “baskets” ofsecurities held in custody by a trusted third-party to facilitate efficient liquiditymanagement.

The solution comprises the following 3 layers:! Eurex Trading Platform Layer! R3 Corda Blockchain Distributed Ledger Technology Layer! Trusted Third-Party layer


! Founding members with many years of hands-on experience of liquidity management

! Collaboration with Deutsche Börse Group – leveraging existing Trading Platform/Collateral Management technology & knowledge

! Close product-development & validation collaboration with a core set of key financial institutions

! Close collaboration with R3 for support with the Corda Blockchain platform! Working with one of the most well established and very highly respected legal

firms in Luxembourg to ensure that all regulatory and licensing aspects are fully covered

! No similar services exist today in this specific collateral-lending domain

MARKET SIZE ! 10.8 trillion HQLA outstanding, as per more recent Basel III monitoring report by the Basel Committee of Bank Supervision (October 2018

"*LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 ")

Hydrogen[ USA ]

WEBSITE www.hydrogenplatform.com

TEAM Mr Mike Kane, CEOMr Matt Kane, CTO

FINTECH SECTOR Investing, Savings, InsurTech, Wellness, Blockchain

ACTIVITIES IN USA


ELEVATOR PITCH

Hydrogen is the global financial platform of the Web 3.0. The platform includescore infrastructure APIs ("Atom"), public blockchain products and protocols("Hydro"), an auto-machine learning library ("Ion"), and a design library (“Element”),all designed for developers & enterprises building financial applications in areassuch as savings, investing, and insurance.

PROBLEM SOLVED Our APIs cut the cost of building and running fintech applications by tens of millions of dollars, and the time to market by years.


There are typically three use cases - those that need digitization, those that have digitized but need product help, and those that need both. For the first use case, we have an entire API library of core infrastructure that instantly digitizes a financial services firm. For the second use case, we have product specific financial engineering APIs that can do complex analytics, calculations, and help to build product. For the third use case, a firm can first use the core infrastructure and over time phase in the engineering APIs.


The Hydrogen team have been leaders in fintech for nearly a decade. Our access to domain experts and talent allows for seamless implementations and growth. Hydrogen offers a modular and extendable APIs.

MARKET SIZE Our market includes global financial enterprises as well as startups and developers in fintech.

LHoFT’s Innovators Directory 2019 "+

Incert GIE[ LUXEMBOURG ]

WEBSITE www.incert.lu ; www.visogo.eu

TEAMMr Benoit Poletti, General DirectorMr Stan Beeks, Deputy General DirectorMr Sylvain Arts, Development & Strategy Director

FINTECH SECTOR! Cybersecurity! Trusted Infrastructure & Services! Identity authentication technology for KYC



ELEVATOR PITCH

INCERT GIE is a centre of expertise providing products and services based onknowledge and experience acquired in cryptography, PKI, eTravel documents andcyber security. INCERT is representing Luxembourg at internationalstandardisation committees within information security domains.

PROBLEM SOLVEDGive a trusted value to KYC processes by using advanced privacy by designtechnology to verify the authenticity of a person’s identity thanks to the reading ofthe electronic chip included in eIDs and ePassports.

SOLUTION / TECHNOLOGY VisoGo: www.visoGo.eu

LHoFT’s Innovators Directory 2019 "!

Infrachain[ LUXEMBOURG ]

WEBSITE www.infrachain.com

TEAM Mr Marco Houwen, Project LeadMr Tom Kettels, Project Manager

FINTECH SECTOR Blockchain

ACTIVITIES IN Europe


ELEVATOR PITCH

Infrachain provides private chain instances with 3rd party trust by creating a European network of independent node operators. Infrachain is the first Europeanblockchain community accepting an on top governance allowing blockchainapplications to become operational.

PROBLEM SOLVED Infrachain allows blockchain applications to use a compliant ready blockchain and hence to go operationl with their application now.

SOLUTION / TECHNOLOGY Blockchain technology agnostic

LHoFT’s Innovators Directory 2019 ""

Investsuite[ BELGIUM]

WEBSITE www.investsuite.eu

TEAM

Mr Bart Vanhaeren, CEOMr Laurent Sorber, CTOMr Chris Eichhorn, Business Development Mr Hederik Laloo, Growth managerMr Luk Verhelst, ICT managerMr Emmanual Wildiers, R&D manager

FINTECH SECTOR Wealthtech, Roboadvisory, Digital investment, trading platform

ACTIVITIES IN Belgium


ELEVATOR PITCHA B2B robo advisor with a ground-breaking algorithm and a true back end integration vision, built by 'bankers for bankers' and with a very strong design and machine learning team.

PROBLEM SOLVED With our product/service, banks can avoid making the !2-5 million capital expenditure to build a roboadvisory product inhouse.

SOLUTION / TECHNOLOGY B2B Roboadvisor & online trading platform as a service


! Innovative portfolio construction algorithm ! Our team has a track record in designing world-class & intuitive customer

journeys! Accurate profiling of retail clients as required by MIFID II! Know-how required to integrate with core banking systems

MARKET SIZE We focus on EU markets until 2019

LHoFT’s Innovators Directory 2019 "#

Label R[ BELGIUM ]

WEBSITE www.Label -r.org

TEAM Ms Oriane Schoonbroodt, Co-Founder and Executive Director

FINTECH SECTOR E-services/ AI



ELEVATOR PITCH

Label R is a Luxembourg based company providing a unique ESG and ethicalcertification and benchmarking for companies and funds. Our objective is toenhance companies’ and funds’ reputations, especially those active in sensitiveand emerging countries. Over the years, we have seen that ESG and ethicalstrategies have become critical for companies and funds, and we positionourselves as a trusted-partners to help them structure & implement their ESGstrategies and benchmark their ESG risks.

PROBLEM SOLVEDWe are the unique certification and benchmarking for private equity, real estateand infrastructure funds. We help investors assess and benchmark theeffectiveness of ESG process in investment strategies.


We create a platform to help our clients and auditors assess their ESG processes.In the near future, this platform will allow advanced analytics & semanticsextraction for automated benchmarking and audit process.

COMPETITIVE ADVANTAGE We are the first one on this market

MARKET SIZE All the private equity, real estate and infrastructure funds having operations insensitive and emerging zones.

LHoFT’s Innovators Directory 2019 "$

Licorne Capital [ LUXEMBOURG ]

WEBSITE www.licornecapital.com

TEAM Mr Patrick Dan Piller CEOMr Didier Dufraisse CIO

FINTECH SECTOR Robo-asset-manager, WealthTech



ELEVATOR PITCHThe first Robo-asset-manager designed for private portfolios that scans the world-wide financial markets to detect investment opportunities and provide positiveperformance whatever the global or local economic context.

PROBLEM SOLVED! Detection of rising or falling trends in any financial markets! Automation of the continuous adaptation to changing economic context and

of the search for investment opportunities.


! Cloud serverless solution.! Web-based customer interaction.! Big data and machine learning techniques.


During turbulent or bear markets, the target of traditional Robo-advisors is to limitthe potential losses through assets rebalancing. There is no will or ability tocapture return in bear market through an absolute return approach that is todayonly used by successful Hedge Funds. As an alternative to these Robo-advisors,Licorne will offer absolute return to their clients.

MARKET SIZE 63.5 trillion USD, savings hold by worldwide HNWI.

LHoFT’s Innovators Directory 2019 "%

WEBSITE www.techschool.lu

TEAM

Dr Sergio Coronado, Lead CoachMr Ralph Marschall, Lead CoachMs Anush Manukyan, Lead CoachDr Christophe Tréfois, Lead Coach

FINTECH SECTOR Fintech Education/ Big Data/ Artificial Intelligence



ELEVATOR PITCHLTS is a new extracurricular school concept to support the development of “Future Digital Leaders”. It is aimed at 15-19 years old students who are passionate about the digital realm and eager to learn and apply technology in a real business context.

PROBLEM SOLVED Offer a business and technology program to 15-19 years old high school students.


LTS has developed a unique teaching approach as a result of the many years of experience of its founding members. The approach is based on 5 principles:

! Project Based; students create their own output within a team.! Open Scope Selection; project subjects are proposed and selected by the

students! Hands-on from day 1 - Playground; crash courses first, “theory” discovery after! Business Included; it is not about coding, this is not a coding school, it is about

how to use technology to solve business needs/problems! Classroom Flipped 100%; “theory” is delivered in a discovery and engaging video

performing format

MARKET SIZE ~41.000 students

Luxembourg Tech School[ LUXEMBOURG ]

LHoFT’s Innovators Directory 2019 "'

Mash[ FINLAND ]

WEBSITE www.mash.com

TEAM

Mr James Hickson, Group CEOMr Jean-Marc Fandel, Group COOMr Gaëtan Van Wynsberghe, Group CFOMr Tomas Marty, Group Chief Sales OfficerMr Jérôme Dave, Group Head International BusinessMr Joachim von Schantz, Group CIOMr Juho Wallenius, Group CMO

FINTECH SECTOR Lending/ Payment

ACTIVITIES IN Finland, Luxembourg, Sweden, Poland, Spain

YEAR OF INCORPORATION 2007, as Euroloan Group Plc, rebranded as Mash Group Plc in February 2018

ELEVATOR PITCH

Mash is established in five European countries and its unique operational model isdesigned to deliver consumer finance and payment solutions instantaneously tocustomers at competitive prices. Mash is rapidly scaling across Europe utilizingadvanced proprietary algorithms, machine learning and true end-to-end automatedprocesses. Mash has been recognized as one of the fastest growing Fintechcompanies in Europe and was selected among 1800 peers to be part of the 2018FINTECH50.

PROBLEM SOLVED

The proprietary system has the ability to on-board and transact with clients atsignificantly reduced time and cost compared with traditional consumer lendingmodels. The Group has developed fully automated and scalable cloud-basedsolutions coupled with secure cross platform technology (ISO27001:2013-certified). Customers are on-boarded in real time and receive instantaneousautonomous credit, anti-money laundering (“AML”) and know your client (“KYC”)checks without ever having to visit a physical location. The automated creditassessment system uses 200 different data-points to instantly assess the creditrisk of clients and is able to consider 1,800 credit applications per minute, with anindividual decision delivered in under one second. The Group’s technology is bothscalable and highly stable (99.97% uptime).


Today, the Group has over 50,000 active customers and operates within two mainproduct categories:

B2C CONSUMER LENDING:! Revolving credit limits up to EUR 10,000. Launched in 2013! Branded consumer credit cards

B2B MERCHANT PAYMENT SOLUTIONS:! Pay by invoice solutions for e-commerce stores on a white label and branded

basis. Launched in 2017! Through an exclusive partnership with Verifone, the Group provides “pay-by-

invoice” solutions at the physical point of sale. This provides a low-cost customer acquisition channel for the Group and is expected to materially accelerate revenue growth. Launched in 2017


Mash is focused on offering differentiated services that drive customerengagement and life time customer value:

! High Customer Lifetime Value: Whilst most competitors focus on delivering single loan products, Mash’s credit revolver drives long-term retention as customers use the product to help manage their financial life. As a result, on a lifetime basis, the Group’s customer acquisition costs are low.

! Service Quality: Mash aims to deliver exceptional service, as shown by its 12 months NPS average score of 53 (Average score from March 2017 to February 2018).

! Speed: Unlike banks and many other fintech players, the Group’s autonomous automated systems enable instant credit decisions as well as the capacity to make funds available instantaneously.

! Advantaged Modes of Customer Acquisition: Mash’s partnership agreement with Verifone is unique as it provides a) low cost customer acquisition at point of sale, b) scale distribution with two million daily transactions completed on the Finnish network alone, and higher quality customers via the point of sale and e-commerce channel

MARKET SIZE Approx. 220 bn EUR in new consumer loans granted each year in the EU

"(LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 #*

Morfin[ LUXEMBOURG ]

WEBSITE www.morfin.io

TEAMMr Vlad Centea, Business & PartnershipsMr Paul Mijoiu, Operations & MarketingMr Ionut Negru, Product Development Lead

FINTECH SECTOR Payment/ Blockchain/ Digtial Assets



ELEVATOR PITCHBanking for the blockchain generation.Mobile p2p banking and digital assets morphing into one holistic solution throughcompliance and security leading the path to blockchain mass adoption.

PROBLEM SOLVED

Today most users of digital assets are kept outside the banking systems becausethe banks are not equipped to tackle compliance and technology necessary towork with public blockchains. Banks have to pass on many big opportunitiesrelated to digital assets and their customers though they would like to be involved.Morfin.io is bridging that gap by building a reliant bridge between the bankingworld and the world of digital assets by creating compliant interfaces between allactors in the blockchain space and regulated financial institutions.


Proprietary wallet solution for Ethereum and Bitcoin designed to comply with banking regulation.


The only banking grade wallet solution for management of digital assets.First (open) protocol for blockchain identities for the financial sector.

MARKET SIZE 200m users of digital assets and growing

LHoFT’s Innovators Directory 2019 #)

MyBucks[ SOUTH AFRICA ]

WEBSITE www.mybucks.com

TEAMMr Dave van Niekerk, CEO Mr Timothy Nuy, Deputy-CEOMr Sergey Gorchakov, Group Financial Controller Luxembourg

FINTECH SECTOR Lending / E-banking

ACTIVITIES IN Africa, Europe, Australia


ELEVATOR PITCH

MyBucks is a FinTech company based in Luxembourg that delivers seamlessfinancial services through technology. Through its brands GetBucks and GetSure, thecompany offers unsecured consumer loans, banking solutions and insuranceproducts to customers. MyBucks has experienced exponential growth since itsinception in 2011 and has operations in twelve African and two European countriesas well as in Australia. MyBucks aims to ensure that its product offering isaccessible, simple and trustworthy in comparison to traditional, non-technologicalmethods, ultimately working towards enhancing the benefits to the customer. TheMyBucks’ product offering enables customers to manage their financial affairs easilyand conveniently.

PROBLEM SOLVED Granting credit to individuals in emerging markets

SOLUTION / TECHNOLOGY Self-learning algorithms


! First mover on fintech in Africa! Adapting to a very challenging operational environment! Allows for applicability in most emerging markets globally

MARKET SIZE 1 billion people in Africa + 400 million smart phones in the next four years

LHoFT’s Innovators Directory 2019 #+

NewAmsterdamServices[ USA ]

WEBSITE www.NewAmsterdamAdvisory.com

TEAM

Mr Rob Philippa, partnerMr Dan Corn, partner Mr Benoit Caire, consultant Mr Peter Hoogweg, consultant

FINTECH SECTOR Financial services operations automation & optimization

ACTIVITIES IN US, Europe


ELEVATOR PITCHA hands-on team of experienced senior derivatives and securities operations experts to help financial service providers to optimize workflows, infrastructure and staffing needs by leveraging best-of-breed platforms and applications. Expanding the market of potential business opportunities from the Americas into Europe.

PROBLEM SOLVED

! Implementation of comprehensive technology platform for a major LatAminvestment bank.

! Process improvement and resource management for U.S. subsidiary of a European investment bank

SOLUTION / TECHNOLOGY Applying best-of-breed platform & optimization of operational workflows


Senior expertise, broad and deep network of industry contacts. We “come in, do the job and get out of your way”; no long-term contractual obligations but highly targeted, clearly defined transformation projects.

MARKET SIZE Europe: >$10MM/year in consulting/contract fees around operational automation, workflow design and improvement opportunities for mid-size financial services firms

LHoFT’s Innovators Directory 2019 #!

Numbrs[ SWITZERLAND ]

WEBSITE www.numbrs.com

TEAMMr Steven Brown, Luxembourg General Manager Mr Adrien Cominotto, Luxembourg Technical Director Mr Raphael Nanlal, Compliance Officer

FINTECH SECTOR Payments/ Banking

ACTIVITIES IN Luxembourg, Switzerland


ELEVATOR PITCH

Numbrs has developed a leading mobile banking app (the “Numbrs App”), withwhich users can take control of their finances without having to depend on theirbank. Numbrs aggregates bank accounts from over 3,500 banks, allowing its usersto maintain a clear overview of their finances, as well as initiating transactions.Currently, Numbrs users manage over 1.5 million bank accounts in Germany alone.The Numbrs App was ranked the #1 (non-bank) banking app for iOS and Android.Our independence from banks makes us a trusted and impartial partner andprovider for our users. The Numbrs group employs more than 130 people from allover the world and recently opened an office in Luxembourg.

