The Luxembourg House of Financial Technology (LHoFT) has announced the launch of NextFin Asia, a dedicated investment fund aimed at scaling fintech solutions in Southeast Asia. This initiative, in partnership with the Luxembourg Ministry of Foreign and European Affairs and the Asian Development Bank (ADB), marks a significant evolution of the Catapult Inclusion SE Asia programme, transitioning from an acceleration initiative to a platform offering direct funding.
NextFin Asia will support fintech startups tackling financial inclusion challenges across ASEAN. The programme, now in its third edition, will provide selected startups with tailored mentorship, institutional partnerships, and direct investment opportunities. This new approach aims to accelerate market access and enhance the impact of fintech solutions in the region.
The 2026 edition of Catapult Inclusion SE Asia will kick off in June in Luxembourg, followed by a significant presence at the Singapore FinTech Festival in November. This strategic partnership underscores a shared commitment to fostering innovative financial ecosystems in Southeast Asia, combining Luxembourg’s expertise in sustainable finance with ADB’s regional development focus.
Xavier Bettel, Luxembourg’s Deputy Prime Minister, highlighted the importance of this collaboration, stating, “Through the NextFin Asia programme, we are supporting local entrepreneurs and startups whilst using public investment strategically to mobilise private capital alongside it.” Isabel Chatterton of ADB emphasised the programme’s role in expanding access to finance for underserved communities.
Applications for fintech startups in sectors such as digital payments, climate finance, and SME finance are encouraged, with further details to be announced soon.
