The lauch of the Luxembourg Academy of Digital Finance was announced on Wednesday during the Singapore Fintech Festival, which runs unti15 November and is the largest fintech event of its kind. 

“Understanding the digital ecosystem and the value it can deliver to business and customers is critical,” Lhoft co-founder and CEO Nasir Zubairi said in light of the academy’s creation. He added that the partnership “will help ensure everyone in our Luxembourg institutions is energised and sees the potential that fintech can deliver to their work and to develop their careers.”

The academy aims to cover a range of topics, from cybersecurity to regtech and beyond. But it is also targeting the skills gap. In the PwC “Banking in Luxembourg: Trends & Figures 2019” report, for example, 42% of respondents identified “significant retraining/upskilling” as the most important criterion to help close the organisational skills gap. 

CFTE, which also launched London’s First Fintech Campus in April 2019, has developed courses with top-ranking universities, including MIT and Imperial College.