PROBLEM SOLVED

The Numbrs App allows our users to manage their finances across various bankaccounts using one platform. Our focus is on neutrality, simplicity and security,and our platform was therefore designed solely with the user’s best interest atheart.

SOLUTION / TECHNOLOGY Mobile-Banking


Numbrs is a technology company, and not a bank, and as such we place our wholefocus on developing the best technology for our users.

LHoFT’s Innovators Directory 2019 #"

Peermountain[ LUXEMBOURG ]

WEBSITE www.peermountain.com

TEAMMr Jed Grant, CEOMr Dr. Markus Forster, CTOMr Joel Wealer, COO

FINTECH SECTOR Blockchain, Regtech, KYC/AML, Onboarding

ACTIVITIES IN US, Europe


ELEVATOR PITCH

Peer Mountain is a decentralized ecosystem for identity aggregation, trust andcompliance. PeerMountain rewards trustworthiness, encourages responsiblebehavior and automates compliance. Our Peer Chain technology has the scalabilityand reliability to bring blockchain based trust to real enterprise business cases,today.

PROBLEM SOLVED Establishment and record of trust for business transactions

SOLUTION / TECHNOLOGY Decentralized blockchain based ecosystem of trust


! Patent! Open ecosystem! Low cost, fast deployment

MARKET SIZE Consumer finance & insurance

LHoFT’s Innovators Directory 2019 ##

QCS[ RUSSIA]

WEBSITE www.linkedin.com/in/anna-it/

TEAM Ms Anna Protopopova, Co-Founder

FINTECH SECTOR Fintech/ Crypto/ Core IT Infrastucture



ELEVATOR PITCH

As Fintech enthusiast and technical natives, we have a deep understanding boththe fundamentals technologies and business environment of Distribution LedgerTechnologies. We bring together the technical team to help the differentcompanies to integrate distribution ledger technologies into their businesssolutions.

PROBLEM SOLVED Lack of understanding of technology and features of the blockchain economy

SOLUTION / TECHNOLOGY Blockchain


! Significant research and development ! Market expertise

MARKET SIZE 50 mln EUR

LHoFT’s Innovators Directory 2019 #$

Satispay[ ITALY ]

WEBSITE www.satispay.com

TEAMMr Samuele Pinta, COO Mr Alberto Dalmasso, CEO Mr Dario Brignone, CTO


ACTIVITIES IN Luxembourg, London, Italy


ELEVATOR PITCH

Creating a profile is as simple as downloading the Satispay app and signing upwith your personal ID and bank account IBAN. Once activated, the user then setsthe weekly balance that they wish to have available on the app. The Satispayaccount is topped up automatically every week, allowing users to top-up phonecredit, pay in affiliated stores (online and offline), pay public administrationservices, exchange money with friends and set aside small amounts of money.The service is completely free for consumers: no signup costs, top-up fees orcommissions for money transfers. There are no sign-up costs or monthly fees forbusinesses either. The sole charge for merchants is a fixed commission of 0.20 !which is only applicable to payments greater than 10 ! (all payments below 10 !are free). Due to its competitive prices and ease of use, Satispay was immediatelyrecognised as an efficient response to a concrete need, thus pushing itswidespread acceptance both among private users and businesses.

PROBLEM SOLVED Lowering the high commissions that are typical of the electronic payment sector.


Satispay is a new payment network allowing people to send money from asmartphone app that is simple, secure and independent from any specific bank orcredit/debit card network.


! Attractive offering & Growth Perspective! Independent mobile payment network that doesn’t rely on credit/debit cards! No costs for individuals and an extremely attractive pricing for merchants that

is ..significantly cheaper than credit/debit cards! Existing customer base of more than 48k merchants and more than 375k users,

growing at a constantly increasing rate! Efficient and ready to scale set-up! Amazon Web Service Hosting: no IT architectural limitation on scalability,

expandable at marginal cost! EBA CH Connection: permission to perform SEPA transactions on any

European bank account! E-money license & passporting! High barriers to entry in the market! Proprietary Payment Gateway connected to EBA clearing that guarantees

efficiency and access to any European bank account! Fully integrated with

! all Ingenico, PAX and Verifone POS;! 90% of the cash registers available on the Italian market (50% in the

European Market).! Major e-commerce carts (Magento, Prestashop, WooCommerce)! PagoPA (all Italian Public Administration payments),! Mobile operators active in Italy

! Active customer base! 80% retention rate over 12 months! Average of 6 transactions/month per active consumers vs. 2.8 transactions via

credit/debit cards (Italian Market)! ! 19 average transaction vs. ! 50 average transaction for debit/credit cards! User friendly for merchants through a wide range of channels: Payment

Terminals, Cash Registers, Desktop computers, Smartphones & Tablets

MARKET SIZE Currently: 357K consumersOur goal for 2019: 800K consumers

#%LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 #'

SIKOBA RESEARCH[ LUXEMBOURG ]

WEBSITE www.research.sikoba.com

TEAMMr Aleksander Kampa, DirectorMs Stéphane Vincent, CSOMr Guillaume Drevon, CTO

FINTECH SECTOR Distributed systems research



2018

ELEVATOR PITCH

Our purpose is to conduct fundamental and applied research in the areas ofcryptography, blockchain and distributed systems. The goal is not just to writeacademic papers and file patents, but also to develop software that can be usedby existing and future blockchain platforms.

PROBLEM SOLVEDOur main aim is to improve the privacy and performance of blockchainplatforms.


The first product under development is the Isekai verifiable computationsoftware ( https://github.com/sikoba/isekai)

COMPETITIVE ADVANTAGE A unique mix of research, IT and business experience.

LHoFT’s Innovators Directory 2019 #(

Stampify[ ESTONIA ]

WEBSITE www.stampify.me

TEAM Mr Guillaume de Vergnies, CEO Mr Bernard Legros, CTO

FINTECH SECTOR Fundtech, Regtech, Crypto & Blockchain

ACTIVITIES IN Luxembourg, Estonia


ELEVATOR PITCHStampify is an entrepreneurship-centric platform to tokenise capital increases. SMEs benefits from the dynamic corporate governance toolbox enhancing a fully digitised 1-to-1 shareholding relationship.

PROBLEM SOLVED SME equity investments are now accessible, more credible and by definition liquid without creating any shareholders administration burden.


The distributed ledger technologies track the auditability of corporate governance actions and register the equity tokenizations and transactions.


Stampify provides a unique 1-to-1 connection linking companies with their shareholders while providing automation for legal interactions.

MARKET SIZE EUR 100+ billion in 2017 (PE, VC, BA, CE)Source : European Investment Fund

LHoFT’s Innovators Directory 2019 $*

Stokr[ GERMANY ]

WEBSITE www.stokr.io

TEAMMr Tobias Seidl, Co-founder and project leadMr Arnab Naskar, Co-founder and business developmentMr Lukas Cremer, CTO

FINTECH SECTOR Investment, Crowdfunding, Regtech

ACTIVITIES IN Luxembourg, Germany


ELEVATOR PITCHWe’re an accessible and easy to use peer-to-peer investment platformconnecting retail investors and business founders to finance forward-thinkingideas and a share of future profits.

PROBLEM SOLVED Only 1% of small and medium sized business (SMEs) in Europe have access tocapital markets. Retail investors do not have access to investments in SMEs.


STOKR provides an interface in the form of a crowd investing platform which isbuilt on the blockchain to create independent access to new capital markets.Through EU-compliant security token offerings (STOs), everyday investors candirectly fund innovative start-ups and SMEs in return for a share of the venture’sfuture profits.


STOKR provides a direct link between retail investors and SMEs through theissuance of transferable security tokens. STOKR combines the elements oftokenisation, community and education on its platform.

MARKET SIZE 1,5 trillion EUR

LHoFT’s Innovators Directory 2019 $)

Tetrao[ LUXEMBOURG ]

WEBSITE www.tetrao.eu

TEAM Mr Christian Gillot, Founder & CEO

FINTECH SECTOR Regtech/ Fundtech/ AI

ACTIVITIES IN Luxembourg, France, Spain


ELEVATOR PITCH

Every day, millions of people process manually the same kind of documentationproduced by thousands of different actors. It is slow, expensive and cannot scale.Tetrao has developped an artificial intelligence, uniquely capable to reliably automatethose processes. We are already making a difference for our customers, live forbusiness onboarding and funds documentation.

PROBLEM SOLVEDAutomation of complex processes involving documents written for humans, especially about businesses (f.i. by laws, business register extract) and fundsdocumentations (f.i. KIID, PRIIPS, Annual reports, Prospectus, etc).


Proprietary Adaptative Artificial Intelligence capable to take control of an Internet browser like a human being and process PDF and Web documentation.


Our automation technology is the only one on the market that simulates the humanbehavior so that it can reliably automate processes by being insensitive to technicaland layout modifications in websites and PDF documents.

MARKET SIZE 120 billion USD by 2020

LHoFT’s Innovators Directory 2019 $+

Tokeny[ LUXEMBOURG ]

WEBSITE www.tokeny.com

TEAMMr Luc Falempin , CEO Mr Daniel Coheur, Chief Strategy OfficerMr Michael Barrell, Chief Marketing Officer

FINTECH SECTOR Fintech / Fundtech / Cryptocurrency / Blockchain



ELEVATOR PITCH

Tokeny is the most trusted tokenization platform.The Luxembourg based fintech connects empowered investors with disruptive companies for running successful, secure and sustainable ICOs. The end-to-end platform allows its clients to digitize any assets by issuing compliant and tradable security or utility tokens.

PROBLEM SOLVED Tokeny brings liquidity, trust, transparency and massive cost savings to the process of corporate fundraising.


The solution leverages distributed ledger technologies to manage the tokens issuance and lifecycle, and enables the subsequent transactions between issuers and contributors.


Tokeny is the only company dedicated to providing a secure end-to-end platform that allowing the sale and management of tokens during and after an ICO or STO.

MARKET SIZE US$84.9 trillion of Assets under management in 2016. US$111.2 trillion by 2020 (Source PwC)

LHoFT’s Innovators Directory 2019 $!

TUSPARK Technology Investment Europe[ CHINA ]

WEBSITE www.tusholdings.com

TEAMMr Lin Lei, Managing DirectorMr Daniel Wang, General ManagerMr James - Yiqi LIU, Intl. & Financial Affairs

FINTECH SECTOR

Payment/ Fundtech/ Cryptocurrency/ Insurtech, …We are a subsidiary of Tus S&T Group with strong interest in fintech sector and technologies such as: financial big data, big data credit, consumer finance, network pay, network lending, online investment, Internet insurance, block chain, crowd funding, supply chain finance etc.

ACTIVITIES IN Worldwide except in South-America


ELEVATOR PITCH

Tus-S&T is a large technology investment and service group affiliated withTsinghua University, China. We manage a total AUM over US 5 billion. It is the controlling shareholder or shareholder of a number listed public companies and more than 300 private companies. It has invested and operates over 80 incubators/accelerators hosting more than 5000 start-ups in China and overseasto promote innovation. Tus-S&T inherits the capability of a full supply-chainincubation established by Tus-Holdings with the model of “incubation + investment+ M&As”.

PROBLEM SOLVED Global solutions for innovation and early growth of small entrepreneurship who isdeveloping business with advanced technologies but lack of funding.


Our listed public companies and more than 300 private companies who have leading technologies in various fields to collaborate with European partners with innovative technologies.


We have experiences of operating with over 80 incubators and over 300 companiesin China and overseas with various technologies. We have top human resourcesand outstanding Alumnis worldwide and at home of the Tsinghua University whichis considered No. 35th globally by The Times Higher Education World UniversityRankings 2016-2017.

LHoFT’s Innovators Directory 2019 $"

ume[ LUXEMBOURG ]

WEBSITE www.ume.solutions

TEAM Mr Laurent Denayer, CEOMr Oleksiy Shostak, CTO

FINTECH SECTOR Regtech

ACTIVITIES IN Luxembourg, France, Switzerland, UK


ELEVATOR PITCH

ume (‘you-me’) has been designed to respond to the asset management industrydemands for an effective automated framework for the due diligence of funddistributors. ume standardizes and mutualizes the due diligence process whichresult in a win-win solution for fund distributors and management companies.

PROBLEM SOLVED

Management companies are performing the due diligence on their funddistributors using their own questionnaire (DDQ). Fund distributors need toanswer multiple questionnaires that in essence are trying to capture the sameinformation. This process is still very manual and consumes a lot of resources,particularly in the collection of information. Management companies have apartial view of their distributors (iceberg view). Management companies at thesame time have difficulties to find new distributors.


! Streamline due diligence exercise via a mutualized and standardized DDQ! Use of data analytics! Access to overall population of participating distributors (Trip Advisor like

solution)

COMPETITIVE ADVANTAGE Unique technology + team experience and knowledge of the fund industry

MARKET SIZEManagement companies distributing funds on a cross-border basis (mainlylocated in Luxembourg and Ireland)Estimated costs dedicated on due diligence of fund distributors: EUR 250 million

LHoFT’s Innovators Directory 2019 $#

VNX[ RUSSIA ]

WEBSITE www.vnx.io

TEAMMr Alexander Tkachenko, CEOMr Vladimir Khanumyan, ChairmanMr Dominique Valschaerts, Member of the Board


ACTIVITIES IN Europe, Russia, Asia


ELEVATOR PITCH

VNX Exchange is building the first European digital marketplace aimed at bringingliquidity to the $620 billion global venture capital industry. Tokenizing theinvestment portfolios of VC firms and startup accelerators will open them up fortrading in a secure and investor-friendly environment. VNX plans to solve theventure capital industry’s liquidity problem that results in capital being locked in.This, in turn, will stimulate an influx of new capital into technology, innovation, andentrepreneurship.

PROBLEM SOLVED

Venture capital plays a vital role in supporting innovations and entrepreneurshipand is one of the most attractive investment classes. Yet, the majority ofinstitutional and 'main street' investors are not able to invest due to limitations ofexpertise and capital requirements as well as a long capital lock up (average timeto liquidity is 10 years). These barriers stall the development of the VC industry,forcing venture investors to focus on less riskier later stage deals, while raising thebar and reducing support for early stage startups. VNX is building a marketplace tobring together VC funds and investors from all over the world to solve VC industryliquidity problem.


Tokenization as an instrument enables investors to get access to future proceedsfrom the exits in investment portfolios of VC funds and startup accelerators. Bytokenizing their investments and making them tradeable on a liquid secondarymarket, VC fund managers will be able to significantly reduce the capital locked upfor their existing investors (limited partners) and attract a much broader investorbase.


! An industry leading team with proven track record in building and running multi-billion dollar public companies

! Support in Luxembourg in development of a new blockchain infrastructure project

! Working with the top legal and “Big 4” audit firms to ensure full regulatory compliance within the EU and Luxembourg

! Strong international technology team enhanced by industry leading partnerships, such as with the University of Luxembourg’s SnT Center – one of the top European blockchain research labs

! Strong relationships with top EU-based crypto exchanges

MARKET SIZE $620 billion global venture capital industry

$$LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 $%

Yapip[ SYRIA ]

WEBSITE www.yapip.com

TEAM Mr Saleem Najjar, CEOMr Rami Alattar, Stock Market AnalystMr Emad Aljaghasi, CTO

FINTECH SECTOR Investment

ACTIVITIES IN Luxembourg, Syria


ELEVATOR PITCH Yapip enables investors and traders to maximize their profit and avoid losing money in the stocks and currencies trading market through sharing.

PROBLEM SOLVED

95% of traders lose their capital while trying to make profit, it helps traders and investors to be part of the 5% who win in this market.

