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When it comes to startups, little Luxembourg packs a big punch


Sandwiched between Germany, France, and Belgium, the tiny country of Luxembourg is one of Europe’s smallest, but also its wealthiest — its residents enjoy the second-highest per capita income in the world. Key to this success is its thriving financial services sector which has helped draw several big names to the Grand Duchy, including the European Investment Bank and Amazon. It’s no surprise then that fintech has been identified as the tech sector with the greatest growth potential in the region.  Luxembourg was also one of the world’s biggest investors in AI per capita in 2021, surpassed only by Israel,…

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