On Wednesday, the Fintech Association of Japan announced it has signed a Memorandum of Understanding (MOU) with Luxembourg House of Financial Technology Foundation. According to Finextra, the agreement was signed by Nicolas Mackel, CEO of Luxembourg for Finance, on behalf of the Luxembourg House of Financial Technology Foundation, and witnessed by H.E. Pierre Gramegna, Luxembourg Finance Minister, CEO of the organization, Nasir Zubairi, stated:
“This cooperation agreement with the Fintech Association of Japan is the confirmation of the strong and trusted relationship between Japan and the Luxembourg financial centre. The agreement confirms that Luxembourg is becoming a core hub for Fintech and for corporations looking for Fintech investment opportunities across Europe.”
Shirabe Ogino, Director of the Fintech Association of Japan, added:
“Through this MoU, we believe members of the Fintech Association of Japan will have better access to the European Union and receive up-todate information on trends or policies in the EU. We are also welcoming European Fintech startups to explore the financial sector in Japan.”
Fintech Association of Japan has also signed an MOU with Bahrain FinTech Bay, a FinTech hub representing Bahrain MOU.