Also, average trader can analyse up to 20 charts a day, while Yapip can analyse thousands of charts and stocks a day.


An algorithm that keeps analysing hundreds of trading charts of markets around the world in order to share the best opportunities.At some point, the algorithm will start learning from the winning and losing opportunities/signals.


! Personalization: Each signal is different as it takes into consideration the single trader conditions.

! Auto-investing: As the recommendations and signals can be applied on auto-pilot mode without the need of trader interfering.

MARKET SIZE 10 millions investors and traders in the MENA region.

PART 2

FELLOW MEMBERS

LHoFT’s Innovators Directory 2019 $(

Aevum Technologies[ LUXEMBOURG]

WEBSITE www.aevumtech.com

TEAMMr Jonathan AriasMr Nicholas BahrichMr Adam Jozefiak


ACTIVITIES IN UK, Luxembourg


ELEVATOR PITCH

Counterfeit of goods results in the loss of billions of euros per year. An importanteffected group corresponds to firms dealing in luxury items, critical structuralcomponents and pharmaceuticals. In addition to the effected firms, their insurersand customers are also impacted. Aevum Technologies has developed innovativeirremovable and irreproducible label-signatures permitting absolute objectauthentication, fulfilling current market needs. This solution is provided by Aevum’sproprietary, patent pending, authentication technologies.

PROBLEM SOLVEDProviding absolute authenticity of physical items. Additionally, encodinginformation into physical authentication technology for smart provenance of itemssuch as, insured works of art, and critical goods like pharmaceuticals and steel.


Providing absolute authenticity with a combination of cutting edge techniquesincluding nanotechnology, DNA sequencing and microtechnology; underpinned byproprietary algorithms and a cloud based client platform.

COMPETITIVE ADVANTAGE Aevum Technologies has a portfolio of patents

LHoFT’s Innovators Directory 2019 %*

aixigo[ GERMANY ]

WEBSITE www.aixigo.de api.aixigo.com

TEAMMr Michael Decker, Sales ManagerMr Mario Alves, Head of Sales & Partner ManagementMr Tabea Preiss, Sales Marketing & Communication

FINTECH SECTOR Digital Wealth Management Technology

ACTIVITIES IN GermanyYEAR OF

INCORPORATION 1999

ELEVATOR PITCH

aixigo is about technology for personal investment since 1999. We believe thisbusiness is facing a crucial change. Due to fierce regulation and rapidly evolvingcustomer expectations the highly attractive personal investment business is duefor a revolution through digitalization. Game changing institutions will industrializethe manufactural wealth management turning it into a combination of personalexcellence & digital intelligence with a 1:1 product-to-customer individuality.

aixigo delivers the infrastructure, a high performance portfolio management andadvisory set of APIs, capable of handling millions of customers in millisecondsusing transaction based technology, such as customer profiling, composing,monitoring, rebalancing, ordering and reporting of an individual portfolio.These APIs can be used in multichannel architectures to serve mobile customersas well as branch customers.

PROBLEM SOLVEDSolving requirements concerning the request-respond time of all services within theportfolio management to extreme low latency (milliseconds).


API based digital wealth management infrastructure


aixigo has the fastest digital wealth management infrastructure on the marketoffering state of the art flexibility, scalability and high performance technology

MARKET SIZE Market leader Germany, Austria, Switzerland, launched internationalization toBENELUX, France & UK

LHoFT’s Innovators Directory 2019 %)

Akiba Digital[ SOUTH AFRICA]

WEBSITE www.akibadigital.com

TEAM Ms Tebogo Mokwena, CTO, Co-founderMr Kamogelo Kekana, COO, Co-founder

FINTECH SECTOR Personal Finance / Financial Education

ACTIVITIES IN South Africa


ELEVATOR PITCH

For the young, tech-savvy millennial who is struggling to save or save effectively,Akiba is a mobile app that makes it easy and effective to save using behavioral andalternative data. Akiba's mission is to ensure that every one of our customers has arainy day fund and with our savings app being the starting point, Akiba's vision is tobe the first data-driven marketplace for financial services, in Africa. We believe our10X value proposition to our users includes incentivised positive savingsbehaviours, personalised financial literacy, goal setting, behavioural coaching,accountability all in a fun and quirky gamified experience.

PROBLEM SOLVED

! Lack of financial literacy amongst millennials/young people ! Complex financial language! Inconvenient channels to access financial products! Lack of, non-effective goal-setting tools! Lack of positive reinforcement in respect to financial goals set

SOLUTION / TECHNOLOGYA data-driven marketplace that offers a gamified experience that combines financialbehavioural coaching, a rewards program, goal-setting & visualisation to makesavings and general financial goals more effective, powered by an AI bot.


AI powered financial coaching integrated with a gamified application thatempowers users to put learnings into practice whilst collating financial behaviouraldata which allows for live peer2peer financial (spending & savings) comparisonsand richer insights for better financial product personalisation.

MARKET SIZE 6.7 million [South Africa]

LHoFT’s Innovators Directory 2019 %+

Algoreg[ LUXEMBOURG]

WEBSITE www.algoreg.com

TEAM Mr Jean-Pierre Bitton, Co-founder and Chief Sales OfficerMr Mathis Ries, Head of Marketing


ACTIVITIES IN LuxembourgYEAR OF

INCORPORATION 2017

ELEVATOR PITCH

On-board 100% of your customers in a fully automated fashion and in full compliance with the regulations. Our state-of-the-art suite of products offers a cutting-edge user experience wherever your customers are and whenever they want, and decrease the operational costs of traditional onboarding. The digital transformation of customer journey is our DNA.

PROBLEM SOLVED

! Reduce churn rate ! Reduce time of customer on-boarding! Decrease operational costs of on-boarding! Improve customer UX during on-boarding! Be compliant with all sets of regulations


Video and photo on-boarding; risk scoring and name screening (AML, KYC, PEP, CTF…).


algoreg is the only regtech company offering a seamless, 24-7 and multilingual suite of on-boarding products. End to end, fully customisable and in full compliance with all sets of regulations. algoreg is also planning to be licensed soon by the CSSF.

MARKET SIZE EUROPEAN MARKET: 2bn EUR GLOBAL MARKET: 8bn USD Source: PwC - 2017

LHoFT’s Innovators Directory 2019 %!

Alto.fund[ LUXEMBOURG ]

WEBSITE www.alto.fund

TEAM Mr Yoann Jagoury, CEO & Founder




ELEVATOR PITCH

The fund industry is crumbling under a pile of written documents (prospectuses, kiid, statements, transaction tickets, agreements…). Alto’s APAAS allows industryparticipants to simply send their PDFs documents to a solution that takes care of extracting relevant information and understanding it. APAAS API responds withinseconds with the relevant information in the chosen structured format and provides references for each fact extracted to trace the source and double check if needed. We look for industry actors who have great business cases to replace time spent reading documents by automated information and knowledge collection. Our solution can be offered in white labelling.

PROBLEM SOLVED! On-board new clients and keep data from 3rd parties updated by providing

structured access to data that is only available in written form! Work with unstructured data as if it was structured data.


APAAS uses state of the art solutions including Natural Language Processing in addition to the knowledge of the fund industry to create actionable knowledge for fund industry participants.


Knowledge of the Fund industrySince 2013 we have proven our ability to deliver solutions used daily by fundindustry actors including deploying machine learning algorithm in banks.We have developed a state of the art tool box for natural language understanding.

MARKET SIZEAsset Managers & Fund Service Providers employ around 20000 people in Luxembourg alone and thousands more in Europe from which most work withunstructured fund documents.

LHoFT’s Innovators Directory 2019 %"

ANote Music[ LUXEMBOURG]

WEBSITE www.anotemusic.com

TEAMMr Matteo Cernuschi, CEOMr Marzio Flavio Schena, CFOMr Grégoire Mathonet, CTO

FINTECH SECTOR Fundtech (exotic stock exchange)



ELEVATOR PITCH

ANote Music is a stock exchange for music ownership rights. It enables high-net worth individuals and established record labels to diversify their investment portfolio using our new asset class whose performance is uncorrelated from the rest of the market.

PROBLEM SOLVEDANote wants to make a completely closed market transparent while allowing people to diversify their investment portfolio, therefore reducing the risk for all the actors.


The core product of ANote is the stock exchange platform, as a scalable cloudarchitecture. A private blockchain help every big actor trust all stakeholders.


For the sellers: we are the only place where music shareholders can liquidate their assets.For the buyers: we are the only place that provides direct exposure to this asset class in a non-locking way.

MARKET SIZE

The music industry royalties generated 27 bn! last year, amongst which 13bn were generated in Europe. We expect to get 5% market share of Europe over the next three years.

LHoFT’s Innovators Directory 2019 %#

Apentis[ LUXEMBOURG]

WEBSITE www.apentis.com

TEAM Mr Audric Debaisieux, Founder and partnerMr Thibault Mahiat, Partner

FINTECH SECTOR Regtech / Wealthtech



ELEVATOR PITCH

Apentis is developing Risk Quadrant, a modern cloud-based portfolio managementsystem for asset managers. It is hosted in a PSF environment with DRP included.This solution has been designed considering that the processes of work of anyasset manager today should be led by risk management, compliance, andproductivity. Automation is key to process in real time large amount of data subjectto many limits and to minimize operational mistakes

PROBLEM SOLVED UCITS / AIFMD / MIFID2 / PRIIPS / AML / GDPR compliance for any EU assetmanagers


Risk Quadrant is a modern SaaS portfolio management system for asset managers.It is hosted in a PSF environment with DRP included. We develop it in PostgreSQL /Play Framework (Java) / AngularJS (Javascript).

COMPETITIVE ADVANTAGE SaaS model + risk and compliance expertise driving the solution development

MARKET SIZE Thousands of wealth managers / asset managers in EU

LHoFT’s Innovators Directory 2019 %$

Arteïa[ BELGIUM ]

WEBSITE www.arteia.com

TEAM Mr Philippe Gellman, CEOMr Olivier Marian, CSO

FINTECH SECTOR Arttech/ Blockchain/ CryptocurrencyACTIVITIES IN Belgium


ELEVATOR PITCH

Arteïa’s aim is to be the first comprehensive, advanced technology platform, set toempower collectors in the management of their art collection. It aims to seriouslydisrupt the opaque world of art trading and price setting by addressing existingneeds, such as cataloguing and reporting to strengthen collection’s fundamentals(‘house in order’), before introducing dynamic functionalities not available tocollectors yet, such as predictive pricing & peer-to-peer trading based onblockchain technology. Arteïa is embedding state-of-the-art infrastructure,technology and methodologies such as blockchain, digital DNA, data science andAI.

PROBLEM SOLVED

Arteïa solves several problems inherent to the traditional art market: it fights theftand counterfeiting through keeping a secure provenance record of artworks; fightsinformation asymmetries by removing the need to use costly intermediaries; andbrings liquidity to a market which desperately lacks it through peer-to-peer trading.


Arteïa's solution is an integrated platform serving all the needs of actors in the artmarket. By combining a cloud-based collection management with blockchainservices of provenance and peer-to-peer trading, Arteïa brings a cutting-edgesolution to the market. These technologies are further enhanced using ArtificialIntelligence, Big Data, and micro-targeting approach to interests and profilematching to provide the highest level of services to art lovers and art professionals


Independence: built by collectors for collectors, with no ties with auction housesand commercial galleries! Security: each user has their own database, with the cloud located in the

jurisdiction of their choice. Furthermore, there is the option to opt for an offline server.

! Integration: unlike the competition, the platform brings together all the art players and solutions in one place, thus ensuring its sustainability.

! Customised: the platform architecture offers highly flexible solutions such as user permissions, reporting suite and elected data sharing.

MARKET SIZE

The Total Addressable Market for art collection management SaaS is estimated to be worth:! BtC: 5.5 bn !! BtB: 1.0 bn !

%%LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 %'

Assurbox[ LUXEMBOURG]

WEBSITE www.assurbox.net

TEAM Mr Samuel Beauvois, CEOMr Bertrand Deroanne, CTO




ELEVATOR PITCH

AssurBox is a platform aiming to standardize the communication betweeninsurance back-offices and insurances’ partners; The solution digitalizes andnormalize existing administrative processes behind the very specific insurancemarket, starting with the "green card request to insurers" process.

PROBLEM SOLVED ! No standard way to communicate with insurances in Luxembourg! No insurance Api. Underwriting back-offices are dealing with messy requests


AssurBox provides the insurance companies with APIs and a web application, sotheir partners can communicate with them in a structured and normalized way.


! Knowledge of the insurance industry! Integration in partner’s information systems! Can be used without integration as well! Technical and UX oriented team

MARKET SIZE Specific industry: 5 non-life insurance companies in Luxembourg.

LHoFT’s Innovators Directory 2019 %(

Behave![ FRANCE]

WEBSITE www.behavesfi.com

TEAM Mr Alexandre Colin, CEOMr Noël Henrot, CTO

FINTECH SECTOR Asset Management



ELEVATOR PITCHGenerate Alpha in a Smart Beta world. One stop web platform to build and backtestadvanced factor models, using machine learning and point in time financial databases

PROBLEM SOLVED Focus on alpha generation: forget about coding and data feed issues. Budget is no longer a problem

SOLUTION / TECHNOLOGY SAAS, SQL, Cloud, Machine Learning

COMPETITIVE ADVANTAGE GUI, Integration, Prive

MARKET SIZE EUR 300 Mln, Niche market targeting 20 %

RELEVANT LINKS www.behavesfi.com

LHoFT’s Innovators Directory 2019 '*

Blanco Services[ THE NETHERLANDS]

WEBSITE www.blanco.services

TEAM

Mr Joost Walgemoed, CEOMs Bernadette Wijnings, CFOMr Dennis Overbeeke, CTOMr Rob Verheul, COOMr Koen Vanderhoydonk, CEO Benelux

FINTECH SECTOR Regtech/ WealthtechACTIVITIES IN Netherlands


ELEVATOR PITCH

At blanco everything is about you. Our cloud-based technology and deep knowledge of the asset management business will help you to become better, more efficient versions of yourselves. We started our business in 2015 and have since built a strong team of experts that have helped our clients to grow. By silently working in the background we have become our clients’ invisible power behind their success.

PROBLEM SOLVED

Legal pressure and ever-increasing costs for proprietary systems have drastically decreased margins in the asset management industry. Blanco’s innovative services relief asset managers and investment firms of their legal, operational, controlling and IT operations, so they can once again focus all their time on managing their clients.


State of the art SaaS technology that drastically atomizes onboarding, KYC & AML procedures and client lifecycle management. Cloud-based Securities Administration.


Turn-key, component-based technology so clients pay only for what they use or the whole suite. The latter will digitize their entire wealth management business (Wealth Manager out-of-the-box).

MARKET SIZE 17k investment firm in Europe6500 banks in Europe

LHoFT’s Innovators Directory 2019 ')

Blockpulse[ FRANCE ]

WEBSITE https://blockpulse.eu

TEAM

Mr Marien Irzykiewicz, CEOMr Thibaut Ingelaere, COOMr Alexandre Boulinguez, CSOMr Sylvain Laurent, CTOMr Guillaume Treboit, CMO

FINTECH SECTOR Crypto-assets crowdfunding

ACTIVITIES IN France


ELEVATOR PITCH

Blockpulse a French company is launching the first ICO/STO Platform in France tobring more transparency, security and information on the primary crypto market.For the selected projects aiming to organize a token sale, we handle the KYC/AMLprocess, provide both fiat (EUR/USD/GBP) and crypto (ETH/BTC) paymentchannels and a community of both professional and retail investors. For investors,we simplify and secure investment into crypto projects through the creation of adedicated fiat and crypto wallet, an exclusive escrow process but also provideexclusive independent research pre and post ico.

PROBLEM SOLVED

Between equity crowdfunding and IPO, launching an ICO rises technical, legal andmarketing challenges.,Reaching a community of investors, whitelist the personswho invest and provide a fluid process for investing is key in the success of anICO. For investors, we simplify and secure investment into crypto projectsthrough the creation of a dedicated fiat and crypto wallet, an exclusive escrowprocess but also provide exclusive independent research pre and post ICO.


