Supported by the Luxembourg House of Financial Technology (LHoFT), business accelerator SkyinQ has been assisting companies seeking to expand their operations in Europe since 2021 – from EU market entry support, to Business Process Outsourcing (BPO) services, business advisory for Korea-Europe, market research, and marketing strategy.
Selected as the only European partner for the “2023 Fintech Overseas Expansion Support Program” by Fintech Center Korea earlier this year, the company was invited to Korea Fintech Week in Seoul, from 30 August to 1 September.
Financial Services Commission (FSC) – the country’s top financial regulator – Vice Chairman Kim So-young started the ball rolling, reminding that domestic fintech companies needed to scale up by making the most of their excellent technologies and ideas to make forays into overseas markets to overcome the limitations of the local market size.
During these three exhibition days at the Global Hall, alongside embassies and international trade organisations, SkyinQ could introduce the visitors to Luxembourg, and its business opportunities.
“The entire event was amazing and with many important financial sector influencers attending. SkyinQ was able to promote Luxembourg not only to Fintech companies but also Fintech organisations and government agencies as well as Korean banks and financial institutions. There was a lot of interest towards Luxembourg and many interesting connections were made”,
concluded SkyinQ CEO Soyeh Kim.