The battle for staying the preferred location for future FinTech
Pierre Gramegna, the minister of finance in Luxembourg, promised plenty of support for the Korean financial technology companies he met during his two-day visit to Seoul. In an interview with the Korea JoongAng Daily on Tuesday, Gramegna trumpeted his country as an active international actor in the financial industry and boasted of recent growth of the fintech industry, companies that provide financial services with an emphasis on technology. The minister attended a forum on the fintech industry on Monday held at Coex in Samseong-dong, southern Seoul, and met with around 20 Korean fintech companies. Gramegna was Luxembourg’s ambassador to Korea from 1996 through 2002. Impressed by the changes and growth that he has seen in the country, he decided to put Korea on his priority list to visit since he became the finance minister a year ago.