1) Create a single market with the best projects supported by operationaldiligence and independent research.2) Provide a better user experience, integrated KYC / AML, multiple paymentchannels (fiat and crypto), GDPR framework.3) Attract new investors by proposing a smart escrow system and a partnershipprogram: repayment option, distribution of funds to project holders and tokens toinvestors under the ICOs memorandum, KPIs and points critics of the projectroadmap.


First mover in France

MARKET SIZE ICO market is in quick expansion (22B$ in 2017-18), Market is evolving fast and

bboth investors and projects are facing many new challenges.

LHoFT’s Innovators Directory 2019 '+

BMA Risk[ FRANCE]

WEBSITE www.bmarisk.com

TEAM Mr Norddine Bennani, Co-founder, Managing DirectorMr Dominique Marchal, Co-founder, Managing Director

FINTECH SECTOR Regtech/ RisktechACTIVITIES IN France, Luxembourg


ELEVATOR PITCH

BMA is an independent advisory services and technology company specialized inquantitative risk management. BMA brings together the expertise of its quantitativeanalysts team and its IT development capacity for the benefit of Investment Banks,Alternative Investment Funds (AIFs) and Asset Managers in Luxembourg, Paris andLondon.

PROBLEM SOLVED

Integrated risk management solutions covering all alternative asset classes,including hedge funds, private equity, real estate, infrastructure and private debt.BMA platform for risk management and regulatory risks represents a simple andcost-effective solution allowing AIFs to outsource risk management support andregulatory reporting: seamless and cost-free set-up, scalable reporting solutions,cutting edge modelling, etc


BMA Risk Management Solutions develops and deploys its own platforms toprovide a complete set of risk management and regulatory services to its clients.Two platforms are currently deployed:! PortfolioAnalytics, a web platform available as a SaaS for Real Assets (Private

Equity, Real Estate, Infrastructure, etc.) performance and risk analysis;! BMAnalytics, a dedicated risk analytics and regulatory risk platform covering

valuation, risk management and regulatory requirements for UCITS and AIFs.Portfolio Analytics has been shortlisted for the Funds Europe Awards 2014(European New Comer & Innovator of the Year). BMAnalytics for PRIIPS has beenshortlisted for the Funds Europe Awards 2017 (European New Comer & Innovatorof the Year).


Integrated risk management and regulatory solutions combining innovativesoftware solutions and independent advisory services. “One-stop shop” approachensuring efficiency and cost reduction for AIFs.

MARKET SIZEAsset Management Companies, Fund Management Companies, Investment Banksand Financial Institutions. Based in Luxembourg, Paris and London.

LHoFT’s Innovators Directory 2019 '!

BitPesa[ KENYA]

WEBSITE www.bitpesa.co

TEAM

Ms Elizabeth Rossiello, CEO Ms Charlene Chen, COO Mr Adam Gouveia, CFO Mr Dearg Obartuin, CTO

FINTECH SECTOR Payments / FX / Treasury

ACTIVITIES IN Kenya, Nigeria, Senegal, Uganda, Tanzania, Democratic Republic of the Congo, Luxembourg, UK


ELEVATOR PITCH

BitPesa is a foreign exchange and treasury solution platform. We buy and sellfrontier market currencies and facilitate instant settlement across a basket of globalcurrencies to enable B2B and B2C payments. We use both fiat and digital currenciesto settle between our own subsidiaries and external network partners around theworld. We have the fastest, cheapest, and most efficient infrastructure available tomake business payments to, from and within Africa.

PROBLEM SOLVED High fees, delayed/lost transfer and inefficient paper-based processes for cross-border B2B payment into/from/within Africa

SOLUTION / TECHNOLOGY Blockchain Technology


Policy / Regulatory! Licensed by UK Financial Conduct Authority (FCA) as an Authorised Payment

Institution! Member of Central Bank of Nigeria’s (CBN) Virtual Currency Committee and

drafted regulation on new digital payment for CBNProduct Innovation! First company to settle bitcoin to mobile money in the world in 2013! First African digital currency company to make a market directly between

EUR/GBP and African currencies! First African lending product using digital currencyGrowth! Processed more than 120,000 transactions! Volume traded of more than $60Mn with 25% month over month growth rate! On-boarded a Fortune 50 multinational and several large-scale global companies

to buy/sell African currencies on BitPesa platform


Fundraising! Raised total $10Mn equity funding up to Aug. 2017! One of only companies to have investments from every major blockchain

investment fund! Secured global investors such as Greycroft VC Draper Associates, Digital

Currency Group, Pantera Capital, Plug & Play, Blockchain Capital, Zephyr Accorn, BitFury

Media Exposure! Featured by Forbes, Fortune, The Wall Street Journal, BBC, Global Trade Review! Listed as “Companies to Inspire Africa” by the London Stock Exchange ! Mentioned as a case study in Citi & PwC industry reports

MARKET SIZE Remittance Market in Middle East & Africa - $80 + Billion

'"LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 '#

bitFlyer EUROPE[ JAPAN ]

WEBSITE www.bitflyer.com

TEAM

Mr Rikiya Masuda, CFOMr Andy Bryant, COO Ms Yana Afanasieva, CCO

FINTECH SECTOR Cryptocurrency / Blockchain

ACTIVITIES IN Japan, USA, San Francisco, LuxembourgYEAR OF

INCORPORATION 2017 (2014 for Japan HQ)

ELEVATOR PITCH

bitFlyer is the world’s largest Bitcoin exchange (by volume). Their virtual currencyexchange and marketplace provide customers with convenient and exciting ways to buy, sell and spend bitcoins and other cryptocurrencies. Their mission is to makethe world simpler through blockchain.

PROBLEM SOLVED

In an increasingly connected world, the financial system lags behind. Banking isslow, expensive, and inaccessible for most. Payments require intermediaries and legacy infrastructure. Shopping online still requires sharing personal information with multiple different companies, many of which are getting hacked.


Bitcoin offers an alternative way. It is a peer-to-peer, decentralized virtual currencythat is borderless, stateless, permissionless, and open to everyone. The blockchaintechnology that underpins it has been heralded as one of the most important innovations of our generation, bringing an innovative system of disintermediatedrecord keeping to a whole range of industries. bitFlyer helps make bitcoin and othercryptocurrencies more accessible by allowing our customers to purchase and store it using a safe, secure and regulated platform.


We provide a reliable, user-friendly and regulated exchange platform and offercutting-edge blockchain solutions such as “Miyabi”. World-class investors includingSMBC Venture Capital, Mizuho Capital, Mitsubishi UFJ Capital, Dentsu Digital Holdings and SBI Investment have understood our potential and are supporting ourglobal expansion.

MARKET SIZE $100 billion worldwide (MarketWatch, June 2017)

LHoFT’s Innovators Directory 2019 '$

Budget Insight[ FRANCE]

WEBSITE www.budget-insight.com

TEAM Mr Romain Bignon, CEO - Co-FounderMr Clément Coeurdeuil, CEO - Co-Founder


ACTIVITIES IN Financial data aggregation (bank, wealth, bill and bank transfer), API Management and PSD2 compliance.


In France: 2012In Luxembourg: March 2017

ELEVATOR PITCH "We provide tools to the finance and banking sector, to offer to their ownconsumers a digital, smart and unique experience managing their finances"

PROBLEM SOLVED

! for Banks: better final customer experience, PSD2 compliance, API management to plug as many fintechs services as needed

! for Family Offices: a better vision of their clients wealth and better advisorysolution

! for Accountants: full vision of bills in a click, no need to wait for the paperversions anymore.

! for Insurance: no need to wait the bank statement (all information can beaggregated through the API)


! Bank API: aggregate more than 300 banks in only one place! Bill API: aggregate 200 suppliers’ invoices! Wealth API: we retrieve the ISIN code of life insurances, trading accounts,

saving plans, and many others.! Budgea Pay API: Payment initiation and all recipients are mutualised.! API Management: you can interconnect the best fintech services to your

interface in the easiest way through our API Management.! PSD2 API: expose your data in a PSD2 compliant way with our PSD2 API.


! 300 bank connectors around Europe.! Only financial aggregator that aggregate data through API in Luxembourg.! Specialized in B2B field.! TPP and PSD2 compliant.


! 300 bank connectors around Europe.! Only financial aggregator that aggregate data through API in Luxembourg! Specialized in B2B field! TPP and PSD2 compliant

MARKET SIZE All kind of financial establishments, from startups to great companies

RELEVANT LINKS https://www.budget-insight.comBudgea iPhoneBudgea Android

'%LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 ''

CDDS Luxembourg[ LUXEMBOURG ]

WEBSITE www.cdds.eu | www.cdds.lu

TEAM

Mr Philippe Lassine, CEO Mr Philippe Jeanbaptiste, Executive DirectorMs Acia Baghdadi, Sales & Marketing DirectorMr Guy Albrecht, Director, Head of Compliance & Client Services


ACTIVITIES IN Luxembourg, Switzerland, Malta, Cyprus, Singapore, Mauritius


ELEVATOR PITCH

CDDS provides anti-money laundering (AML) and ‘Know Your Client’ (KYC) softwareand solutions to a wide variety of businesses subject to AML/CFT regulation. Weare a team of former professionals from the areas of compliance, audit,domiciliation, IT and information security. We accompany our clients at every stageof their Due Diligence Process. We currently service more than 500 companiessubject to anti-money laundering and counter-terrorist financing (AML/CFT)regulations.

PROBLEM SOLVED AML/KYC obligations and compliance workflow


! AMLspotter! BatchNameCheck! AML Risk API


! Solutions tailored for each business industry! A wide range of solutions adapted to small and medium sized companies

MARKET SIZE Companies worldwide in countries subject to FATF AML recommendations

LHoFT’s Innovators Directory 2019 '(

Compellio[ LUXEMBOURG]

WEBSITE www.compell.io

TEAM Mr Denis Avrilionis, PhD | CEO & FounderMr Theofilos Papasternos | Business Project Manager

FINTECH SECTOR Regtech/ Legtech/ Fund Management/ BankingYEAR OF

INCORPORATION 2013


ELEVATOR PITCH

Compellio is a software company that develops enterprise applications for privatecompanies and public organisations.Compellio solutions include cloud platforms for digital asset transaction management on the blockchain as well as corporate innovation management.Compellio’s latest product is the Compellio Registry, a blockchain-enabled digital asset certification platform that enables organisations to easily protect assets and process transactions in a GDPR-compliant and highly secure online environment.

PROBLEM SOLVED

Using the latest in blockchain technology Compellio Registry creates permanent, non-forgeable records of digital content on all major public blockchains. WithCompellio Registry organisations are able to: ! Protect IP, sensitive business data, easy-to-forge documents and contracts! Prove ownership and existence of physical, digital and intellectual assets! Facilitate independent verification of data and business records globally! Certify receipt of information and monitor data integrity in real time


Compellio Registry is an out-of-the-box solution that can be easily plugged inexisting enterprise systems via a standard REST API while its versatile technologycan be deployed quickly and adopted effectively to any domain.

! Key Benefits:

· Mitigate compliance, documentation and litigation risks· Accelerate audit, due diligence, forensics and e-discovery· Increase security and accountability across the organisation· Reduce costs for data processing and IT integration


! Production-ready technology! Unlimited scalability! Zero blockchain infrastructure cost! Direct integration with third party providers! Does not require a crypto wallet nor has any dependency on crypto currencies

MARKET SIZE

The Global Blockchain Technology Market is poised to grow at a CAGR of around62.1% over the next decade to reach approximately $16.3 billion by 2025.The global total spent annually on regulatory compliance technology will rise from $50 billion in 2015 to $118 billion in 2020.

(*LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 ()

ComplianceWise[ THE NETHERLANDS ]

WEBSITE www.compliance-wise.com

TEAM Mr Jeroen Cremer, Commercial Director

FINTECH SECTOR Regtech/ Payments

ACTIVITIES IN The Netherlands/ Luxembourg


ELEVATOR PITCH

Integrity is Easy. ComplianceWise helps financial institutions to act AML compliantin an easy way. We do this by delivering a KYC and Transaction Monitoringapplication. Safe, cost effective and Compliant (not only for now but also in thefuture!).

PROBLEM SOLVED

In a continuously changing legal environment it is very hard for financials to actcompliant within budgets. ComplianceWise offers IT solutions to Financials toimprove their compliance poces by using the latest technologies. By working in thisway it is easier to act compliant and safe cost.


SaaS solutions

! KYC application: All employees within the organization will be guided by the software in fulfilling their regulatory compliance activities. Having all relevant KYC data within one platform makes it possible to create insights on any givenmoment for all stakeholders including the supervisor. Reporting is a matter of one push on the button. Transaction Monitoring application: All transactions of the financial clients will be monitored (using data analytics) and logged in the application. Suspicious transactions will be flagged in the application and needto be followed up by the staff. All transaction data will be logged in the application and can be made visible on any given moment. Reporting is a matterof one push on the button.

! We are the first and only company who are delivering a complete solution where we integrate compliance (Client and Transaction profiles) and finance in one platform. This will create a more efficient way of working between the Compliance department and the Financial departmernt and will lower the risk of non compliancy.


Multi Bank payment engine: We have developed a multi bank payment engine whereall transactions can be prepared and send to any bank via the SWIFT network. Noneed to log in on each online banking system of the different banks but just use oneplatform: Safe, efficient and less risks!


! In depth compliance knowledge. Started in The Netherlands with strongsupervision. Leveraging this advantage to expand to other jurisdictions

! Integration of compliance and finance in one application! Worldwide partner of SWIFT! Pragmatic solutions which benefits Financials directly without much - training! User friendly interface! Pricing model: pay per usage

MARKET SIZE Financials acting under the AML directive / Worldwide

(+LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 (!

WEBSITE b2b.crosslend.com

TEAM Mr Oliver Schimek, CEO & FounderMr Alex Lawrence, Managing Director - Luxembourg

FINTECH SECTOR Lending, InvestmentCOUNTRY OF

ACTIVITY Germany, Luxembourg

YEAR OF INCORPORATION 2014 | 2017

ELEVATOR PITCH

CrossLend is a digital marketplace with a CSSF-licensed securitisation setup. Our setup enables the fast, cost-efficient, customised creation, selling and purchase of transparent loan-backed bonds for investors in search of attractive investmentopportunities and originators looking to scale their lending business.

PROBLEM SOLVED

Despite massive liquidity programmes and zero-to-negative interest rates, the eurozone’s real economy remains underfunded. Meanwhile, regulation and imperfect capital markets prevent large pools of institutional capital from flowingeffectively across Europe’s borders. Our solution is a unique securitisationstructure that turns loans into tradable instruments in a fast, flexible and cost-efficient way, even down to a single-loan basis. The result? Investors are able to build diversified portfolios of loans, via bonds, at a pan-European level, withcomplete risk transparency. Originators profit from flexible opportunities to scaletheir lending business, while simultaneously relieving their balance sheet and maintaining customer relations. Borrowers across Europe benefit from originators’ increased lending capabilities and flexibility.


Automated, agile and scalable process. Blockchain technology is our next business phase.


! Seamless, real time! Forward flow solution without warehousing costs! Issued bonds each have an ISIN are fully cleared with a look-through,

pass-through structure! Cross-border tradability! No tranching! Fully operational platform! CSSF-licensed setup

MARKET SIZE European monetary financial institution loans, !10 tn (mainly Germany,Spain, France, Italy, Netherlands as of July 2017), !4 tn unserved

CrossLend[ GERMANY ]

LHoFT’s Innovators Directory 2019 ("

Cygnetise[ UNITED KINGDOM ]

WEBSITE www.cygnetise.com

TEAMMr Steve Pombret, CEOMr Alex Walton, COOMr Damian Bell, Business Development Director


ACTIVITIES IN EnglandYEAR OF

INCORPORATION 2016

ELEVATOR PITCHCygnetise offers firms a digital platform to create, maintain and distributeauthorised signatory lists, providing far better risk oversight, corporate governanceand audit to their current paper based processes.

