ekonoo, Luxembourg first fully digital solutions offering medium and long term (occupational, and individual) innovating savings plan, obtains its authorisation as investment firm from the CSSF.
The Luxembourg FinTech, created in 2019, aims to answer the multiple challenges liaised to the management of collective savings plan, whether bank or insurance based, by making it accessible via an application based on a IT full cloud/serverless architecture handling the whole value chain for companies and their employees.
Its establishment in Luxembourg confirms the Luxembourg status as a strategic hub for FinTechs, asset management and insurance.
CMS Luxembourg assisted ekonoo on all legal aspects of the process. The team was comprised of Aurélia Viémont, Senior Counsel, Sarah Hantscher, Managing Associate and Mélanie Poirrier, Associate, for regulatory aspects, Angélique Eguether, Managing Associate, for Corporate Law and of Benjamin Bada, Partner.