PROBLEM SOLVED

The administrative burden of recreating paper/pdf signature lists, which is timeconsuming and can be open to fraud if not accurately maintained.

Clients who use our platform enjoy up to a 90% reduction in the time spentcompiling and distributing authorised signatory lists as well as real-time updates totheir counterparts with whom they share their lists.


A private, permissioned blockchain built using Ethereum


It is a decentralised database, allowing peer to peer sharing of information safelyand securely without the need for a central administrator.

MARKET SIZECygnetise can be used in any sector and geography.Any firm that needs to manage an authorised signatory list of its personnel can usethe platform.

LHoFT’s Innovators Directory 2019 (#

Duco[ UNITED KINGDOM ]

WEBSITE https://du.co/

TEAMMr Christian Nentwich, CEOMr Michael Marconi, CTO Mr Vincent Him, Business Development Director – Luxembourg

FINTECH SECTOR Data Management and Transformation, Reconciliation

ACTIVITIES IN UK, Luxembourg, USA


ELEVATOR PITCH

Duco Cube compares any type of data in minutes. No more spreadsheets,proprietary systems or legacy technology.! A new approach: Existing reconciliation systems are slow, unwieldy and often

built for a specific purpose. Duco Cube is fast, web-enabled and data-agnostic. We use intelligent technology to remove IT dependencies, transforming the operating model of your firm.

! Putting users in charge: Duco Cube offers unrivalled usability. End users and subject matter experts can load data, compare it and find issues fast, withouthandovers or technology projects. No more roadblocks or complexity on the way to control.

PROBLEM SOLVED

Duco Cube can address any type of data comparison / normalization /transformation problems. For example:

- Spreadsheet and macros replacement- Back office control (cash and securities reconciliations)- Streamlining regulatory reporting (MiFID2, EMIR)- System migration and testing- Total equity reconciliation- Fees and commissions reconciliation


Duco Cube is a SaaS-based platform that’s live in 24 hours from contract signature. Client data is hosted either in the UK or in a Luxemburgish PSF.


Compared to traditional reconciliation methods, Duco Cube enables businesses toact with far greater agility, while reducing costs and controlling risk. Our success isbased on three key differentiators:! Pure self-service. Duco Cube is the only solution in the market that truly

empowers end users - no matter how technical - to set up and manage reconciliations on their own from scratch. We use smart, proprietary technologyto enable users to upload data quickly, match fields using a point/click interface, then write matching rules in English sentences using our unique “Natural Rule” language.

(COMPETITIVE ADVANTAGE)

Users can then run reconciliations and get fast results even with low qualitydata. According to Aite Group, the average industry time to set up areconciliation is 64.4 days. With Duco Cube it’s 2.4 hours.

! Available on demand. Duco Cube is a SaaS platform - there’s no installation, hardware or maintenance required. We pledge that all new clients will be live in 24 hours, with results in 7 days and tangible business value in 30 days.

! Data agnostic. Traditional reconciliation systems are built with a specificfunction in mind, usually cash or stock reconciliation, and struggle to deal with diverse, complex, highly-variable data. Duco Cube was built to be data agnostic. It has no predefined schema, meaning users can upload their data “as is” and the system will learn its structure. This gives it broad applicabilityacross all data challenges.

MARKET SIZE

Financial Industry worldwide :! Buy side! Sell side! Brokers! Service providers (administrators, exchanges, other fintechs, payment firms,

etc.)

($LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 (%

Earthlab[ LUXEMBOURG]

WEBSITE Earthlab Luxembourg

TEAM Mr Benjamin Hourte, Chief Technical Officer




ELEVATOR PITCH

Insurers drive their artificial intelligence transformation and we are their co-pilotthanks to our Max-ICS platform.

We combine remote sensing data and computer vision techniques to generateanalytics that can be used in the whole insurance value chain.We co-create Artificial Intelligence models with our early adopters:! For underwriting: use of imagery datasets to automate the detection structural

elements of buildings for past claims explanation ! For pricing: integrate derivated metrics into a vulnerability model for ratemaking

and accumulation control! For claims: use change detection pre/post disasters from different image

sources for a first claim triage

PROBLEM SOLVED

Insurance companies are confronted with multiple risks for which interlinedconsequences are underestimated due to existing models’ imprecision and the lackof knowledge in the usable data. Combining Big Data, Artificial Intelligence andgeospatial data into one end-to-end platform will reduce the uncertainty andimprove their operational results. Basically, we believe that the current accelerationof the digitalization will require platforms that will give the keys to the end usersand that can cover multiple business lines into companies. The innovation is todeliver such multi layers platform instead of having multiple vertical single tools.We are helping our customers to leverage all the value they can extract from theirdata giving them the intellectual property of the models they will create into ourplatform. With this approach, Max-ICS will act as a firewall to disruption effects forP&C Insurance companies and allow them to imagine new digital products for theirinsured subscribers in the different portfolios.


The most innovative are related to Artificial Intelligence: Machine Learning, DeepLearning and Computer Vision

The main technologies and tools we use are:

! Big Data like Storage: Cassandra, Hadoop HDFS, Apache Hbase, ElasticSearch! Computing and processing: Mesos, Marathon, Chronos, Nvidia Cuda, OpenCL,

RabbitMQ! Different computing platforms: on-premises, EarthLab Luxembourg private

farm, Amazon Web Services, Microsoft Azure! Automatic Provisioning and Continous Deployment: Jenkins, GitLab,

PuppetLabs, ForemanMachine Learning, Deep Learning, Computer Vision: TensorFlow, Keras, mxnet, , pytorch, onnx, Microsoft CNTK, Scikit Learn, Gluon, Nvidia CUDA


We come with four competitive advantages thanks to our platform:! Automate the creation of new data sources by converting images into evidence

in risk management ! All A.I tools and techniques into one single roof! Integrate A.I into the whole insurance value chain without expose critical data

into the cloud thanks to our hybrid architecture! Easy return on investments calculation thanks to intellectual property given to

our customers on A.I models they create on our platform

MARKET SIZE

Total available market: !1.200Bn (TOTAL EUROPEAN INSURANCE COMPANIESPREMIUMS); Serviceable market: !976Bn (TOTAL EUROPEAN INSURANCEBENEFITS AND CLAIMS PAID); Target market : !222bn (TOTAL EUROPEANINSURANCE COMPANIES NON-LIFE CLAIMS PAID) ; Value Creation targeted:!222m per year by reducing by 0,1% the global cost of the claims

('LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 ((

EmpCorp[ LUXEMBOURG]

WEBSITE EMPcorp

TEAM

Mr Gilles MORO, CEO & FounderMr Hervé ARNOULD, CFO & Co-Founder Mr Franck PILAREK, Fraud manager & Co-FounderMs Marine KIEFFER, Head of marketing

FINTECH SECTOR Payment, Cryptocurrency



ELEVATOR PITCH

Our VISION: For the next 10 yearsNo more CASH, No more plastic cards, No more POS device ! just an E-wallet +mobile. We offer omni-channel and agnostic payment solutions! EMPcorp is anambitious FinTech start-up with a broad experience in finance, that combinesinnovative payment solutions all user experience oriented. The core business isbased on e-wallet and e-money. Our target are e-merchants looking for a bespokesolution. Our company's talent secret sauce to success is to mix senior managersand junior payment technology experts to create the future of payment. Our maintarget is to propose the fast, simple, secure ways to pay such as: different prepaidcards programs, a successful payment acquisition platform, and a mobile virtualPOS.

PROBLEM SOLVED

Since its creation we have the common will to push EMPcorp as pioneer andvisionary in the payment field. EMPcorp team always wants to be one step ahead ofcompetitors and remain at the forefront of innovation. All have the greatsatisfaction and pride to have imagined, developed, and designed innovativepayment solutions. We are constantly searching solutions to answer e-merchants


Problems we are trying to solve are to facilitate customers’ purchasing decision, optimize card acceptance and increase conversion rate.

From our prepaid card programs and acquisition platform is also born a state-of-the-art e-commerce ewallet. Thanks to a customized acquisition journey, merchants and customers discover a new and easier payment environment.

USPs: Put innovation at the heart of our omnichannel and bespoke solution, while keeping the best user experience as a priority.


Innovation is our guideline! We work closer with our partners to know their needs and expectations. This

collaboration helps us to understand market changes, merchant’s challenges and anticipate their needs to develop the suitable payment solution.

Experts on niche payment markets ! We propose innovative solutions, entirely customizable and configurable in order to

offer partners a full liberty in the way their manage their business.

Improve merchants conversion rate ! We help merchants to improve conversion rate and rise profitability thanks to a

bespoke customer journey and a unique payment experience.

Safety comes first! We shall pay particular attention to maintain a high level of control for each product

thanks to our compliance service and our new technical tools.! We have developed an easy and secure authentication platform allowing partners to

secure their back offices accesses.

A Start-up spirit, but a long-time experience

MARKET SIZE Small and Medium international E-commerce websites, marketplaces and retailers looking for a dedicated and customized acquisition ewallet with many paying and payoutsolutions. We operate in a global market.

)**LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 )*)

FFYN[ FRANCE]

WEBSITE Ffyn.co

TEAMMr Richard Jones, CEO Ms Stephanie Griffiths, CMOMr Rodrigo Eliseu, CTO

FINTECH SECTOR Funds

ACTIVITIES IN France, Luxembourg


ELEVATOR PITCHFfyn connects Funds Professionals with their funds, with people behind thefunds and with new opportunities. We are building a central business place wherefunds professionals interact efficiently thanks to AI and innovative user experience.

PROBLEM SOLVEDFfyn helps Professional Investors answer instantly the question “Why do Ikeep investing in this fund” by providing updated, centralised quantitative &qualitative information, anywhere/anytime.

SOLUTION / TECHNOLOGY AI to collect and organise relevant fund information.


! Up to date and reliable funds info thanks to AI;! The first central business place providing investors’ feedback to Asset

Managers;! Collaboration & Co design with key players in the industry – we are already in

Beta with BNP Paribas Wealth Management, Cardif, Maif, Robeco, Axa, and Allianz….

! A complementary team with strong fund, digital and entrepreneurial expertise! A motivated Board & supportive chairman

MARKET SIZE Global AuM is worth $79.2 Trillion

LHoFT’s Innovators Directory 2019 )*+

Finologee[ LUXEMBOURG]

WEBSITE www.finologee.com

TEAMMr Raoul Mulheims, Co-Founder, CEOMr Jonathan Prince, Co-Founder, CSO Mr Georges Berscheid, Co-Founder, CTO

FINTECH SECTOR KYC, Payments, Marketplace



ELEVATOR PITCHBuilding Europe’s prime FinTech building blocks platform, where institutions andstart-ups source components, distribute APIs and assemble digital financialproducts. Own KYC, Payments (PSD2 & SDD) and messaging products.

PROBLEM SOLVED

We act as a catalyst for FinTech distribution: operating under a Luxembourgfinancial industry provider licence (Support PFS), we certify, assemble anddistribute FinTech building blocks and make them compliant for easy integration byregulated players.


Full stack API Gateway and business process management platform, withauthentication and authorisation layers, hosted by Clearstream.


Team of founders that has built Mpulse (National SMS payments & routingplatform) and Digicash (Luxembourg bank’s mobile payment scheme). We combinetechnological excellence and high performance with a vast expertise in financialindustry regulation and compliance, FinTech business and partnership models anduser experience design.

MARKET SIZEB2B/financial industry in Europe

LHoFT’s Innovators Directory 2019 )*!

Four One Financial Services[ UGANDA]

WEBSITE www.mayicard.co

TEAMMr Livingstone Mukasa, Chief Executive Officer/Co-FounderMs Martha Najjuma Sebunya, Chief Financial OfficerMr Lukyamuzi Nicholas, Business & Technology Manager.

FINTECH SECTOR Micro Social Security Platform (Micro Pension and Health Tech)

ACTIVITIES IN Uganda


2016

ELEVATOR PITCHFour One Financial Services innovates around issues of social security likeretirement savings and affordable health insurance to help people sustaineconomic progress.

PROBLEM SOLVED

The Informal sector in many developing has little or no access to social security forthings like access to a retirement account or affordable health insurance. InCountries like only less than 20% of the people has access to a pension fund andonly 1% has medical insurance. Four One is working to solve this challenge.


We provide a licensed and regulated retirement fund called Mazima RetirementPlan where members can save as a little as a dollar any time they want. We alsoprovide affordable medical insurance through unbundling pricy premiums andallowing members to save for health. We do all this on our proprietary micro socialsecurity platform called Mayicard.


We understand the informal economy because we are part of it. We understand therole of technology in leapfrogging legacy systems and we are agile allowing us toexperiment quickly and offer the best solution to our users.

MARKET SIZE

In the next decade or so there will be more than a billion people in the developingworld needing access to better social security systems which includes long termsavings , health, access to decent housing and education financing. Four OneFinancial Services is angling to be the global leader in serving this emergingdemographic.

LHoFT’s Innovators Directory 2019 )*"

WEBSITE www.fundsquare.net

TEAMMr Olivier Portenseigne, Managing DirectorMr Maxime Aerts, COOMr Paolo Brignardello, Head of Product Management and Marketing

FINTECH SECTOR Regtech / Fund Distribution



ELEVATOR PITCHWe launched FundsDLT, an international platform connecting transfer agentsactivities, payment systems and investors by using DLT technologies and smartcontracts. We intend to dramatically improve efficiencies in the fund transaction.

PROBLEM SOLVED Distribution of Investment funds made easy

SOLUTION / TECHNOLOGY Blockchain based platform for fund distribution


! Leading market infrastructure in the first EU centre for Investment Funds! Well recognized RegTech company

RELEVANT LINKS www.fundsDLT.net

Fundsquare[ LUXEMBOURG ]

LHoFT’s Innovators Directory 2019 )*#

Governance.com[ LUXEMBOURG ]

WEBSITE www.governance.com

TEAMMr Bert Boerman, CEO & Co-FounderMr Rob Boerman, CTO & Co-FounderMr Olus Kayacan, Business development Director


ACTIVITIES IN Luxembourg, The NetherlandsYEAR OF

INCORPORATION 2011

ELEVATOR PITCH

Our mission is to enhance internal governance for regulated companies. We makeit easy to collect and connect large volumes of data, documents and controls. Webelieve that good governance only happens when you have access to all relevantinformation with proper processes in place to ensure good decisions.Governance.com brings both the technology and the support services to make thishappen.

PROBLEM SOLVED Data overload and lack of transparency


A cross-platform flexible technology that collects and connects all information inthe organisation. The system can be deployed on-premise or in the cloud, and hasa completely flexible dataset. This ensures that the system adapts to theorganisation, while making it extremely simple to manage processes. A whitelabelled client portal further allows for online collaboration on data, documents,meetings, decisions and du diligence.


A powerful system solution that has been built with simplicity in mind, by hidingcomplexity from end users. The result is maximum adoption in the organisation.Supported by a global network of operational and regulatory support partners.

MARKET SIZE

! Global RegTech spending market: USD 80 Billion per year! Global spending on regulatory compliance: USD 1 Trillion per year! Global IT Spending: USD 2.3 Trillion per year

LHoFT’s Innovators Directory 2019 )*$

Hexalina[ LUXEMBOURG ]

WEBSITE www.hexalina.io

TEAM Mr Pascal AERENS, Co-Founder & DirectorMr Francis CHLARIE, Co-Founder & Director

FINTECH SECTOR Cryptocurrency

ACTIVITIES IN Luxembourg, France


ELEVATOR PITCHOffering operations, reputation, valuation and governance services to sharing economy platforms, implemented on the Ethereum blockchain and packaged as APIs.

PROBLEM SOLVED Removing the complexity of implementing a platform using the blockchain (usingapplication-specific tokens)


Set of simple REST APIs for platforms to callhttp://hexalina.io/xfair-high-res.jpg


Unique mathematical models for robust reputation management (Reputation-as-a-Service) and platform goodwill valuation.

MARKET SIZE Cooperative Platforms in Europe generated !3,6Bn revenue in 2015 (out of !28Bn total transactions value)

LHoFT’s Innovators Directory 2019 )*%

WEBSITE www.highwavecapital.com

TEAM Mr David Furcajg, CEOMr Thomas Van Der Biest, CTO

FINTECH SECTOR Robo-Advisory



ELEVATOR PITCH

HighWave Capital develops a 100% behavioral Robo-Advisor and our targets arebanks, insurance companies, asset managers and financial advisors associations.We tailor made our solution according to any kind of specifications. We are able toimplement our application faster than any financial institutions’ IT departments andmain competitors at a costless price.Our application outperforms the financial markets and enhance end-user riskprofiling assessment: we have implemented a disruptive approach of financialmarkets using Behavioral Finance.HighWave Capital is one of the rare Robo-Advisor that provides tools to asses GreenFinancial asset impacts.

PROBLEM SOLVED

Financial institutions such as bank or insurance companies are digitizing their offerand Robo-Advisors are a part of it. Developing this product from scratch and offer itto their end clients quickly is impossible: it takes a lot of time and burning cash toconduct research and develop a performing and user friendly application. HighWaveCapital solves that problems and delivers a fast and costless solution.


We have develop an IT structure that enables us to tailor made our applicationfaster and at a low cost compare to in-house solutions and competitors.Our fully modular solution is ready to use from back to front end. Conversationalagent included for the first time in a Robo-Advisor! And creation of a behavioralfinance Robo-Advisor from end-user onboarding to asset allocation.


Apart from a ready to use IT structure (a strong competitive advantage), we haveconducted a huge research regarding the way to implement behavioral finance inour Robo Advisor.And the result is performance: our investor profiling is scientific and leads tothousands of profiles, while our asset allocation out-performs benchmarks.We are the only 100% behavioral Robo-Advisor across the world.

MARKET SIZE Robo-Advisors will manage as much as USD 8000bn by a 2020 and 70% of financialinstitutions are willing to implement a Robo-Advisor by a few year

HighWave Capital[ FRANCE ]

LHoFT’s Innovators Directory 2019 )*'

Humaniq[ UK ]

WEBSITE www.humaniq.com

TEAMMr Alex Fork, Founder & CEO Mr Javed Khattak, CFOMr Hazem Danny Al-Nakib, CIO

FINTECH SECTOR Payments/ Fundtech / CryptocurrencyCOUNTRY OF

ACTIVITY Luxembourg, UK, USA, Africa.


ELEVATOR PITCH

Financial inclusion of the 3.5 billion unbanked and underbanked by use of latesttechnologies including blockchain and biometric technology on low end mobiledevices. We offer a 4th generation mobile bank that aims to provide financialservices eradicating poverty globally while supporting new businesses furtherenabling innovation.

PROBLEM SOLVED

Financial inclusion of the underbanked and unbanked by use of blockchain andbiometric technology on low end mobile devices, offering a 4th gen mobile bank.Now will provide access to financial services for these people in such regions withno access to banks or financial services and/or to ID documents (due to corruption,bureaucracy, etc leading to lengthy, expensive processes).

SOLUTION / TECHNOLOGY Blockchain, Biometric


One of the early ICOs with a brand name already established, the idea of financialinclusion by use of this technology was initially brought by Humaniq (now copied bymany others) but we are one of the first to market, if not the first in this space, withactual implementation, on the ground local partners to help market penetration, appwith 20,000 downloads already

MARKET SIZE 3.5 billion people globally

LHoFT’s Innovators Directory 2019 )*(

iCompare Global[ LUXEMBOURG ]

WEBSITE www.icompare.lu

TEAMMr Jamie Eltorkey, CEO & Co-FounderMr Aliyu Mamman, COO & Co-FounderMr James Dwyer, CCO & Co-Founder


ACTIVITIES IN Luxembourg, Belgium, UKYEAR OF

INCORPORATION 2015

ELEVATOR PITCH

Clients are looking to feel empowered when making purchase decisions and wantto have the ability to compare and purchase financial products online. iCompare.luis the first comparison site of its kind in Luxembourg, allowing consumers tosearch and buy insurance products based on their needs in 30 seconds. Theplatform bridges the gap between todays internet savvy consumers and financialinstitutions. The service is completely free and will be available in multiplelanguages.

PROBLEM SOLVED

! Customers today are unaware of the potential risks they pose to themselvesand others around them

! There is a lack of visibility and transparency of financial providers and productsavailable which makes search a time consuming and frustrating task

! Customers have difficulties evaluating alternative options due to a lack of information and the complex nature of some insurance products

! There is no functionality to simplify how customers purchase with no availabilityto purchase online


We have created an online platform which allows customers to find insurancequickly by aggregating policies from multiple insurers and listing them based onproduct features. By having partnerships with all insurers in Luxembourg, theconsumer journey will be facilitated


! We are the first in Luxembourg to offer such a comprehensive service! We are completely online allowing 24/7 access! Multilingual platform tailored to Luxembourg’s norms! An easy to use and simple website, with the concept known across the world

specifically in line with expat expectations ! We have over 30 years experience in the insurance business and other sectors! Data hosted in Tier 4 datacentre! Completely independent and unbiased, bringing confidence to the client ! No direct sales pressure, completely driven by the client

MARKET SIZE Approx !1 bln premium

LHoFT’s Innovators Directory 2019 ))*

Inclusivity Solutions[SOUTH AFRICA]

WEBSITE www.Inclusivitysolutions.com

TEAM

Mr Jeremy Leach, CEOMr Tyler Tappendorf, Customer Experience ExecutiveMr Nigel Bowman, Product and Actuarial ExecutiveMr Sam Ndori, General Manager OperationrsMr Tibo Zafack Takadong, Head of Technology


ACTIVITIES IN South Africa


ELEVATOR PITCH

Inclusivity Solutions is an African-based insurtech company focused on developingrelevant and affordable insurance products for emerging consumers. We do this bypartnering with mobile operators and other financial institutions who already havestrong customer relationships. We provide the technology to offer low-cost digitalinsurance products and the strategy needed to scale these products intosustainable opportunities.

PROBLEM SOLVEDInsurance penetration in many emerging markets is shockingly low becauseproducts are inaccessible, unaffordable, and only designed for the top 5% of themarket.


We overcome this by linking our products with mobile operators. We leverage theirbrands for trust, their marketing channels to inform customers, and theirdistribution capabilities to bring insurance into the mobile handsets of customers.We provide the platform that links the mobile operators with insurance policies andthe operational and strategic support to allow local insurers to design and runproducts geared toward the other 95%.


We’ve built a proprietary platform that drives insurance products designed foremerging consumers and integrates closely into mobile operator networks.Likewise, our team is African-based and built with leading experts in insurance,technology, telecoms, and emerging consumers.

MARKET SIZEWe’ve signed up over 400,000 customers as of October 2018 from our first threelive markets: Rwanda (partnered with Airtel-Tigo), Kenya (partnered with Equitel),and Ivory Coast (partnered with Orange).

LHoFT’s Innovators Directory 2019 )))

INSURNEXT[ AUSTRIA ]

WEBSITE www.insurnext.com

TEAM Mr Laurent LANG, Managing DirectorMr Raymond LANG, Managing Director

FINTECH SECTOR InsurtechCOUNTRY OF

ACTIVITY Austria, Luxembourg


ELEVATOR PITCHWe create beautiful and easy-to-use web solutions for the insurancesector. Because we think that dealing with insurance should be less cumbersome, more delightful for end consumers and more efficient for insurers.

PROBLEM SOLVED

! From a consumer perspective: insurance is still very analogue, quitecumbersome to deal with and ultimately not very digitized.

! From an insurance company’s perspective: operations still require a lot of human resources, especially in claims management.


Since we are an IT service provider, we do not have a product or service of our own,but we develop new solutions together with insurance companies and brokers. Forconsumers, these can be online platforms or apps, where they can easily get andmanage insurance policies. For insurance companies, these can be internal tools,that help automate a certain part of the claims process, for instance.


As opposed to other IT service providers, we have extensive experience in theinsurance sector. We know the challenges insurance companies and brokers face,and we know what is possible and what isn’t.

MARKET SIZE We work B2B2C. Our primary market is insurance companies and brokers in Luxembourg, followed by neighbouring countries.

LHoFT’s Innovators Directory 2019 ))+

Jemmic[ SWITZERLAND]

WEBSITE www.jemmic.com

TEAM Mr Jean-Pierre Schmit, Founder & CEO

FINTECH SECTOR Payment, Cybersecurity and Mobile Banking

ACTIVITIES IN Luxembourg, Switzerland


ELEVATOR PITCH

We digitize your business based on our software products “Made in Luxemburg”like our U-Safe Suite containing modules like IAM, WAF, Customer Portal and APIGateway or our secure mobile instant messaging app SecuChat. In addition, we arethere to tailor our products to your specific business needs and do individual,custom software development to enable fully integrated processes and straight-through-processing with banking-grade security like the multi-bank trade financeplatform TRAFEC build for the Swiss Trading and Shipping Association.

PROBLEM SOLVED

Often, application security is perceived as a necessary evil. Users don’t like the hassle of logins and session timeouts; and the business does not understand why so many security constraints are necessary. The U-Safe suite aims to satisfy all stakeholders: a centralized and integrated IAM and WAF secures the entire Web application perimeter while offering a convenient single-sign-on to the users. In addition, these two indispensable components are with U-Safe the corner stone of a full-fledged customer portal. Users can seamlessly navigate through all applications they are granted access to, have a centrally managed user profile and many self- service features to troubleshoot at. U-Safe uses a unique technology to integrate all your Web applications, as technically heterogeneous as they could be, into a portal with a homogeneous user experience. In addition, an OAuth 2.0 and OpenID Connect compatible API Gateway opens your services to the mobile world.


! U-Safe Suite (Strong Authentication and Transaction Verification Platform, IAM, WAF, Customer Portal, Secure API Gateway)

! CrontoSign Swiss Community! SecuChat! Custom Software Development! Secure Development Toolbox


! Build with U-Safe customer portals without the need of portal software – all is done with the U-Safe Identity and Access Manager and the Web Application Firewall.

! SecuChat combines the usability of instant messaging with the security of Internet Banking.

! Dedicated, highly skilled team and agile project management

MARKET SIZE

Our software products secure the mobile and internet banking logins and transactions of over 30 banks and corporates, securing over 1.000.000 online accounts mainly in Switzerland. In addition, our custom software development applications serve numerous clients and users every single day with a focus –but not exclusively – in the European and Swiss market.

))!LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 ))"

Keexle[ FRANCE]

WEBSITE www.keexle.com

TEAM

Mr Didier Hoareau (CEO)Mr Laurent Ghelfi (Chairman)Mr Calum Meechan (Product, Communication, Client Relations)Mr Mehdi Domec (Software Architect)

FINTECH SECTOR Cybersecurity



ELEVATOR PITCH

Keexle is a fully end-to-end encrypted communication and collaboration tool whereeach interaction is completely private & totally secure. File-Share, Chat, CloudStore, Video Conference and Collaborate with the most sensitive data. Designed byOnePrivacy, a start-up from Luxembourg, Keexle solves many problems facing anymodern company that handles sensitive data.

PROBLEM SOLVED

Data sharing on the internet and online collaboration are part of everyone's dailylives. We are more productive when we can easily find our documents, share themwith colleagues or even call them by video conference. Many tools allow you to dothis. However these tools have to index and analyse your data to be able to provideavailability and collaborative features. Not only do the companies behind thesetools have access to the contents of your data but by design these systems riskyour data being made public: your clear data is accessible from servers that arevulnerable to hacking. Secure collaboration between internal and external teams isessential for any projects' success, but using it is challenging if you wish tomaintain an appropriate level of security, especially when you have to deal withsomeone outside the organisation.


Keexle is a unified platform that combines all collaborative features with thehighest level of security. Keexle encrypts all of your exchanges with an end-to-endencryption technology. Before sending your data over the Internet, its encrypted;and only the recipients you chose can access to the decryption key. This meansthat unlike existing tools, your data is not decrypted at any point, and cannot bedecrypted by anyone other than your intended recipient.

SOLUTION/TECHNOLOGY

We as the cloud provider cannot even access our client data. This additionallymeans that if our servers were to be hacked or compromised, the data stored onthem is encrypted and therefore useless. Importantly, unlike other providers, theprivate encryption keys required to decrypt client data are controlled and stored onthe computer/server of the client, not on our servers; which greatly reduces the riskof a data breach. As a professional user, you can distribute the software towhoever you need to communicate & collaborate with; even if it's someone outsideyour company.


! Always fully end-to-end encrypted! Keexle as service provider can never access client data! Clients can choose location of servers dependent on country of operation

and.specific regulations.! Data can be hosted encrypted on Keexle servers with the private encryption

keys always controlled by the client, meaning we can never access the data on our servers. Keexle can also be self-hosted for an even greater level of control.

! Our SDK (Software Development Kit) also facilitates the innovation of new solutions that can be integrated with Keexle end-to-end encryption.

MARKET SIZE

Cloud Collaboration Market:$26.39 Million 2017$55.54 Million 2023 (Projected)Cyber Security Market:$73.7 Billion 2016$101.6 Billion 2034 (Projected)

))#LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 ))$

Lendinvest[ UK]

WEBSITE www.lendinvest.com

TEAMMr Christian Faes, Co-Founder & CEOMr Ian Thomas, Co-Founder & CIOMr Rod Lockhart, Managing Director

FINTECH SECTOR Property finance lending & investing

ACTIVITIES IN Luxembourg, UKYEAR OF

INCORPORATION 2012

ELEVATOR PITCH

With £765 million (870 million euro) of lending capital, LendInvest operates Europe's leading marketplace platform for property lending and investing. It is a leading specialist real estate lender and investment manager based in London and Luxembourg, and one of the UK’s largest non-bank mortgage lenders. Using technology, LendInvest brings together all types of investors - from individuals through to the world's largest financial institutions - and connects them with borrowers to provide fast, flexible property finance.

PROBLEM SOLVED

! The mortgage market is slow, outdated, and dominated by banks that are burdened with legacy loan books and old systems.

! Investing in mortgages has been restricted to those with access to capital markets.


! LendInvest is building a new type of lender from the ground up that develops its own technology to provide fast, flexible mortgages in days not months, and to use datasets that enable the best possible credit quality control.

! LendInvest is democratising access to invest in property loans, from private individuals to the world’s largest institutions via its multiple funding channels.


LendInvest is run by property specialists with a 10-year track record of disciplined, sustainable lending. Combining deep industry knowledge with technological ingenuity, LendInvest is making investing in property finance simpler and creating a better experience for its borrowers and investors.

MARKET SIZE The UK mortgage market is worth £300 billion a year

LHoFT’s Innovators Directory 2019 ))%

Lingua Custodia[ FRANCE]

WEBSITE www.linguacustodia.finance

TEAM

Mr Olivier Debeugny, Founding CEO Mr Dr. Franck Burlot, Head of R&D Mr Massinissa Ahmim, Head of Product SpecialistsMr Arezki Sadoun, Head of Data and Translation Project ManagementMr Stéphanie Mogenot, Chief Marketing Officer

FINTECH SECTOR Artificial Intelligence applied to financial translations



ELEVATOR PITCH Making financial translations faster, cheaper and better through artificial intelligence

PROBLEM SOLVED

Financial institutions to reduce resources, time and budget dedicated to translation and communicate in multiple languages to their clients in a very quick, efficient andinexpensive manner. Lingua Custodia is the only machine translation company that was founded by finance professionals to specifically address the translation issues of the financial industry.


Lingua Custodia is specialised in the development of machine translation enginesfor the financial domain. Each of our translation engines is unique, built and trainedfor a specific purpose. Lingua Custodia has been gathering financial linguistic datafor more than 7 years now and offers several levels of services to its clients:Grant access to its specialist machine translation services designed by type ofdocuments: fund prospectuses, fund reports, portfolio management commentaries,annual reports, research brochures, stock analysis report… Develop a dedicated andpersonalised machine translation solution for a financial institution: use the pasttranslations of the company in order to train a dedicated translation software thatwill “learn” with the feedback provided by the user team and improve with time.


Lingua Custodia solution can be accessed in a secured manner through several web based interfaces or directly through an API. Our easy-to-adopt web interface is called VERTO. The user only needs to select the type of documents that is to be translated , the source and target languages, upload the document to translate (30+ formats are supported) and click translate. The translated document is then almost immediately available for download and no formatting is required as it has been preserved through the translation process. The user then can proceed to the review of the document in the target language and validate the translation that will be used to retrain the translation engines. Lingua Custodia can also propose specialised resources to review the translated documents on behalf of their clients.


Only Lingua Custodia is able to provide both expertise in machine learning applied to a massive financial data base and extensive knowledge of the financial context. Several companies are proposing machine translation solutions on the market and some financial institutions have tried those tools with mixed results, until today. The reason is that those companies are proposing machine translation solutions that are generalist (generic) and can’t be “trained” for a financial linguistic domain because they do not rely on Machine learning or because they have too little specialised data.

MARKET SIZE 17k investment firms in Europe

))'LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 ))(

LuxHub[ LUXEMBOURG]

WEBSITE www.luxhub.lu

TEAM Mr Jacques Putz, Chief Executive OfficerMr Claude Meurisse, Chief Operational Officer


ACTIVITIES IN LuxembourgYEAR OF INCORPORATION 2018

ELEVATOR PITCH

In the context of the entry into force of PSD2, Banque et Caisse d'Épargne de l'État, BGL BNP Paribas, POST Luxembourg and Banque Raiffeisen joined forces to create the new company LUXHUB. LUXHUB will host and will operate a common API platform providing Account Servicing Payment Service Providers with PSD2 compliance services. LUXHUB facilitates Banks to be involved in the new API Economy. According to PSD2, Account Servicing Payment Service Providers have to become technical service suppliers for Third-Party Providers: LUXHUB will assume this role for banks.

PROBLEM SOLVED PSD2 Compliance


Our solution - We Connect You: A bridge between Fintech and traditional banking. PSD2 compliant SaaS solution implementing multiple standards (STET, Berlin Group), developer sandbox,etc... Our technology - SaaS no point of failure solution running in Tier 4 redundant datacentres on state of the art security and high-availability components. The platform is using Axway solutions for API publishing, the de-facto standard on the market.


! Sharing of Compliance costs.! Our expertise in connectivity and standard interfaces! Hosting and operational management of the entire platform’s hardware &

infrastructure.

MARKET SIZE All EU established banks providing online payments to their clients

LHoFT’s Innovators Directory 2019 )+*

LuxTrust[ LUXEMBOURG ]

WEBSITE www.luxtrust.com et www.luxtrust.lu

TEAMMr Pascal Rogiest, CEOMr Stéphane Ries, COOMr Bernard Antoine, CCO

FINTECH SECTOR Authentication/ Trusted Cloud Services

ACTIVITIES IN Luxembourg/ Belgium


ELEVATOR PITCHLuxTrust can help you transform and digitalize your processes to improve businessefficiency while cost effectively increasing security and meeting ever evolvingcompliance requirements.

PROBLEM SOLVED

! Enabling natural and legal entities to identify and authenticate themselves on the web.

! Enabling full digitalization of business processes by avoiding the need to use wet signatures/ seals on papers.


! Provision of digital identities to entities; includes video identification.! Authentication of those people through the Internet. Provision of advanced

and qualified electronic signatures, the latter providing the same legal effect as handwritten signatures. All LuxTrust signatures include qualified timestamp.

! Provision of advanced and qualified electronic seals ; all LuxTrust signatures include qualified timestamp

! Code signing certificates

LHoFT’s Innovators Directory 2019 )+)

Neterium[ BELGIUM]

WEBSITE www.neterium.io

TEAMMr Thomas Gilbert, Founder, CEO & CTOMr Pascal Aerens, Co-founder - Business DevelopmentMr Jean Losco, Investor


ACTIVITIES IN Belgium, Luxembourg


ELEVATOR PITCH

Regtechs need a reliable partner to do the name screening part of their onboarding process, in order to deliver a better and faster experience to their clients, while KYC platforms require a solid screening solution capable of processing large files quickly and efficiently.

PROBLEM SOLVEDThe screening process should be fast, reliable, transparent and accurate (keepingthe false positive rate the lowest possible). We aim to fulfill all those criteriastogether in order to provide a frictionless user experience.


Jetscan is a cloud-based screening service, accessible through a standard API, compatible with most watchlist vendors, offering both real-time and batch services.


Hosted and infinitely scalable infrastructure to achieve very high throughput. Advanced false positive reduction strategies, including in-flight rules, geo-location or AI classifiers. Ability to precisely restore the context, even years later, and explain any result.

MARKET SIZE Hundreds of potential FinTechs/RegTechs that have emerged the last few years, digital platforms, Tier 2/3 banks. We also expect more KYC pressure on other markets in the future.

LHoFT’s Innovators Directory 2019 )++

Nexvia[ LUXEMBOURG]

WEBSITE www.nexvia.lu

TEAM Mr Pierre Clement, CEOMr Fr-.ntz Miccoli, COO & CTO

FINTECH SECTOR Real estate



ELEVATOR PITCHNexvia is bringing modernity next to real estate agency. Our high quality services are supported by digital tools enabling a better market understanding of the real estate, fiscal and financial aspects of projects.

PROBLEM SOLVED Real estate decisions are stress generating, they cover many topics (construction, finance, tax) that have a deep long-lasting impact.


We offer a unique experience relying on our advisers and digital tools. We use software to ease strong pain points and empower people.


Our tools are unique on the market and enable us to provide a very unique and broad service proposal covering the globality of a real estate project.

MARKET SIZE 100M! Luxembourg 6 B! Europe24 B! World

LHoFT’s Innovators Directory 2019 )+!

Numerium3[ BELGIUM]

WEBSITE www.numerium3.com

TEAMMr Quentin Adam, CEOMr Maxime D’Hondt, COOMr Vallier Adam, CFO

FINTECH SECTOR Cryptocurrencies/ Blockchain



ELEVATOR PITCH Numerium3 is a leader in systematic trading strategies on cryptocurrencies.

PROBLEM SOLVED

Prices on different exchanges evolve in line but are not always identical due to lack of central clearing houses and market inefficiencies. Numerium3 has deduced interesting trading opportunities arising from market inefficiencies. Numerium3 has generated returns of more than 200% per year since 2013 with no down way.

SOLUTION/TECHNOLOGY

! Numerium3 has developed automated trading algorithms that monitor the market 24/7 in real time and place high-frequency buy and sell orders across all the major crypto exchanges

! Numerium3 has developed a tool (Master API) that allows traders to place orders on all the major exchanges through a single interface

! Numerium3 is developing trading strategies based on artificial intelligence! Numerium3 is developing a database containing historical data of all major

exchanges to help traders back-test their strategies

COMPETITIVEADVANTAGE

Numerium3 has developed a network composed of group companies, brokers, bank accounts and crypto accounts all around the world that allows to test, apply and commercialise several strategies on all the major crypto exchanges. Furthermore, algorithms, robots and code lines are owned and developed in-house.

MARKET SIZE USD 300bn

LHoFT’s Innovators Directory 2019 )+"

OKO[ ISRAEL]

WEBSITE www.oko.finance

TEAM

Mr Simon Schwall, CEOMr Shehzad Lokhandwalla, CTOMr Théo Côme, Actuary

FINTECH SECTOR InsurTech/ AgTech

ACTIVITIES IN Israel


ELEVATOR PITCH

OKO leverages mobile and satellite technologies to provide automated crop insurance to emerging countries and provide a financial safety to smallholder farmers.

PROBLEM SOLVED500 million smallholder farms in the world are lacking the financial safety net and the financial instruments to grow their businesses.


! Fully automated insurance contracts, indexed to rainfall and other indexes to validate claim with no human intervention required

! Cloud-based policy management system connected to mobile money and SMS-gateways to be accessible on any device


! Direct-to-customer distribution model allowing rapid scale! Ability to design our own insurance products with a sophisticated risk

assessment tool

MARKET SIZE Potential global market size of USD 7.5Bn globally

LHoFT’s Innovators Directory 2019 )+#

Onpex Luxembourg[ GERMANY]

WEBSITE www.onpex.com

TEAMMr Christoph Tutsch, Managing DirectorMr Jürgen Schneider, Managing DirectorMr Torge Schwandt, Country Manager Luxembourg

FINTECH SECTOR Payments and Banking-as-a-Service / Management of Currencies, Crypto, SmartContracts, and Digital Assets



ELEVATOR PITCH

ONPEX helps businesses build their own financial services. We provide multi-currency IBAN accounts and acquiring powered by a flexible, API-driven SaaSplatform to create simple, compliant, and costefficient payment and banking solutions.

PROBLEM SOLVED Businesses have been without access to API-based solutions to manage theirpayments and banking in a regulatory compliant environment.


Banking-, Payments-, and Compliance-as-a-serviceONPEX’s white-label platform offers UI and API payments and banking, cloud-based infrastructure with bank level security, and regulatory as well as technicalcompliance. This includes client- and account management, IBAN issuing, multi-currency, SWIFT and SEPA transfers, foreign exchange, acquiring, card and APMcollecting, settlements, reconciliation, onboarding, billing, and invoicing.


All payment and banking services provided on a single platform by a regulatedservice provider.

MARKET SIZE 218 Trillion USD by 2022 according to Juniper Research (B2B Money TransferMarket).

LHoFT’s Innovators Directory 2019 )+$

Ovamba Solutions[ USA]

WEBSITE www.Ovamba.com

TEAMMr Marvin Cole, Co-Founder & CEOMs Viola Llewellyn, Co-Founder & PresidentMr Prashant Mahajan, Chief Technology Officer

FINTECH SECTOR TradeTechACTIVITIES IN USA


ELEVATOR PITCH

Ovamba is a Technology company. We innovate culturally attuned technologies topush growth for emerging market SMEs in the trade and commodities space. Weuse our innovations to provide short term capital and drive financial inclusion. Ourimpact on Africa’s ecosystem encourages financial literacy, financial inclusion andthe transfer of generational wealth.

PROBLEM SOLVED Access to financial services and capital for Africa’s trade and commodity exportbusinesses


! Sharia compliant investment platform! mobile apps for fast easy risk assessment and approval processing! end to end business tools for SMEs to improve performance and execution risk! “Growth-As-A-Service™” for customers seeking funding to import goods (can be

used by banks as well)! Commodity exportation tech tools & fund decisioning! “GPS” Growth Performance System – dashboard tech for the informal sector! Natural language chatbot for all customers seeking business and financial

services in their own language! Ovamba-Jasmeera – retail investment crowdfunding platform


! Very few competitors have the full end-to-end offering from eCommerceinventory ordering through to warehouse servicing and liquidation

! Few competitors can deliver the service in a multiple of African languages! Few competitors have created algorithms to measure African risk inclusive of

ethnic and cultural considerations! Even few deliver a sharia certified compliant digitized product for the trade

sector! Most FinTech solutions are focused on payments. We are focused on trade

MARKET SIZETrade in Africa is a $2.3 Tr opportunityThere are approximately 500 million SMEs that fit our market focusWorld Bank measures business credit gap at over $360b

LHoFT’s Innovators Directory 2019 )+%

Payconiq International [ THE NETHERLANDS]

WEBSITE www.payconiq.com

TEAMMr Duke Prins, CEOMr James King, International Business DeveloperMs Renata Vaivaade, Business Developer

FINTECH SECTOR Mobile Payments

ACTIVITIES IN The Netherlands, Belgium, Luxembourg, Germany


ELEVATOR PITCH

It is our mission to become the most widely used mobile payment connection in allof Europe. A mobile payment application that can be used in restaurants, shops,onine and amongst friends. With the quick scan of QR code followed by yourauthentication, your payment is complete.

PROBLEM SOLVED Cash and cards are history

SOLUTION / TECHNOLOGY Payconiq smartphone app


> Mobile payments market leader in Belgium and Luxembourg> Recently launched in the Netherlands> Pilot running in Germany

MARKET SIZE www.payconiq.com/enwww.digicash.lu

LHoFT’s Innovators Directory 2019 )+'

ResistantFund[ LUXEMBOURG]

WEBSITE www.resistantfund.com

TEAM Mr Tahar Slimani, FounderMr Edouard Vallet, Founder

FINTECH SECTOR Fundtech / CryptocurrenciesACTIVITIES IN Luxembourg


ELEVATOR PITCH

ResistantFund is the best way to diversify and secure your gain from your cryptoadventures. ResistantFund is an investment fund in FIAT which has a verydiversified portfolio in the traditional economy managed by professionals.ResistantFund allow crypto-millionaires and ICO startups to invest, diversify andoperate in a smooth way. ResistantFund and his partners also help you to open adedicated bank account in Luxembourg.

PROBLEM SOLVED Give access to banking and financial services for ICOs and crypto-millionaires.

COMPETITIVE ADVANTAGE We are the first

MARKET SIZE $200 bio https://coinmarketcap.com/

LHoFT’s Innovators Directory 2019 )+(

Ripple[ USA]

WEBSITE www.ripple.com

TEAM Mr Brad Garlinghouse, CEOMr Stefan Thomas, CTO

FINTECH SECTOR Blockchain/ Cryptocurrency/ Cross-border Payments

ACTIVITIES IN San Francisco, New York, London, Luxembourg, Sydney


ELEVATOR PITCH

Ripple provides one frictionless experience to send money globally using the powerof blockchain. By joining Ripple’s growing, global network, financial institutions canprocess their customers’ payments anywhere in the world instantly, reliably andcost-effectively. Banks and payment providers can use the digital asset XRP tofurther reduce their costs and access new markets.

PROBLEM SOLVED Cross-border payments are unreliable, slow, and expensive

SOLUTION / TECHNOLOGY Blockchain and the Interledger Protocol (interledger.org)


Ripple’s network currently includes over 100 banks and financial institutions, including banks such as Santander and UBS and payment companies from MoneyGram to American Express. As the stewards of XRP, the best digital asset for payments, and the inventors of the open source Interledger Protocol, Ripple is uniquely positioned to transform global payments.

MARKET SIZE $155 trillion are sent across borders each year

LHoFT’s Innovators Directory 2019 )!*

RiskConcile[ BELGIUM]

WEBSITE www.riskconcile.com

TEAM

Dr. Jan De Spiegeleer, CEO, Risk AnalyticsMr Lieven op de Beeck, CTOMr Karl Ottevaere, Business developmentProf. Dr. Wim Schoutens, Model Validation & ValuationMr Pieter Moors, Data Scientist

FINTECH SECTOR RegTechACTIVITIES IN Belgium, Luxembourg


ELEVATOR PITCH

RiskConcile develops and deploys cloud-based risk solutions for the financial industry. Its first product, PriipsLab, is currently servicing asset management companies, insurance companies and service providers across Europe. Powered by its calculation engine and its expertise in financial markets, this solution produces an instantaneous risk classification and documentation of financial instruments. PriipsLab completely automates the requirement of Regulation No 1286/2014 of the European Parliament to inform investors on the embedded risk in complex financial products.

PROBLEM SOLVEDPriipsLab offers a flexible solution to calculate the risk of financial instruments (=priips) according to EU Law. The different numerical outputs are combined into the required Key Information Document (KID) in every European language.


PriipsLab is deployed on a cloud-environment (AWS). If required an on-premise installation can be done as well.


RiskConcile combines its theoretical knowledge in financial mathematics and machine learning with its experience in financial markets into the deployment of cloud based risk solutions. This capability gives RiskConcile an outspoken advantage compared to our competitors. An extra advantage is its strategic link with one of Belgium’s leading universities (KU Leuven)

MARKET SIZE RiskConcile’s target market is the European asset management and Insurance industry. The European fund management industry is a 11 trillion EUR industry.

LHoFT’s Innovators Directory 2019 )!)

Scorechain[ LUXEMBOURG ]

WEBSITE www.scorechain.com

TEAMMr Pierre Gérard, CEO & Co-founder Mr Laurent Kratz, Chairman & Co-founder Ms Lisa Boussard, Marketing Executive

FINTECH SECTOR Blockchain/ Cryptocurrencies/ RegTech


INCORPORATION 2015

ELEVATOR PITCH

We provide trust in crypto markets. We are a crypto regtech startup that provides Anti-Money Laundering solutions for compliance (Bitcoin & Ethereum for today). Our monitoring tools can track transactions, addresses and wallets. It helps our customers verifying origin of funds, managing risk, investigating on forensics, leading AML compliance policies and source of wealth due diligence. Today we serve Crypto Exchange Platforms, Private Banks, Brokers, Audit firms, funds and ICOs and any financial institution willing to enter the crypto world.

PROBLEM SOLVED

! Provide compliance tools for Blockchain assets (AML, Know Your Transaction, Risk Scoring, Tax and audit reporting, Ownership proofs etc.)

! Provide Blockchain knowledge with trainings and workshops! Provide tech and business skills for Proof-of-Concepts and Products

development t through our consulting partner Neofacto! We are the missing link between cryptocurrencies and the regulated world of f

finance


! Data aggregation and sentiment analysis for crypto investors! Blockchain Intelligence for Bitcoin & Ethereum AML! AML Reporting for ICOs


! The only actor that provides customized risk management with the possibility to define its own scoring index

! Unique clusterization algorithm! First AML solution for ETH! User friendly dashboard and data visualization

MARKET SIZE

! Companies willing to operate with the Bitcoin ecosystem! Audit firms serving regulated Bitcoin Companies! Investigators, Law enforcement agencies! Banks dealing with Bitcoin related clients! Insurance and financial services! All companies willing to innovate within Blockchains

)!+LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 )!!

WEBSITE www.secourriel.com

TEAM Mr Jorg Reinking, CEOMs Sarah Halit, Project Manager & Business Development

FINTECH SECTOR Cybersecurity


INCORPORATION 2017

ELEVATOR PITCH

Secourriel provides a trusted digital collaboration solution for business. Thisincludes end-to-end encrypted secure messaging for email and file sharing anddata is being processed in Luxembourg in bank-grade data centres. Clients stay infull control. Further, crucial business functions, such as audit trail,team/delegation, are included in our solutions which make it unique in the industry.Indispensable facing GDPR and many other EU regulations.

PROBLEM SOLVED

! COST – we do much better as existing solutions at significant lower cost (CAPEX and OPEX)

! COMPLIANCE PROBLEMS - financial and general EU regulation covered! BUSINESS PROBLEMS – we make secure messaging and file sharing a smooth

process with strong B2B features


Three layered security architecture, completely End-to-End encrypted and hosted inLuxembourg bank-grade PSF certified data centres (Tier 4, ISO 27001). Trustedparty for message clearing and key management involved.Audit trail based on multiple distributed ledger technology concept.Major operating systems supported for desktops PCs (Windows. Linux) and mobiledevices (iOS, Android). Microsoft Outlook Add-in. Back End server componentsavailable.

Secourriel[ LUXEMBOURG ]


Unique, strong and resilient security architecture catering to the needs of the finance industry, respecting the privacy of users and providing a high level of autonomy and control required by banking authorities. Data Protection best practise.

MARKET SIZETAM (Total Addressable Market): 2021 global encryption market is 7bn USD according to Zion Market research.

)!"LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 )!#

Seqvoia[ LUXEMBOURG ]

WEBSITE www.seqvoia.com

TEAMMr Nicolas Buck, CEOMs Susanne Schartz, COO Ms Vania Henry, CMO

FINTECH SECTOR Regtech / Fundtech


INCORPORATION 2012

ELEVATOR PITCH

With our web-based solution FundD, asset managers, asset servicing companiesand custodians easily produce and distribute core regulatory fund documentation, such as :

! UCITS KIIDs & PRIIPs KID! Prospectus! Data Dissemination! Application forms! Shareholder letters! AGM / EGM

FundD significantly improves the accuracy, efficiency and traceability of production, translation and electronic distribution from the usual more cumbersome and potentially inaccurate manual update.

PROBLEM SOLVED

Ever-changing regulation, the growing scope of products, the shifting distribution landscape and multiple stakeholders editing documents means clients use ourcutting-edge technology to:

! Reduce operational cost! Fast-track products to market! Ensure legal compliance and minimise risk! Take better decisions


Our web-based solution is offered as Software as a Service that can be accessedby our clients anytime from anywhere.


FundD is a smart RegTech solution for a niche market; we offer a highlysophisticated tool that is unique in the market. Our main strengths and advantagesare our deep industry expertise coupled with a profound understanding of theregulatory framework our clients operate in. They value our agility as well as ourcapability, willingness and flexibility to quickly respond to market requirements.This shows in our commitment to continuous improvement and our regularreleases of new functions in response to legal and market requirements.

MARKET SIZE> Asset managers, fund managers, manufacturers of structured products and insurance players offering PRIIPs> Located in Luxembourg, Switzerland, UK, Ireland, US & Singapore mainly

)!$LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 )!%

Smart Oversight[ LUXEMBOURG]

WEBSITE www.smart-oversight.com

TEAM Mr Guillaume Vieira de Carvalho, Co-founder & CEOMr Paul-Claude Cayon, Co-founder & CTO




ELEVATOR PITCHSmart Oversight is a management solution that streamlines the Anti-Money Laundering & Know Your Customer processes based on Robotic Process Automation and Natural Language Processing algorithm.

PROBLEM SOLVED

! Reduce AML compliance costs! Make the process scalable and faster! Offer automation of the process even for small and medium entities! Offer multi-channel screenings with no restriction to a single data provider


! Natural Language Processing! Machine Learning


! Competitive Prices! Automated web screening feature with our NLP algorithm! Aggregate any source of data

MARKET SIZE Any entities subject to the European Anti-Money Laundering Directive.

LHoFT’s Innovators Directory 2019 )!'

WEBSITE www.snapswap.eu

TEAM Mr Denis Kiselev, CEOMs Natalia Pavlova, CTO

FINTECH SECTOR Payments/ Regtech/Blockchain

ACTIVITIES IN USA, Russia, Luxembourg, UK


ELEVATOR PITCHSnapSwap provides a fully automated online customer onboarding / KYC solutionfor banks and other regulated financial services allowing them to onboard newcustomers in minutes rather than days.

PROBLEM SOLVEDCurrently, customer due diligence processes in financial services are manual,

inconsistent and provide an incomplete view of the customerand the risks they pose. Customer onboarding is expensive and inefficient.


Snaprove™ is a unique fully automated solution for onboarding customers in compliance with anti-money laundering and “Know Your Customer” requirementsremotely via a personal mobile device (a phone or a tablet) or on a personalcomputer. Integrated in a mobile app or an Internet site, Snaprove™ allows a company to verify the customer’s identity, collect KYC data, perform due diligence and obtain a legally binding electronic signature.


SnapSwap offers complete end-to-end and fully automated solution to financialinstitutions in Europe and beyond.

SnapSwap international[ USA ]

MARKET SIZE

Number of financial institutions: EU – 5 848.BeNeLux, France and Germany – 3 050Number of verifications: EU: 100+ million KYC verifications/year by 2020BENELUX: 3+ million of new accounts and KYC per yearTarget industries: Banks, Telecoms, Investment funds, Insurance companies, Wealth management, Consumer loan companies.

)!(LHoFT’s Innovators Directory 2019

LHoFT’s Innovators Directory 2019 )"*

Startalers[ LUXEMBOURG]

WEBSITE www.startalers.com

TEAM Ms Gaëlle Haag, CEOMr Thierry Smets, COO

FINTECH SECTOR Wealthtech



ELEVATOR PITCH

We are women’s BFF – best financial friend.We support smart, busy, responsible women taking ownership of their financialdestiny. We provide a digital financial advisor that delivers financial awareness,tools to help develop their personalized financial plan based on their ownobjectives and the ability to execute on this plan through sustainable instrumentsthat are aligned with their values.

PROBLEM SOLVED

Only 10% of women invest today – this is a significant opportunity cost for them asthey retire – their pension savings is on average 40% lower than their male peers atretirement – but they live longer than men! So they have to do more withsignificantly less, with results in a significant vulnerability as they age.

SOLUTION / TECHNOLOGY Bot, AI


! Community for women by women where they feel safe to ask questions without being judged or patronized,

! Focus on onboarding through gamified financial education,! Ability to improve their financial security while aligning their investments with

their values,! Investments in instruments that carry their values, with specific screening of

women led ventures that are looking for funding.

MARKET SIZE /

LHoFT’s Innovators Directory 2019 )")

Szmart Blockz[ GERMANY]

WEBSITE www.szmartblockz.io

TEAM Mr Dennis Rossbach, Manager




ELEVATOR PITCH

Szmart Blockz is using blockchain technology to help being fraud save and cleanfor reporting, e.g. audits, compliance, etc. Strangers within the company areapproving the orders, contracts, suppliers, etc. Szmart Blockz is a privateblockchain tailored to the company needs in Procurement for the P2P process(Purchase to pay).

PROBLEM SOLVED Preventing misuse of internal workflows and provide audit proof reports.


Blockchain technology with approvals in a block. Genesis block issued to the CEO,COO, CPO, Manager, etc. (company specific)


8 years professional experience in Procurement in Consulting, Defense industryand Banking. Special functions for approval workflow and compliance.Developer > 10 years professional experience in programming, e.g. in AI.

MARKET SIZE Global. Focus on Medium sized companies and Fortune companies. Focus onFinance, Insurance, Defense and Automotive.

LHoFT’s Innovators Directory 2019 )"+

Techmedev[ BELGIUM]

WEBSITE www.techmedev.eu

TEAMMr David Schmitz, ManagerMr Philippe Matray, Technology ManagerMr Amélie Jonet, Operational & Financial Manager


ACTIVITIES IN Belgium, Luxembourg


ELEVATOR PITCH

techmedev focuses on the area of blockchain technology leading two highly specialized technical projects: OpenJam (for music industry) & log-ion (data flow management). Once developed, log-ion and its technology will be deployed in a variety of B2B applications.

PROBLEM SOLVED

! Make flow management more efficient by a use of appropriate combined technologies.

! To allow the exchange and information processing in a fast, automatic and secure way.


Our main focuses are on: blockchain (Ethereum, Hyperledger, Multichain, Chain), cloud, ipfs, open-source software development, progressive Web Apps, NodeJSMERN Stack


Flexibility and adaptability in the usage of technologies. Permanent research for the best mix between need and technologies in its competencies area.

MARKET SIZE European projects

LHoFT’s Innovators Directory 2019 )"!

Tresorio[ FRANCE]

WEBSITE www.tresorio.com

TEAM

Mr Jonathan KLEIN, Manager Mr Loïc GORKA, ManagerMr Thibault STUDLE, ManagerMr Marceau VISANO, Manager

FINTECH SECTOR Cryptocurrency



ELEVATOR PITCH A diversified investment vehicle related to Blockchain for European investors

PROBLEM SOLVEDDirect access to Blockchain investments with easier tax reporting and bettersecurity of blockchain related assets through an investment vehicle based inLuxembourg


RAIF umbrella with different investment strategies from long only, mining andalgorithmic strategies. Smart cost efficiency and heat recovery with mininginstallation. Algorithms developed by one of the most important Fintech in Francewith machine learning and high frequency features.


! One of the first mover in Luxembourg! Diversified investment strategies (long only, mining and algorithmic trading)! Volatility management

MARKET SIZE Estimated at USD 3 bn

LHoFT’s Innovators Directory 2019 )""

VALORchain[ SWITZERLAND]

WEBSITE www.valorchain.io

TEAM Mr Stefan Bachmann, Founder, Chairman of the Board of DirectorsMr Pierre Mangers, Co-Founder, Member of the Board of Directors

FINTECH SECTOR Blockchain/ InsurTech/ Digital Wealth Management

ACTIVITIES IN Switzerland, Luxembourg, Germany and the UK


ELEVATOR PITCH

VALORchain AG unlocks the full potential from tangible assets by solving theproblem of poor data quality, provenance and authenticity in connection withtangible assets such as real estate, fine art, watches, jewellery, yachts, aircraft,automobile and wine. VALORchain applies blockchain principles and is launching adigital wealth management platform. Comprehensive, fraud-proof data recordsspanning the entire life-cycle of tangible assets are kept in one single place. Theplatform connects asset owners and services providers in a peer-to-peereco-system and generates new revenues.The target operating model of VALORchain reduces administration cost andenhances overall productivity.

PROBLEM SOLVEDEnabling owners of tangible assets to get a quick and easy-to-understand summaryof their wealth situation. Compare the wealth with peers. Access liquidity based onhigh quality data of the assets.

SOLUTION / TECHNOLOGYDigital wealth management platform and marketplace that enables the execution ofsmart contracts. Manage the entire life-cycle and create a smartPROVENANCE for atangible asset in one single place. Security, data storage and blockchain agnostic.


! Profound knowledge of tangible asset management for over 10 years! Tangible assets market is a niche which has not been exploited and digitally

transformed yet! State of the art, user-friendly UX! Cost reduction for our b2b clients! Revenue growth for our b2b clients! Speed

MARKET SIZE

Both, the overall size as well as the growth rate of tangible assets is bigger than theone for bankable assets. The market for luxury and passion investments –especially in the emerging markets – is still growing at a rate of 25% and exceedsUS$ 300 billion.

LHoFT’s Innovators Directory 2019 )"#

Vouch Digital[ UGANDA]

WEBSITE www.vouchdigital.africa

TEAM Ms Evelyn Namara, Founder & CEOMr Najja Najibulla Sendege, Co-Founder & CTO

FINTECH SECTORPayments/ Money transfers / Digital Payments

ACTIVITIES IN Uganda


ELEVATOR PITCH

The Vouch platform is an online verified digital supply chain platform that enablesdonors to offer cash donations to communities, both conditional and non-conditional payments with three underlying principles: Transparency of paymentsmade and recipients, Traceabiility of each transaction (end to end) andAccountability of each payment made (both donor and recipient side).

The platform has in the past delivered payment vouchers for purchase of goodsand services such as hermetic storage, seeds, fertilizers, medical equipment aswell as farming equipment.

PROBLEM SOLVED Fraud and corruption marring cash and donation-based programs

SOLUTION / TECHNOLOGYWorking on an identity verification toolkit that will help provide clear identificationof aid recipients and a digital platform that enables donors to transfer payments toverified recipients.

COMPETITIVE ADVANTAGEProduct toolkit (in development) for proper verification and identification of aidrecipients in Sub-Saharan Africa: [Our research shows that most fraud occursbecause recipients are not well identified and verified]

MARKET SIZE Over $100 Billion is delivered in foreign aid world-wide, majority of this coming tothe global south. Over half of recipients targeted by foreign aid are from SubSaharan Africa and have no legal identity. (500m people)

)"$LHoFT’s Innovators Directory 2019

Take a look at The “Luxembourg Fintech Map”

Complied with the support of LFF, ALFI, ACA and ABBL, you will find below a non-exhaustive Fintech map giving an overview of the vibrant Luxembourg Fintech ecosystem.

)"%LHoFT’s Innovators Directory 2019


Luxembourg’s FintechInnovation Hub

)"'LHoFT’s Innovators Directory 2019

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The LHoFT Foundation9 Rue du Laboratoire - L-1911 Luxembourg+352 28 81 02 01

[email protected]

About the LHoFTThe LHoFT – Luxembourg House of Financial Technology – is Luxembourg’s dedicated FinTechplatform where finance and technology interact to foster innovation and develop solutions toshape the future of financial services. Offering start-up incubation, co-working spaces includinga soft-landing platform, the LHoFT connects and creates value for the entire LuxembourgFinTech ecosystem: financial institutions, FinTech trailblazers, IT industry, research andacademia as well as regulatory and public authorities.

)#*LHoFT’s Innovators Directory 2019

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